Cleveland Fed report says near-term inflation expectations data now key
By Michael S. Derby (Reuters) – Contrary to how many Federal Reserve officials have tended to focus on longer-run inflation…
US
Dollar gains after strong New York factory survey
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) – The dollar rose on Monday after New York state factory…
US Supreme Court weighs Slack direct listing class action
By Andrew Chung WASHINGTON (Reuters) – U.S. Supreme Court justices on Monday weighed a bid by Salesforce Inc’s Slack Technologies…
Merck to build out immunology presence with $11 billion Prometheus deal
By Michael Erman (Reuters) -Merck & Co said on Sunday it will buy Prometheus Biosciences Inc for about $10.8 billion,…
Analysis-Boeing’s latest production problem compounds operational headache for US carriers
By Rajesh Kumar Singh and Valerie Insinna CHICAGO/WASHINGTON (Reuters) – A manufacturing problem with Boeing Co’s 737 MAX jets that…
VW, Rivian, Nissan, BMW lose access to US EV tax credits
By David Shepardson (Reuters) – The U.S. Treasury said on Monday that Volkswagen, BMW, Nissan, Rivian, Hyundai and Volvo Cars…
California city can’t enforce natural gas ban, appeals court says
By Clark Mindock NEW YORK (Reuters) -Berkeley, California, cannot ban natural gas hookups in new buildings because a U.S. federal…
Oil drops 2% on higher dollar, interest rate concerns
By Stephanie Kelly NEW YORK (Reuters) -Oil prices turned lower on Monday as the U.S. dollar strengthened and as investors…
Analysis-Republican states could be hit hardest by McCarthy’s proposed spending cuts
By Andy Sullivan WASHINGTON (Reuters) – The spending-cut proposals unveiled by U.S. House of Representatives Speaker Kevin McCarthy on Monday…
EY US to slash headcount days after nixing split
(Reuters) – Ernst & Young’s U.S. arm said on Monday it was shedding 5% of its workforce, less than a…