Apple, Visa Power Wall St Higher As Roller-coaster Week Winds Down
By Devik Jain and Bansari Mayur Kamdar (Reuters) -Wall Street’s main indexes reversed course to move higher on Friday, propelled…
January 2022
Chevron Reviews Court Decision That Blocked Gulf Of Mexico Lease Sale
By Sabrina Valle HOUSTON (Reuters) – Chevron Corp is reviewing a federal judge decision that invalidated the results of an…
Caterpillar Sales Soar, Warns Of Margin Pressure
By Bianca Flowers and Uday Sampath Kumar (Reuters) -Caterpillar Inc topped Wall Street estimates with a fourth quarter revenue increase…
Oil Hits Over 7-year High On Political Risks, Supply Crunch
By Swati Verma BENGALURU (Reuters) – Oil prices extended gains to their highest levels in over seven years on Friday…
Argentina reaches agreement with IMF to refinance debt
BUENOS AIRES, Argentina (AP) — Argentina has reached an agreement with the International Monetary Fund to refinance more than $40…
Daimler AG To Rebrand As Mercedes-Benz On Feb. 1
BERLIN (Reuters) – Daimler AG will be formally renamed Mercedes-Benz Group AG on Tuesday – nearly a year after the…
U.S. Consumer Spending Falls In December; Inflation Increases
WASHINGTON (Reuters) – U.S. consumer spending fell in December, suggesting the economy lost speed heading into the new year amid…
A key inflation gauge rose 5.8% in 2021, most in 39 years
WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the…
China Says U.S. Should Stop ‘unreasonable Suppression’ Of Chinese Companies
HONG KONG (Reuters) – The United States should immediately stop “unreasonable suppression” of Chinese companies and treat them fairly, China’s…
Caterpillar Warns Of Margin Pressure As Production Costs Bite
(Reuters) -Caterpillar Inc warned on Friday its first-quarter operating margins could take a hit from higher production and labor costs,…