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…
Economy
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…
Small funds eyeing big gains pile on Venezuela debt
By Mayela Armas, Corina Pons and Rodrigo Campos CARACAS/MADRID/NEW YORK (Reuters) – Small funds and investors outside the United States…
Goldman’s cost-cutting accelerates as lean times persist
By Saeed Azhar, Lananh Nguyen and Tatiana Bautzer NEW YORK (Reuters) – Goldman Sachs Group Inc’s managing directors were invited…