US dollar firms as inflation data backs Fed hike; yen plunges
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar rose on Friday after data showed inflation grew in March,…
Business
SEC looks down on UpToken, imposes crypto fines
By Jonathan Stempel (Reuters) – The U.S. Securities and Exchange Commission has fined Seattle-based Coinme and related defendants nearly $4…
Crude prices up over 2% on rising U.S. oil demand and lower output
By Scott DiSavino NEW YORK (Reuters) -Oil prices mostly rose over 2% on Friday after energy firms posted positive earnings…
Chevron tops estimates with Q1 profit gain despite slide in oil prices
By Sabrina Valle HOUSTON (Reuters) -Oil major Chevron Corp beat market expectations on Friday as profit nudged higher in the…
US labor costs increase solidly in first quarter
WASHINGTON (Reuters) – U.S. labor costs increased solidly in the first quarter as strong wage gains persisted amid a tight…
Chinese small-cap stocks surge in meme-like rally
By Chibuike Oguh and Bansari Mayur Kamdar NEW YORK (Reuters) – The U.S.-listed shares of small and micro-cap Chinese firms…
Explainer-What next for Microsoft’s $69 billion Activision deal after UK ban?
By Paul Sandle LONDON (Reuters) – Britain’s Competition and Markets Authority (CMA) on Wednesday blocked Microsoft’s $69 billion acquisition of…
Cuervo tequila maker Becle narrows sales guidance after profit slump
By Isabel Woodford MEXICO CITY (Reuters) -Mexican distiller Becle, the world’s largest tequila producer, narrowed down its forecasts for its…
Factbox: Highlights from US regulators’ reviews of SVB, Signature failures
(Reuters) – The Federal Reserve and Federal Deposit Insurance Corp issued detailed reports on Friday on what went wrong and…
Pinterest, Snap tumble 18% as outlooks disappoint investors
By Noel Randewich (Reuters) -Shares of both Pinterest Inc and Snap Inc tumbled about 18% on Friday after the two…