Declining Goods Purchases Curb U.S. Consumer Spending; Labor Market Tightening
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending barely rose in February as an increase in spending on services was…
Headlines
Dow, S&P 500 Open Lower On Last Day Of Rough Quarter
(Reuters) – The Dow and S&P 500 opened lower on Thursday as investors focused on the raging conflict in Ukraine…
Kremlin demands rubles for gas, EU leaders push back
BERLIN (AP) — Russian President Vladimir Putin insisted Thursday that the country’s natural gas must be paid for with rubles,…
S&P Global Sees Russia-Ukraine Insurance Losses Of $16-35 Billion
LONDON (Reuters) – S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the…
Analysis-“Slow-balisation”: How War, Pandemic Are Reshaping Global Trade
By Philip Blenkinsop BRUSSELS (Reuters) – Raising the drawbridge has been a response to war and pestilence throughout human history,…
More Americans apply for jobless benefits; layoffs still low
WASHINGTON (AP) — More Americans applied for unemployment benefits last week, but layoffs remain at historic lows. Jobless claims rose…
A key inflation gauge sets 40-year high as gas and food soar
WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with…
Futures Muted As Wall St Heads For Worst Quarter Since 2020
(Reuters) – U.S. stock futures were subdued on Thursday as investors focused on the raging conflict in Ukraine and the…
Pandemic propels Walgreens in 2Q but impact expected to fade
A surge in demand for COVID-19 tests and vaccines helped Walgreens deliver a better second quarter than Wall Street expected….
Global Fund Managers Turned More Defensive In March- Reuters Poll
By Tushar Goenka BENGALURU (Reuters) – Global fund managers maintained a cautious stance in March, increasing recommended bond holdings and…