Wall St Slips As Bond Yields Surge, BofA Gains On Strong Earnings
By Bansari Mayur Kamdar and Sruthi Shankar (Reuters) -U.S. stocks fell on Monday as bond yields surged to three-year highs…
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U.S. CEO Pay Soars 31% On Stock And Cash Awards, Study Finds
By Ross Kerber BOSTON (Reuters) – Median pay for top U.S. CEOs rose 31% last year to a record $20…
Shareholders await Musk’s next move in Twitter takeover bid
DETROIT (AP) — Twitter has dropped a major roadblock in front of Elon Musk’s effort to take over the company,…
Home Prices Seen Rising, Renters See Purchase Prospects Fade: NY Fed Survey
(Reuters) – U.S. households expect home prices and rents to rise sharply this year, and while growth in both are…
J&J Settles West Virginia Opioid Litigation For $99 Million
By Dietrich Knauth (Reuters) -Johnson & Johnson said on Monday it agreed to pay $99 million to settle claims by…
German bosses, unions jointly oppose boycott of Russian gas
BERLIN (AP) — Germany’s employers and unions have joined together in opposing an immediate European Union ban on natural gas…
World Bank Says War To Cut Global Growth, Boosts Financing Target
By David Lawder and Andrea Shalal WASHINGTON (Reuters) -The World Bank is reducing its global growth forecast for 2022 by…
Soaring Interest Rates Weigh On Big Bank Mortgage Loan Growth
By Michelle Price and Elizabeth Dilts Marshall WASHINGTON (Reuters) – With soaring interest rates scaring off would-be mortgage borrowers, the…
Justices reject states’ appeal over cap on tax deductibility
WASHINGTON (AP) — The Supreme Court on Monday rejected a challenge from New York, New Jersey, Connecticut and Maryland to…
Verizon Raises Minimum Wage To $20 An Hour For U.S Employees
(Reuters) – U.S. wireless carrier Verizon Communications Inc said on Monday it would raise the minimum wage of its new…