Marketmind: Fed Games
By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market…
Headlines
U.S. Labor Cost Growth Smallest In A Year
By Lucia Mutikani WASHINGTON (Reuters) – U.S. labor costs increased at their slowest pace in a year in the fourth…
Payments Firm PayPal To Lay Off 7% Of Its Workforce To Cut Costs
(Reuters) -PayPal Holdings Inc said on Tuesday it is planning to cut 7% of its workforce, or about 2,000 employees,…
Amazon Illegally Threatened NYC Workers Ahead Of Union Votes, Judge Finds
By Daniel Wiessner (Reuters) – Amazon.com Inc illegally threatened to withhold raises and benefits from workers at two New York…
UPS Beats Quarterly Profit Target, Poised For ‘cloudy’ 2023
By Lisa Baertlein and Shivansh Tiwary (Reuters) -United Parcel Service Inc on Tuesday said it would shelter 2023 profits from…
Exxon Smashes Western Oil Majors’ Profits With $56 Billion In 2022
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil Corp posted a $56 billion net profit for 2022, the company said…
Wall St Buoyed By Easing Inflation Concerns Ahead Of Fed Decision
By Johann M Cherian and Shreyashi Sanyal (Reuters) – Wall Street rose on Tuesday as wage growth data indicated that…
Factbox-European Companies Cut Jobs As Economy Sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…
Futures Drop As Earnings Roll In, Fed Rate Decision In Focus
By Johann M Cherian (Reuters) – U.S. stock index futures fell on Tuesday as disappointing earnings and forecasts from bellwethers…
Cryptoverse: Big Investors Edge Back To Bitcoin
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Big investors are dipping their toes into crypto waters again after…