Category Archives:
Fed’s George: It will be key to hold rates up once hikes end
By Michael S. Derby NEW YORK (Reuters) - Kansas City Federal Reserve leader Esther George said on Thursday that she hopes the central bank will continue its efforts to shrink its balance sheet, while ...
Jan 05, 2023
U.S. moves to ban non-compete provisions that hurt workers
By Diane Bartz WASHINGTON (Reuters) - The U.S. Federal Trade Commission, which enforces antitrust law, proposed a rule that would ban companies from requiring workers to sign noncompete provisions as ...
Jan 05, 2023
SolarEdge sees U.S. solar growth slowing in 2023, European markets surging
By Laila Kearney NEW YORK (Reuters) -Growth in the U.S. solar industry is expected to slow down in 2023, while some European and Asian markets are poised to surge, SolarEdge Chief Financial Officer Ro...
Jan 05, 2023
California storm kills child, leaves thousands without power
By Sharon Bernstein and Brendan O'Brien SACRAMENTO, Calif. (Reuters) - A massive storm unleashed high winds and torrential rains across California on Thursday, threatening much of the state with flash...
Jan 05, 2023
Amazon layoff signals more pain for tech sector as recession fears mount
(Reuters) - The massive job cuts by Amazon.com Inc, one of the biggest private employers in the United States, show the wave of layoff sweeping through the tech sector could stretch into 2023 as compa...
Jan 05, 2023
Ford reports smaller drop in 2022 U.S. sales as inventory levels improve
(Reuters) - Ford Motor Co on Thursday posted a smaller decline in annual U.S. sales compared to a year earlier, as an improvement in inventory levels allowed the U.S. automaker to ship more sports uti...
Jan 05, 2023
Fed’s Bostic: Officials “remain determined” to beat inflation
WASHINGTON (Reuters) - Inflation is the biggest headwind facing the U.S. economy right now and U.S. Federal Reserve officials "remain determined" to lower it back to the central bank's 2% target, Atla...
Jan 05, 2023
Real estate broker Compass to cut more jobs to deal with housing downturn
(Reuters) - Real estate broker Compass Inc said on Thursday it would cut more jobs to deal with a downturn in the housing market as it set a target of becoming free cash flow positive by the end of th...
Jan 05, 2023
U.S. trade deficit shrinks sharply as imports tumble
WASHINGTON (Reuters) - The U.S. trade deficit contracted by the most in nearly 14 years in November as slowing domestic demand amid higher borrowing costs depressed imports. The trade deficit decrease...
Jan 05, 2023
Prince Harry’s book sold ahead of official launch date in Spain
By Charlie Devereux MADRID (Reuters) - Several bookstores in Spain were selling the much-awaited memoir by Britain's Prince Harry on Thursday, five days ahead of the book's official launch date. A Reu...
Jan 05, 2023
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