US manufacturers can’t shake that inflation feeling even as supply snarls ease
By Timothy Aeppel CHICAGO (Reuters) -For Matthew Prange, it’s easy to see why the inflation surge of the last two…
Business
Yellen reaffirms strength of US banking system in meeting with bank CEOs -Treasury
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen reaffirmed the strength and soundness of the country’s banking system in a…
FTX seeks to claw back over $240 million from Embed acquisition
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto exchange FTX is seeking to claw back more than $240 million…
Oil prices settle down 1%; strong US data boosts dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 1% on Thursday after solid U.S. economic data spurred the…
U.S. Air Force to award sixth-generation fighter contract in 2024
WASHINGTON (Reuters) -The U.S. Air Force intends to award a contract in 2024 for its sixth-generation fighter jet as it…
Currency fluctuations’ effect on N.American cos fell in Q4, report shows
NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results fell in the fourth quarter…
Fed’s hawks make a pitch against a rate-hike pause
(Reuters) – U.S. inflation does not look like it is cooling fast enough to allow the Federal Reserve to hit…
Egypt’s central bank leaves key interest rates on hold
(Reuters) – Egypt’s central bank kept its overnight interest rates unchanged on Thursday, saying that growth had slowed in the…
Recalled Peloton treadmills get US regulator approval for repair
(Reuters) – The U.S. Consumer Product Safety Commission (CPSC) on Thursday approved a repair for a rear guard of Peloton…
Bank of Canada’s Macklem says inflation coming down despite April gain
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem suggested April’s inflation increase – the…