US dollar scales seven-week peak after solid data, debt-ceiling optimism
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to a seven-week high on Wednesday, boosted by optimism about…
May 17, 2023
BlackBerry expects up to 54% revenue growth in 2026, shares rise
(Reuters) – BlackBerry Ltd on Wednesday forecast as much as 54% jump in 2026 sales from current year on the…
US Supply Chain Woes Shift And Persist In 2023
By Lisa Baertlein CHICAGO (Reuters) -The U.S. supply chain is healing from early pandemic shocks that sent shipping costs skyrocketing…
U.S. Republican-led states move to block Biden ESG investing rule
By Daniel Wiessner (Reuters) – A group of Republican-led U.S. states has asked a federal judge in Texas to strike…
NY Fed report finds decline in downside economic risks
By Michael S. Derby NEW YORK (Reuters) – Risks to the economic outlook in a time of a rapid Federal…
Oil settles up $2 on optimism about US debt ceiling, demand
By Laura Sanicola (Reuters) -Oil prices settled up about $2 on Wednesday as optimism over oil demand and U.S. debt…
Biden adviser Sullivan has ‘total faith’ in Secret Service after reported home break-in
ABOARD AIR FORCE ONE (Reuters) – White House national security adviser Jake Sullivan, asked on Wednesday about a recent break-in…
Russia says hypersonic missile scientists face ‘very serious’ treason accusations
By Tatiana Gomozova and Lucy Papachristou MOSCOW (Reuters) – Three Russian academics who have worked on hypersonic missile technology face…
Southern Europe braces for climate change-fuelled summer of drought
By Kate Abnett BRUSSELS (Reuters) -Southern Europe is bracing for a summer of ferocious drought, with some regions already suffering…
Volkswagen plans core brand revamp to boost returns -internal memo
BERLIN (Reuters) -German carmaker Volkswagen plans to overhaul its core brand to increase efficiency and returns, according to an internal…