US consumer price increases slow; underlying inflation sticky
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices barely rose in May and the annual increase in inflation was…
Economy
Fewer people trust traditional media, more turn to TikTok for news, report says
By Helen Coster NEW YORK (Reuters) – The number of people globally who initially access news through a website or…
US labor board ruling could spur unionizing by gig workers, others
By Daniel Wiessner (Reuters) – The U.S. National Labor Relations Board on Tuesday made it more difficult for companies to…
Buyer of former Starbucks assets in Russia says he paid about $6 million -TASS
(Reuters) – Restaurateur Anton Pinskiy paid around 500 million roubles ($6 million) for assets formerly licensed by Starbucks in Russia,…
Zelenskiy seeks tougher sanctions on Russian missile components
(Reuters) – Ukrainian President Volodymyr Zelenskiy called for tougher sanctions to halt the flow of components used in Russian missiles,…
Dollar skids to three-week low as US inflation data reinforces Fed pause view
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar dropped to a three-week low on Tuesday on news of the…
Stocks jump, dollar eases as inflation data suggests Fed pause
By Herbert Lash NEW YORK (Reuters) – Global shares rallied and the dollar eased on Tuesday after U.S. consumer price…
US bank shares rise on inflation data, positive Wells Fargo comments
By Manya Saini and Chibuike Oguh (Reuters) -Shares of U.S. banks rose on Tuesday after a smaller-than-expected rise in inflation…
Oil prices settle more than 3% higher after China rate cut
By Stephanie Kelly NEW YORK (Reuters) -Oil prices climbed over 3% on Tuesday on hopes for growing fuel demand after…
Tyson Foods to lay off 228 employees near Chicago who decline move to Arkansas
CHICAGO (Reuters) – Tyson Foods, which is seeking to cut costs, will lay off 228 corporate employees in Illinois who…