From Burgers To Gadgets, Stressed Consumers Buy Cheap
By Hilary Russ and Richa Naidu NEW YORK/LONDON (Reuters) -Some global consumers are showing signs of cracking, as shoppers stressed…
Reuters
Central Banks Must Resist Urge To Back Off Inflation Fight – IMF Economist
By David Lawder WASHINGTON (Reuters) – Global central banks may get “antsy” about the swiftness of economic pain brought on…
Credit Suisse Expected To Announce Koerner As CEO, Replacing Gottstein – Sources
(Reuters) – Credit Suisse Group AG is expected to announce Ulrich Koerner as its new chief executive officer, replacing Thomas…
Stocks Fall, Bonds Rise As Investors Seek Safety
By Sinéad Carew NEW YORK (Reuters) – Wall Street equities fell and U.S. Treasuries rallied on Tuesday a day before…
No, We’re Not In A Recession, Biden Administration Tells U.S. Voters
By Trevor Hunnicutt WASHINGTON (Reuters) – The U.S. economy is plagued by inflation and suffering from fallout from Russia’s war…
Credit Suisse CEO Thomas Gottstein Set To Depart – WSJ
(Reuters) -Credit Suisse Group AG is set to announce the departure of Chief Executive Officer Thomas Gottstein, the Wall Street…
Hyundai To Pay $19.2 Million For Widespread Credit-reporting Failures – U.S. Regulator
By Jonathan Stempel (Reuters) – A U.S. regulator has ordered a Hyundai Motor Co affiliate to pay $19.2 million for…
Asian Investors Bet On Haifa As Israel Draws Closer To Arab Gulf
By Ari Rabinovitch and Jonathan Saul HAIFA, Israel (Reuters) – The city of Haifa is set to become an increasingly…
Michelin’s Half-year Sales Rise But Russia Exit Hits Net Profit
(Reuters) – French tyre maker Michelin on Tuesday posted half-year sales up 18.7%, in line with analysts’ consensus estimate, but…
U.S. New Home Sales Drop To Two-year Low In June
WASHINGTON (Reuters) – Sales of new U.S. single-family homes dropped to their lowest level in just over two years in…