Instant View: US March PCE price index shows high, but cooling, inflation
NEW YORK (Reuters) – U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, data from the…
April 28, 2023
Factbox-U.S. state abortion legislation to watch in 2023
By Gabriella Borter and Sharon Bernstein (Reuters) – State legislatures are wrestling with how much to restrict or expand abortion…
U.S. Consumer Spending Flat In March; Core Inflation Still Strong
WASHINGTON (Reuters) – U.S. consumer spending was unchanged in March, while underlying inflation pressures remained strong, which could see the…
Traders firm up bets on Fed rate hike in May
(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate on Friday firmed up bets the U.S. central…
India March infrastructure output grows 3.6%, a five-month low
NEW DELHI (Reuters) – India’s infrastructure output expanded 3.6% year-on-year in March, its slowest pace in five months, in part…
Sluggish growth and high inflation leave ECB in tight spot
By Francesco Canepa and Belén Carreño FRANKFURT/MADRID (Reuters) – The euro zone economy is barely growing but inflation in the…
Intel climbs as Wall St cheers early signs of recovery
(Reuters) – Intel Corp shares rose nearly 6% as the once-dominant chipmaker’s quarterly print indicated “baby step progress” in efforts…
Colgate-Palmolive raises annual organic sales forecast on price hikes
(Reuters) – Colgate-Palmolive Co raised its full-year organic sales forecast on Friday, betting on consistent price hikes and steady demand…
UN body deplores ‘grave’ rights abuses by Russia in Ukraine
By Gabrielle Tétrault-Farber GENEVA (Reuters) -A United Nations committee said on Friday it was deeply concerned about human rights violations…
Italy’s economy rebounds in Q1 in boost for Meloni
By Gavin Jones and Giuseppe Fonte ROME (Reuters) -Italy’s economy grew by 0.5% in the first quarter from the previous…