Producer prices surge 11.2% in March on higher energy costs
WASHINGTON (AP) — The surging cost of energy pushed wholesale prices up a record 11.2% last month from a year…
S&P 500, Dow Set For Muted Open As JPMorgan, Inflation Data Weigh
By Bansari Mayur Kamdar and Praveen Paramasivam (Reuters) -The S&P 500 and the Dow were set for a subdued open…
U.S. Producer Prices Increase More Than Expected In March
WASHINGTON (Reuters) – U.S. producer prices increased more than expected in March amid a surge in demand for services, suggesting…
General Atlantic Hires Ex-IHS Markit Boss Uggla To Lead Climate Venture
LONDON (Reuters) – U.S. private equity firm General Atlantic on Wednesday named Lance Uggla, former boss of data company IHS…
JPMorgan profits drop 42%, bank writes down Russian assets
NEW YORK (AP) — JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the…
Japanese Yen Falls To 20-year Low As Dollar Outlook Bright
By Saikat Chatterjee LONDON (Reuters) – The Japanese yen weakened past the 126 yen per dollar mark on Wednesday for…
Nexo And Mastercard Launch ‘world First’ Crypto-backed Payment Card
LONDON (Reuters) – Crypto lender Nexo said it has teamed up with global payments company Mastercard to launch on Wednesday…
UK inflation rises at the fastest pace in 30 years
LONDON (AP) — British consumer prices rose at the fastest pace in 30 years last month, fueled by soaring costs…
Delta Sees Return To Profit As Consumer Travel Demand Hits ‘historic’ Levels
By Rajesh Kumar Singh CHICAGO (Reuters) – Delta Air Lines Inc on Wednesday reported a quarterly loss, but forecast a…
Delta loses $940 million in Q1, but bookings, revenue, surge
Delta Air Lines lost $940 million in the first quarter, hurt by a rise in fuel prices, but bookings surged…