Oil Rises, Defying Stock Market Falls As Supply Concerns Persist
By Florence Tan and Laura Sanicola (Reuters) -Oil prices climbed for a third straight session on Friday, shrugging off concerns…
May 5, 2022
Australia’s Macquarie Has Record Year But Profit Warning Triggers Share Slide
By Byron Kaye and Savyata Mishra (Reuters) -Australia’s Macquarie Group Ltd posted forecast-beating record annual profit powered by a surge…
Asian Shares Slide After Wall Street Frets Over Rate Hike Consequences
By Alun John HONG KONG (Reuters) – Asian shares tumbled on Friday while the U.S. dollar and Treasury yields rose…
Dollar Set For Fifth Winning Week On Hawkish Fed As Payrolls Loom
By Kevin Buckland TOKYO (Reuters) – The dollar was headed for a fifth winning week versus major peers on Friday,…
Australia’s Central Bank Drastically Raises Inflation Forecasts, Flags More Rate Hikes
SYDNEY (Reuters) – Australia’s central bank on Friday drastically revised up forecasts for inflation, foreshadowing how far interest rates might…
Dorsey-led Block Beats Operating Profit Estimates, Shares Surge 10%
(Reuters) – Block Inc, the fintech firm led by Twitter co-founder Jack Dorsey, said on Thursday it had not seen…
Tokyo Consumer Prices Rise At Fastest Pace In 7 Years
By Yoshifumi Takemoto and Kantaro Komiya TOKYO (Reuters) – Core consumer prices in Tokyo, considered a leading indicator of Japanese…
Air Lease Forecasts Strong Demand For Jets, Warns On Production Risks
By Aishwarya Nair and Eric M. Johnson (Reuters) -Air Lease Corp on Thursday pointed to strong demand for the industry’s…
Wall Street Tumbles As Investors Fret Over Bigger Fed Rate Hikes
By David French (Reuters) – U.S. stocks ended Thursday sharply lower amid a broad sell-off, as investor sentiment cratered in…
Amazon union head, others meet at White House on organizing
WASHINGTON (AP) — Vice President Kamala Harris and Labor Secretary Marty Walsh met with union organizers at the White House…