Retail sales rise 0.5% in March amid soaring inflation
NEW YORK (AP) — Retail sales rose modestly in March, but higher prices for food, gasoline and other basics took…
April 2022
Goldman Profit Beats On Strength In Wealth Management, Trading
By Niket Nishant and Matt Scuffham (Reuters) -Goldman Sachs Group Inc reported a 43% drop in profit but beat Wall…
IMF chief: Ukraine war and inflation threaten global economy
WASHINGTON (AP) — The head of the International Monetary Fund warned Thursday that Russia’s war against Ukraine was weakening the…
Gasoline Lifts U.S. Retail Sales In March; Weekly Jobless Claims Rise
WASHINGTON (Reuters) – U.S. retail sales increased in March, mostly boosted by higher gasoline and food prices, but consumers are…
Turkey’s central bank keeps rate steady amid high inflation
ANKARA, Turkey (AP) — Turkey’s central bank on Thursday kept its main interest rate unchanged for a fourth month even…
US jobless claims rise but remain near a half-century low
WASHINGTON (AP) — The number of people seeking unemployment benefits ticked up last week but remained at a historically low…
Elon Musk Offers To Buy Twitter For $41 Billion
LONDON (Reuters) -Billionaire Elon Musk has offered to buy Twitter for about $41 billion, just days after rejecting a seat…
Goldman Sachs Profit Nearly Halves On Slowdown In Dealmaking
(Reuters) -Goldman Sachs Group Inc reported first-quarter profit that nearly halved on Thursday, as capital markets activity normalized from bumper…
Anti-virus shutdowns in China spread as infections rise
BEIJING (AP) — Anti-virus controls that have shut down some of China’s biggest cities and fueled public irritation are spreading…
Petrobras CEO-in-waiting Elected To Board After Weeks Of Turmoil
By Gram Slattery RIO DE JANEIRO (Reuters) – Shareholders in Brazil’s Petrobras have voted José Mauro Coelho onto its board,…