Category Archives:
Walmart sees sustained pressure from inflation; to slow hiring pace
(Reuters) - Walmart Inc said on Wednesday it was expecting inflation to add sustained pressure to its business this year, and that it was planning to slow the pace of hiring as its uses more automatio...
Apr 05, 2023
Column-‘Fragmentation’ the buzzword – and what it costs: Mike Dolan
By Mike Dolan LONDON (Reuters) - As "fragmentation" of politics and economics becomes the new buzzword for a world that appears to be splintering into blocs, the related costs of the new order are onl...
Apr 05, 2023
U.S. service sector slows in March; inflation cooling – ISM survey
WASHINGTON (Reuters) - The U.S. services sector slowed more than expected in March as demand cooled, while a measure of prices paid by services businesses fell to the lowest in nearly three years, giv...
Apr 05, 2023
Ex-Intel chief architect explores data center deals for AI startup in India
By Chavi Mehta BENGALURU (Reuters) - Intel Corp's former chief architect Raja Koduri is in talks with Hiranandani-backed data center operator Yotta for a deal for his generative artificial intelligenc...
Apr 05, 2023
AI stocks tumble after short-seller attack on C3.ai
(Reuters) - Artificial intelligence (AI) stocks fell on Wednesday after a short seller alleged accounting issues at retail darling C3.ai Inc, dampening investor interest in the group of small companie...
Apr 05, 2023
Fed’s Mester says too soon to tell if rate hike needed in May – Bloomberg
(Reuters) - Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday it was too early to know if the U.S. central bank would need to raise its benchmark interest rate at its next poli...
Apr 05, 2023
Stellantis unveils Ram EV pickup, to debut late in 2024, at New York auto show
By David Shepardson NEW YORK (Reuters) - Chrysler parent Stellantis NV on Wednesday unveiled its new electric Ram pickup truck, which is poised to debut on the market late in 2024 as a key part of the...
Apr 05, 2023
IMF warns geopolitical fragmentation could raise financial stability risks
By David Lawder WASHINGTON (Reuters) - Rising geopolitical tensions and the resulting fragmentation of the global economy could increase financial stability risks, reducing cross-border investments, a...
Apr 05, 2023
Mexico annual inflation hits 6.85% in March, below forecasts
(Reuters) - Mexico's consumer prices slowed more than expected in the year to March, data from statistics agency INEGI showed on Wednesday. The headline index rose 6.85% in the year through March, bel...
Apr 05, 2023
U.S. trade deficit widens in February as goods exports fall
WASHINGTON (Reuters) - The U.S. trade deficit widened more than expected in February as exports of goods declined, suggesting that trade could drag on economic growth in the first quarter. The trade d...
Apr 05, 2023
Peoria, IL, USA
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