Uber’s Expected $5 Billion 2024 Operating Profit Falls Short Of View, Shares Drop
By Tina Bellon and Nivedita Balu (Reuters) -Uber Technologies Inc on Thursday said it would report around $5 billion in…
Investors Gird For More Hawkish Fed After Sharp Inflation Rise
By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK (Reuters) – Investors were bracing for more market volatility after…
EXPLAINER: Why US inflation is so high, and when it may ease
WASHINGTON (AP) — Last year, it was a nasty surprise. And it wasn’t supposed to last. But now, inflation has…
Manulife Says Higher Premiums Can Offset Expected Inflation Jump
By Nichola Saminather TORONTO (Reuters) – Manulife Financial Corp sees the higher inflation and interest rates expected this year as…
Biden Says Consumer Inflation Report Shows Budgets Of Americans Are ‘being Stretched’
(Reuters) – U.S. President Joe Biden said the January consumer price index report issued on Thursday was a reminder that…
U.S. Consumer Prices Post Largest Annual Gain In 40 Years; Weekly Jobless Claims Fall
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer prices rose solidly in January, leading to the biggest annual increase in inflation…
3 million plaintiffs seek $1.2B from California health firm
SACRAMENTO, Calif. (AP) — A lawsuit over high health care bills filed on behalf of more than 3 million employers…
Pandemic-era Darling Delivery Hero’s Shares Punished As Earnings Disappoint
By Danilo Masoni and Linda Pasquini (Reuters) -Delivery Hero saw almost a third of its market value wiped out on…
Euro Zone Inflation Doesn’t Require Significant Policy Tightening, ECB’s Lane Says
FRANKFURT (Reuters) – Euro zone inflation will return to trend without significant policy tightening by the European Central Bank as…
Jobless claims fall again for third straight week
WASHINGTON (AP) — The number of Americans applying for unemployment benefits declined for the third straight week. Jobless claims fell…