Fed’s Hopes For Low Inflation And Lots Of Jobs May Fall Flat, Economists Say
By Howard Schneider New York (Reuters) -When the Federal Reserve tacked to a new brand of monetary policy 18 months…
Fed officials push back on rapid interest rate hikes
NEW YORK (AP) — The Federal Reserve should start raising interest rates next month to help rein in too-high inflation,…
Intel’s New Chip Plans Could Turn Rival AMD’s Fortunes – Analysts
By Chavi Mehta and Nivedita Balu (Reuters) – Intel Corp’s latest focus on making chips to meet rising demand will…
Oil Extends Losses As Heads For Weekly Fall On Iranian Oil Hopes
By Laura Sanicola (Reuters) -Oil prices extended losses on Friday and were heading for a weekly fall as the prospect…
U.S. Existing Home Sales Surge; Investors Pushing Out First-time Buyers
By Lucia Mutikani WASHINGTON(Reuters) -U.S. home sales unexpectedly increased in January, but investors paying in cash are squeezing out first-time…
Medtronic’s Heart Device Unit May Ease Earnings Pressure From Omicron
By Amruta Khandekar (Reuters) – Steady sales of pacemakers and heart stents may have likely helped Medtronic Plc offset weak…
GE Warns Of Profit Hit In First Half From Supply And Labor Issues
CHICAGO (Reuters) -General Electric Co warned on Friday that a supply chain logjam coupled with a labor crunch and inflation…
Germany’s Ottobock To Wait Until September To List Amid Choppy Markets – Sources
By Emma-Victoria Farr and Alexander Hübner (Reuters) – German artificial limb maker Ottobock is waiting until September to launch its…
January home sales rise ahead of expected rate hikes
LOS ANGELES (AP) — Sales of previously occupied homes rose in January as a surge in buyers with cash and…
Lufthansa Takes Compulsory Pilot Redundancies Off The Table
BERLIN (Reuters) – Lufthansa will not impose compulsory job cuts, the German airline said on Friday, as it cuts costs…