UK consumers slow spending in May as rising food costs bite
By Suban Abdulla LONDON (Reuters) – British retail sales growth slowed to a seven-month low in May as soaring food…
Economy
S&P 500 ends lower as traders eye potential pause in rate hikes
By Noel Randewich and Shristi Achar A (Reuters) – The S&P 500 ended lower on Monday as investors weighed whether…
Crypto shares tumble as Binance SEC lawsuit ripples through industry
By Hannah Lang, John McCrank and Sinéad Carew (Reuters) – Cryptocurrencies and shares in crypto and blockchain-related companies tumbled on…
Star Alliance names Theo Panagiotoulias as CEO
(Reuters) – Star Alliance, one of the world’s three major airline networks, on Tuesday named Theo Panagiotoulias as its chief…
Ryman Hospitality to buy Texas-based resort from Blackstone for $800 million
(Reuters) – Blackstone Real Estate Income Trust Inc (BREIT) has agreed to sell a Texas-based resort to Ryman Hospitality Properties…
Expectations for Brazil’s long-term inflation to start easing -cenbank chief
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Monday that long-term inflation expectations, which have long…
Retailers, manufacturers urge White House to mediate in West Coast ports labor dispute
By David Shepardson and Lisa Baertlein WASHINGTON/LOS ANGELES (Reuters) -Groups representing major retailers and manufacturers urged the White House on…
Shares steady on hopes for rate-hike hiatus in June
By Lawrence White and Koh Gui Qing NEW YORK/LONDON (Reuters) – World stocks and the dollar dipped on Monday as…
Marketmind: RBA set for a ‘hawkish pause’ … again?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Reserve Bank…
US bank shares fall after Treasury debt issuance, proposed new capital requirements
By Chibuike Oguh NEW YORK (Reuters) – Shares of U.S. banks fell on Monday with some investors pointing to worries…