US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday, a slight upgrade from its initial estimate
2023-05-25 20:57
PSG's Qatari owners in talks over Sampdoria investment - source
Qatar Sports Investments, the owners of French champions Paris Saint-Germain, are in negotiations over acquiring a stake in Italian club Sampdoria, a source with knowledge of...
2023-05-25 20:53
Ramaphosa Rules Out South Africa Abandoning Neutral Stance on War in Ukraine
South Africa’s president insisted his country won’t be drawn into taking sides in the conflict between Russia and
2023-05-25 20:50
Best Buy reports declines in 1Q profits and sales as gadget spending remains weak
Best Buy reported declines in fiscal first-quarter sales and profits as the nation’s largest consumer electronics chain continues to wrestle with a consumer spending slowdown in gadgets
2023-05-25 20:50
More Americans apply for jobless benefits but labor market remains tight
U.S. applications for jobless claims rose slightly last week but remain at healthy levels as companies seem reticent to let go of employees in a tight labor market
2023-05-25 20:45
Markets suffer a debt ceiling-induced vibe shift
There are just four trading days left until the United States hits its "X" day — the ominous-sounding hard deadline for the government to raise the debt ceiling or risk defaulting on its obligations, according to the US Treasury. Investors are starting to squirm.
2023-05-25 20:24
Why China and Japan are praying the US won't default
As the clock ticks down toward an unprecedented US debt default, the world's second- and third-biggest economies are watching in fear.
2023-05-25 20:23
BOJ's Ueda says targeting shorter-duration bond yield among future options
By Leika Kihara TOKYO Bank of Japan Governor Kazuo Ueda said changing the central bank's policy target to
2023-05-25 20:20
Ralph Lauren posts surprise rise in quarterly sales on steady demand
(Reuters) -Ralph Lauren Corp reported a surprise rise in fourth-quarter revenue on Thursday, as affluent U.S. shoppers snapped up its
2023-05-25 20:15
Turkey cenbank's net forex reserves negative for first time since 2002
ANKARA The Turkish central bank's net forex reserves dropped into negative territory for the first time since 2002,
2023-05-25 20:15
Shift to clean energy accelerating, but coal investments too high, report says
The International Energy Agency says energy security concerns and policy support from rich countries are speeding up reliance on clean energy
2023-05-25 19:53
Dollar Tree cuts annual profit forecast on slowing demand
(Reuters) -Dollar Tree Inc on Thursday cut its annual profit forecast as high inflation dampens demand for higher-margin items such
2023-05-25 19:52