Growth Stocks Lift Wall Street Ahead Of Fed’s Rate Decision
By Anisha Sircar and Devik Jain (Reuters) – Wall Street’s main indexes climbed more than 1% on Wednesday, boosted by…
ECB Promises New Instrument To Support Indebted Members
By Balazs Koranyi and Francesco Canepa FRANKFURT/MILAN (Reuters) -The European Central Bank promised fresh support and a new scheme on…
Russia again cuts natural gas exports thru European pipeline
BERLIN (AP) — Russia’s Gazprom announced a reduction in natural gas flows through a key European pipeline for the second…
U.S. Import Prices Increase Solidly In May
WASHINGTON (Reuters) – U.S. import prices increased solidly in May amid higher prices for petroleum products, but there were tentative…
Retail sales in May slip 0.3% amid surging inflation
NEW YORK (AP) — Americans trimmed their spending unexpectedly in May compared with a month before, underscoring how surging inflation…
US report: Nearly 400 crashes of automated tech vehicles
DETROIT (AP) — Automakers reported nearly 400 crashes over a 10-month period involving vehicles with partially automated driver-assist systems, including…
Oil Prices Stable Ahead Of Expected U.S. Interest Rate Hike
By Rowena Edwards LONDON (Reuters) -Oil prices were stable on Wednesday as the market juggled fears of tight supply with…
IKEA Plans To Sell Factories, Reduce Jobs In Latest Russia Cuts
STOCKHOLM (Reuters) – IKEA said on Wednesday it would sell factories, close offices and reduce its nearly 15,000-strong workforce in…
Emergency ECB Meeting Lifts Europe, Fed Expected To Go Big
By Marc Jones LONDON (Reuters) – European markets rallied on Wednesday as the European Central Bank held an emergency meeting…
NATO defense ministers to discuss weapons for Ukraine
BRUSSELS (AP) — NATO defense ministers attending a two-day meeting starting Wednesday will discuss beefing up weapons supplies to Ukraine,…