U.S. business inventories rebound in April
WASHINGTON (Reuters) – U.S. business inventories rebounded in April, boosted by stocks at manufacturers, suggesting that inventories could contribute to…
Business
CoinEx accepts New York ban, to pay $1.8 million to resolve attorney general lawsuit
By Jonathan Stempel NEW YORK (Reuters) – CoinEx agreed to pay $1.8 million and be banned from operating in New…
US manufacturing output barely grows in May
WASHINGTON (Reuters) – Production at U.S. factories almost stalled in May as manufacturing struggled under the weight of higher interest…
Outlook brightens among US Northeast manufacturers
(Reuters) – Manufacturers in the U.S. Northeast grew more optimistic about the near-term business outlook this month even as current…
Canadian housing starts fall 23% in May – CMHC
OTTAWA (Reuters) – Canadian housing starts fell 23% in May compared with the previous month as groundbreaking decreased on multiple…
Audi chief sets sights on China in electric car catch-up
By Cristina Amann INGOLSTADT, Germany (Reuters) -Audi has to speed up development of new models to meet a surge in…
Major central banks not done with rate hikes just yet
LONDON (Reuters) – Inflation is easing but major central banks remain hawkish, with a long-awaited pause from the U.S. Federal…
Lagarde comments at ECB press conference
FRANKFURT, June 15 (Reuters) – The European Central Bank raised its key interest by 25 basis points on Thursday to…
ECB lifts interest rates to 22-year highs
LONDON (Reuters) -The European Central Bank raised interest rates for the eighth successive time, as expected, on Thursday and signalled…
US import prices drop in May on energy, food
WASHINGTON (Reuters) – U.S. import prices fell in May and the annual decrease in prices was the sharpest in three…