Wall Street Ends Week On Down Note After Jobs Report
By Echo Wang (Reuters) – Wall Street ended lower on Friday amid concerns about rising Treasury yields and the prospect…
May 2022
EXPLAINER: More pressure on the Fed from April jobs report
WASHINGTON (AP) — Friday’s jobs report for April provided mixed signals on the economic issue most on the minds of…
Dollar Index Slips From 20-year High, Fed Rate Path In Focus
By Karen Brettell NEW YORK (Reuters) – The dollar slipped against a basket of currencies on Friday after two volatile…
U.S. Summer Travelers Can Expect Long Lines, Higher Prices As COVID Restrictions Ease
(Refiling to reflect change of company name from Smith Travel Research Inc to STR in paragraph 6) By Doyinsola Oladipo…
Powerful blast at Havana hotel kills at least 9, injures 40
HAVANA (AP) — A powerful explosion apparently caused by a natural gas leak Friday killed at least nine people and…
Manufacturing Drives Strong U.S. Hiring; Wage Growth Cools
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth increased more than expected in April as manufacturers boosted hiring, underscoring…
Diverging Businesses: Uber Vs Lyft In Six Graphics
By Tina Bellon (Reuters) – Lyft Inc’s choice to stay on the narrow ride-hail road worries investors as its larger…
Brazil’s Vale Signs Long-term Deal To Supply Tesla With Nickel
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian miner Vale SA said on Friday it has signed a long-term deal with…
Fed’s Kashkari Says Supply Chain Progress Key To Avoiding Recession
(Reuters) – The Federal Reserve will have to raise interest rates more aggressively and risk a recession if supply chain…
Fed Says Banks In Good Shape Despite Volatility, Warns On Prime Broker Risk
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve said Friday the U.S. banking system remains strong despite heightened…