Germany Dodges Recession But Inflation Climbs To 11.6%
By Rachel More BERLIN (Reuters) -Germany staved off the threat of recession in the third quarter with unexpected growth but…
Headlines
U.S. Consumer Spending Beat Expectations In September; Inflation Still Rising
WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in September, while underlying inflation pressures continued to bubble, keeping…
A key US inflation gauge stayed at a high 6.2% in September
WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month,…
Futures Sink As Grim Forecasts From Amazon, Apple Fan Recession Fears
(Reuters) – U.S. stock index futures tumbled on Friday as gloomy forecasts from megacaps Amazon and Apple heightened fears that…
Oil giants rake in steep profits amid high energy prices
Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil…
Wall Street rally marks first weekly win streak since summer
Technology stocks led a broad rally on Wall Street Friday, capping another strong week for the market, as investors welcomed…
Germany sees unexpected growth in 3rd quarter; inflation up
BERLIN (AP) — The German economy grew in the third quarter, an unexpectedly positive performance powered largely by private spending,…
Elon Musk takes over Twitter but where will he go from here?
Elon Musk has taken control of Twitter after a protracted legal battle and months of uncertainty. The question now is…
Exxon’s Record-smashing Q3 Profit Nearly Matches Apple’s
By Sabrina Valle HOUSTON (Reuters) -Exxon Mobil Corp on Friday smashed expectations as soaring energy prices fuelled a record-breaking quarterly…
Signify Cuts Outlook But Sees Demand For Energy-efficient Lights
By Valentine Baldassari (Reuters) -Signify, the world’s biggest lighting maker, cut its full-year outlook on Friday, hit by lower consumer…