Canada’s inflation unexpectedly rises in April, upping rate-hike pressure
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate rose in April for the first time in…
2023
Israel economy grows 2.5% in Q1, likely clinches another rate hike
By Steven Scheer and Maayan Lubell JERUSALEM (Reuters) – Israel’s economy slowed less than expected in the first quarter of…
Two online brokerages to remove China apps as Beijing data crackdown widens
SHANGHAI/HONG KONG (Reuters) -Online brokerages Futu Holdings Ltd and UP Fintech Holding Ltd will remove apps in mainland China amid…
US default could trigger recession, disrupt critical government services – Yellen
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday warned that a default on government debt…
AutoNation names Thomas Szlosek as CFO
(Reuters) – AutoNation Inc named Thomas Szlosek as its chief financial officer, effective on or about Aug. 7, the auto…
Tesla Succession Planning, Demand In Focus Ahead Of Shareholder Meeting
By Hyunjoo Jin and Tanya Jain (Reuters) – Tesla Inc CEO Elon Musk will be under pressure to address investor…
Home Depot cuts forecasts, signals weakness ahead for big US retailers
By Deborah Mary Sophia (Reuters) -Home Depot Inc on Tuesday cut its annual sales forecast and projected a steeper-than-expected decline…
U.S. refiners build new oil processing as travel rises
By Erwin Seba HOUSTON (Reuters) – U.S. oil refiners aim to run at up to 94% of a total 17.9…
NY Fed May survey finds rising number of firms expect credit tougher to get
By Michael S. Derby NEW YORK (Reuters) – Leaders of factory and service sector firms in the New York Fed’s…
Yellen warns US default could trigger recession, ‘break’ financial markets
WASHINGTON (Reuters) – Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions…