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
U.S. weekly jobless claims rise moderately; first-quarter GDP growth revised up
WASHINGTON The number of Americans filing new claims for unemployment benefits rose moderately last week and the prior
2023-05-25 20:53
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
The US economy grew faster in the first quarter than previously reported
US economic growth in the first three months of the year was faster than previously estimated, the Commerce Department reported on Thursday.
2023-05-25 20:48
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
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
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
Citi’s $7 Billion Banamex Sale Scuttled as AMLO Intervenes
Citigroup Inc. spent 16 months preparing its Banamex unit for a sale that ultimately fizzled after meddling by
2023-05-25 19:49
The F-16 Jets Kyiv Wants Won’t Fly in Ukraine Any Time Soon
Ukraine faces a long wait before it can deploy F-16s against Russia, as US and European allies begin
2023-05-25 19:27
Turkey Holds Rate Again With Lira Feeling Heat Before Runoff
Turkey’s central bank extended its interest-rate pause for a third month as it tries to keep the lira
2023-05-25 19:22
ECB’s Guindos Says Wages, Margins Pose Upside Inflation Risk
European Central Bank Vice President Luis de Guindos said upside dangers to inflation stem from rising wages and
2023-05-25 18:57
UK household energy bills to fall in July, bringing some relief in cost-of-living crisis
Britain’s energy regulator says the typical household energy bill will come down by around $495 a year starting in July as global wholesale energy prices decline
2023-05-25 18:54