Category Archives:
U.S. job openings fall in April, but still high
WASHINGTON(Reuters) - U.S. job openings fell in April, but still remained at considerably high levels, suggesting that wages would continue to rise as companies try to attract workers, and contribute ...
Jun 01, 2022
Forbes, SeatGeek terminate blank-check deals as SPAC boom fizzles out
(Reuters) - Business magazine Forbes and online ticketing company SeatGeek said on Wednesday they would terminate deals with blank-check firms, as the SPAC boom fizzles out and such transactions draw ...
Jun 01, 2022
Fed would struggle to achieve soft landing, Wells Fargo CEO warns
By Elizabeth Dilts Marshall and Niket Nishant (Reuters) - Wells Fargo & Co CEO warned on Wednesday that the Federal Reserve would find it "extremely difficult" to manage a soft landing of the economy ...
Jun 01, 2022
Stock rally not enough to save ARK from record 7-month losing streak
By David Randall NEW YORK (Reuters) - A sharp rally in the broad U.S. stock market over the last week in May was not enough to save star stock picker Cathie Wood's ARK Innovation Fund from notching it...
Jun 01, 2022
Bank of Canada hikes rates to 1.5%, says will act ‘more forcefully’ if needed
OTTAWA, June 1 (Reuters)- The Bank of Canada on Wednesday raised its policy interest rate to 1.5% from 1.0%, its second consecutive 50-basis-point hike, and said it was prepared to act "more forcefull...
Jun 01, 2022
U.S. manufacturing sector regains speed in May-ISM
WASHINGTON (Reuters) - U.S. manufacturing activity picked up in May as demand for goods remains strong, which could further allay fears of an imminent recession, but a measure of factory employment co...
Jun 01, 2022
Texas power use hits monthly record again with many more to come
(Reuters) - Power demand in Texas reached the highest level ever recorded in the month of May on Tuesday and will likely break the record for June on Wednesday as economic growth boosts overall usage ...
Jun 01, 2022
Germany to buy 60 Chinook helicopters – defence minister
BERLIN (Reuters) -Germany will purchase 60 Chinook heavy lift helicopters from Boeing to replace its ageing fleet of CH-53, Defence Minister Christine Lambrecht said on Wednesday, dealing a setback to...
Jun 01, 2022
Strong demand bolsters Canadian factory activity in May
By Fergal Smith TORONTO (Reuters) - Canadian manufacturing activity expanded at a faster pace in May as firms raised output to meet strong demand for their goods and inflation pressures showed some si...
Jun 01, 2022
U.S. corporate bonds post first positive monthly return this year
By Davide Barbuscia NEW YORK (Reuters) - U.S. corporate bonds posted their first positive monthly return this year in May as easing inflation jitters alleviated pressure on rates and the possibility o...
Jun 01, 2022
Peoria, IL, USA
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