Transport Selloff Raises Economic Concern
Transportation stocks have been hammered over the past week. The iShares U.S. Transportation ETF (IYT) has fallen 13% since last…
2022
Warren Buffett buying spree goes on, HP soars on 11.5% stake
OMAHA, Neb. (AP) — Shares of HP Inc. jumped nearly 15% Thursday after Warren Buffett’s company snapped up more than…
KKR To List Japan’s Kokusai Electric As Early As June, Sources Say
TOKYO (Reuters) – U.S. private equity firm KKR & Co Inc plans to take Japanese chip equipment maker Kokusai Electric…
ConAgra cuts outlook as inflation outpaces its price hikes
ConAgra cut its outlook for the year with inflation outpacing the price hikes put into place by the major food…
Moscow Doubles Subsidies To Attract New Local Foodchains To The City
(Reuters) – Moscow has doubled the state support available for opening a fastfood chain in the city to 5 million…
Oil Rises From 3-week Low As Supply Concerns Linger
By Ahmad Ghaddar LONDON (Reuters) -Oil prices rose on Thursday from a three-week low touched in the previous session after…
US jobless claims stay at historically low levels last week
WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels. Jobless claims…
U.S. Weekly Jobless Claims Fall; Seasonal Factors Revised
WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week, indicating a further tightening…
ECB Policymakers Keen To Roll Back Stimulus Amid High Inflation: Accounts
FRANKFURT (Reuters) -European Central Bank policymakers appeared keen to unwind stimulus at their March 10 meeting, with some pushing for…
Shanghai wrestles with food shortages under virus shutdown
BEIJING (AP) — Residents of Shanghai are struggling to get meat, rice and other food supplies under anti-coronavirus controls that…