Instant View: US consumer spending edges up in May; inflation still high
(Reuters) – U.S. consumer spending slowed sharply in May, but persistently strong underlying inflation pressures could compel the Federal Reserve…
US
Fed’s path to more tightening a little less sure after inflation data
(Reuters) – The Federal Reserve is seen slightly less locked in to a July interest rate hike, traders bet on…
Joby receives FAA nod to begin flight testing of electric air taxi
(This June 28 story has been corrected to add that Archer received certification to conduct flight testing of its demonstrator…
Russia will emerge stronger after mutiny so no need to fret – foreign minister
By Guy Faulconbridge MOSCOW (Reuters) -Russia will emerge stronger after a failed mutiny by Wagner Group mercenaries so the West…
Dutch curb chip equipment exports, drawing Chinese ire
By Toby Sterling AMSTERDAM (Reuters) -The Dutch government on Friday announced new restrictions on exports of some semiconductor equipment, boosting…
Constellation Brands results top estimates on strong Modelo Especial sales
(Reuters) – Constellation Brands first-quarter results topped Wall Street expectations on Friday, as the Corona beer maker benefited from higher…
Private equity firm Apollo makes $1.33 billion bid for Spain’s Applus
MADRID (Reuters) -U.S. buyout firm Apollo made a cash bid for Applus Services on Friday which values the Spanish industrial…
Ford finds international investor for German plant in Saarlouis
HAMBURG (Reuters) – Ford has found what it described as a major international investor for the U.S. carmaker’s German plant…
New legal battles await colleges after US Supreme Court’s affirmative action ruling
By Joseph Ax, Daniel Wiessner and Tom Hals (Reuters) – The Supreme Court’s decision on Thursday barring race-conscious admissions policies…
Trump, DeSantis allies drive a 2024 election spending spree
By Jason Lange and Nathan Layne WASHINGTON (Reuters) – Two groups allied with former President Donald Trump and Florida Governor…