More Americans apply for jobless benefits; layoffs still low
WASHINGTON (AP) — More Americans applied for unemployment benefits last week, but layoffs remain at historic lows. Jobless claims rose…
A key inflation gauge sets 40-year high as gas and food soar
WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve jumped 6.4% in February compared with…
Futures Muted As Wall St Heads For Worst Quarter Since 2020
(Reuters) – U.S. stock futures were subdued on Thursday as investors focused on the raging conflict in Ukraine and the…
Pandemic propels Walgreens in 2Q but impact expected to fade
A surge in demand for COVID-19 tests and vaccines helped Walgreens deliver a better second quarter than Wall Street expected….
Global Fund Managers Turned More Defensive In March- Reuters Poll
By Tushar Goenka BENGALURU (Reuters) – Global fund managers maintained a cautious stance in March, increasing recommended bond holdings and…
Euro Dips Amid Caution Over Ukraine, Norwegian Crown Plunges
By Stefano Rebaudo (Reuters) -The euro edged lower on Thursday on caution about developments in Ukraine and limited progress in…
OPEC sticks to modest boost in oil despite war jitters
LONDON (AP) — OPEC and allied oil producers including Russia decided Thursday to stick to a modest increase in the…
EU Regulators Look To Streamline Antitrust Rules
By Foo Yun Chee BRUSSELS (Reuters) – Regulators are looking to update rules, which target companies abusing their market power…
Moody’s Withdraws All Credit Ratings On Russian Entities
(Reuters) – Moody’s said on Thursday it has withdrawn all ratings on Russia and its rated Russian sub-sovereign entities. The…
Tesla Extends Shanghai Plant Suspension Amid Lockdown -internal Notice
SHANGHAI (Reuters) – Tesla is extending a production halt at its Shanghai factory for at least one day, an internal…