Rouble Slumps Over 10% To Near 2-week Low As Russia Slashes Rates Again
(Reuters) -The Russian rouble slumped around 10% against the dollar in volatile trade to a two-week low on Thursday as…
May 26, 2022
Ukraine’s Richest Man Plans To Sue Russia For Huge Losses
KYIV (Reuters) – Ukraine’s richest man says he plans to sue Russia over what he said was $17 billon to…
Wall St Set For Higher Open On Earnings Optimism
By Devik Jain and Anisha Sircar (Reuters) -U.S. stocks were set to open higher on Thursday after strong earnings outlooks…
Nvidia Dragged Lower on Gaming Outlook
Nvidia (NVDA) stepped up to the earnings plate last night. There was a lot of pressure to perform. Supply issues…
Mastercard Shifts Focus To Southeast Asia, LatAm After India Ban, Russia Exit
By Divya Chowdhury DAVOS, Switzerland (Reuters) – Southeast Asia and Latin America are strong growth regions for Mastercard after its…
Davos Voices: What leaders say about climate change, war
DAVOS, Switzerland (AP) — Corporate buzzwords. Technical jargon. Bold but vague pronouncements about climate change and Russia’s war in Ukraine….
Fewer Americans apply for jobless benefits last week
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment benefits already…
US economy shrank by 1.5% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S. economy shrank in the first three months of the year even though consumers and businesses…
Macy’s raises annual profit outlook on strong Q1 results
NEW YORK (AP) — Shoppers’ return to occasion dressing helped to power Macy’s fiscal first-quarter results, and the department store…
Big tech deals keep coming: Broadcom buys VMware for $61B
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of…