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…
May 2022
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…
MercadoLibre Says It Is Managing To Offset Costs Through Pricing
By Aluisio Alves (Reuters) – MercadoLibre Inc said it was so far managing to recoup higher costs by boosting its…
Anti-discriminatory bank law getting update for modern era
NEW YORK (AP) — The three major U.S. banking regulators said Thursday they a plan to rewrite much of the…