Costco taps operation chief Vachris as next CEO
Costco Wholesale said on Wednesday CEO Craig Jelinek would step down from his role by the end of
2023-10-19 04:48
US wholesale inflation heated up last month amid higher gas prices
Wholesale price increases of US goods and services jumped higher for a third consecutive month, a sign that inflation's path downward remains a bumpy one, according to data released Wednesday by the Bureau of Labor Statistics.
2023-10-11 20:48
Costco tops quarterly revenue, profit estimates on steady grocery demand
By Deborah Mary Sophia (Reuters) -Costco Wholesale topped market estimates for quarterly revenue and profit on Tuesday as consumers flocked
2023-09-27 06:49
More Chinese seek bargains at Beijing market as confidence in economy wanes
By Liangping Gao and Marius Zaharia BEIJING/HONG KONG Amy Zhang used to buy branded fashion from shopping malls,
2023-09-11 13:56
Biden administration proposes rule aimed at curbing the 'gun show loophole'
The Biden administration on Thursday proposed rules intended to require people selling firearms at gun shows and on the internet to conduct background checks on potential buyers, in an effort to curb the so-called gun show loophole.
2023-09-01 06:29
BOJ Ueda says China's slowdown adds to economic uncertainty
TOKYO Bank of Japan Governor Kazuo Ueda said the pace of economic activity in China has been a
2023-08-28 18:29
Post-pandemic, world facing gloomy stew of debt, trade wars and poor productivity
By Howard Schneider JACKSON HOLE, Wyoming Record levels of government debt, geopolitical tensions that threaten to split the
2023-08-28 18:15
BoE's Broadbent: Rates may have to stay high 'for some time yet'
JACKSON HOLE, Wyoming Bank of England Deputy Governor Ben Broadbent said on Saturday that interest rates in Britain
2023-08-27 01:19
Fed's Mester sees another rate hike, says rate cuts may have to wait
By Ann Saphir and Howard Schneider JACKSON HOLE, WYOMING Beating inflation will probably require one more U.S. interest-rate
2023-08-27 00:27
No real fix to the sharp rise in public debt loads, economists say
By Ann Saphir Jackson Hole, Wyoming The steep jump in public debt loads over the past decade and
2023-08-26 23:25
Trump, Biden policies shifted trade from China at a cost, study shows
By Howard Schneider JACKSON HOLE, Wyoming U.S. trade has shifted away from China due to policies enacted by
2023-08-26 22:25
Analysis-Powell's 'higher for longer' mantra fans investor caution over economy
By Davide Barbuscia and David Randall NEW YORK Federal Reserve Chair Jerome Powell on Friday did little to
2023-08-26 03:20