Powell: ‘No guarantee’ Fed can tame inflation, spare jobs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said there’s “no guarantee” the central bank can tame runaway inflation without…
June 29, 2022
Disney Introduces First New Cruise Ship In A Decade, Dips Toe Into Metaverse
By Dawn Chmielewski PORT CANAVERAL, Fla. (Reuters) – Chief Executive Bob Chapek is set to christen Walt Disney Co’s first…
Sale puts Ben & Jerry’s ice cream back in West Bank, kind of
JERUSALEM (AP) — A new agreement in Israel will put Ben & Jerry’s ice cream back on shelves in annexed…
Union Calls For Strike At Hamburg Airport, Adding To Sector Woes
BERLIN (Reuters) – German trade union Verdi has called on technical staff at Hamburg Airport to go on strike on…
Bed Bath & Beyond CEO ousted after another dour quarter
Bed Bath & Beyond’s CEO was ousted Wednesday as the home goods retailer struggles to figure out what people want…
Wall Street Falls After Open On Rate Hike Woes
(Reuters) – The S&P 500 and the Nasdaq fell after the opening bell on Wednesday, after several policymakers made a…
World Bank’s Reinhart Sees ‘long Haul’ Before Any Debt Reductions For Developing Countries
By Andrea Shalal MADRID (Reuters) – World Bank chief economist Carmen Reinhart said it could take many more years before…
Strong ruble could hurt Russian businesses, official warns
MOSCOW (AP) — As the ruble strengthens to levels not seen in seven years, Russia’s minister of economic development warned…
US economy slipped 1.6% to start year; return to growth eyed
WASHINGTON (AP) — The U.S. economy shrank at a 1.6% annual pace in the first three months of the year,…
Bed Bath & Beyond Replaces CEO As Sales Slump
(Reuters) -Bed Bath & Beyond Inc Chief Executive Mark Tritton has stepped down as part of a management shake-up, which…