EXPLAINER: Why bond yields may be warning of a recession
NEW YORK (AP) — One of the more reliable warning signals for an economic recession is starting to shine. The…
March 29, 2022
Outgoing CEO Luna Says Petrobras Has No Place For ‘adventurers’
(Reuters) – Petrobras has a strong governance and there is no room for “adventurers” within the firm, said outgoing Chief…
WeWork Names Top Boss Mathrani As Chairman
(Reuters) – Flexible workspace provider WeWork Inc on Tuesday named Chief Executive Officer Sandeep Mathrani as chairman and said SoftBank…
Lululemon Forecasts Strong Full-year Revenue
(Reuters) – Lululemon Athletica forecast full-year revenue above analysts’ estimates on Tuesday, signaling demand for athletic wear would remain consistent…
Russian Supply Chains Next In Line For Sanctions – U.S. Treasury’s Adeyemo
By David Lawder and Kate Holton LONDON/WASHINGTON (Reuters) -The United States and its allies plan new sanctions on more sectors…
Analysis-U.S. Treasuries Yield Curve Flashes Red To Investors
By Megan Davies and Ira Iosebashvili NEW YORK (Reuters) – The U.S. Treasury yield curve is flashing a warning sign…
U.S. 2s/10s Treasury Yield Curve Inverts
NEW YORK xx (Reuters) – A key part of the yield curve inverted on Tuesday, as the 2-year U.S. Treasury…
Oil Drops $2 On Positive Signals From Russia-Ukraine Peace Talks
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices dropped $2 on Tuesday, as talks progressed between Russia and Ukraine to end…
Exclusive – Vitol Made Record Net Profit For Full Year 2021 -sources
LONDON (Reuters) – Global energy trader Vitol Group made a record net profit of just over $4 billion for the…
FTC sues Intuit to stop ‘bait-and-switch’ TurboTax ads
The Federal Trade Commission is suing TurboTax maker Intuit, saying its ads for “free” tax filing misled consumers. Intuit says…