Weekly US applications for jobless benefits slide to lowest level in 5 months
The number of Americans applying for jobless benefits slid last week to its lowest level in five months, further evidence that the U.S. labor market continues to defy the Federal Reserve’s attempts to cool it off
2023-07-27 20:45
Labcorp cuts 2023 profit forecast on drug development woes
Laboratory Corp of America Holdings cut its annual profit forecast on Thursday, as the clinical lab operator grapples
2023-07-27 20:45
Grimace shakes help send McDonald's sales surging
When McDonald's introduced a limited-edition purple shake in honor of Grimace's birthday, it probably didn't expect the item to go viral on TikTok quite like it did: With TikTokers showing themselves sipping the dessert drink and then, soon after, writhing in mock pain or playing dead.
2023-07-27 20:28
European Central Bank hikes rates to highest level since 2000
The European Central Bank raised interest rates by a quarter of a percentage point Thursday, judging that inflation remains too high even as data points to a deepening economic downturn in the 20 countries that use the euro.
2023-07-27 20:28
Elizabeth Warren and Lindsey Graham want a new agency to regulate tech
Two US senators are calling for the creation of a new federal agency to regulate tech companies such as Amazon, Google and Meta, in the latest push by members of Congress to clamp down on Big Tech.
2023-07-27 20:18
Analysts trim gold outlook in absence of fresh spur: Reuters poll
By Ashitha Shivaprasad Analysts slightly lowered their gold forecasts for this year on the grounds zero-yield bullion would
2023-07-27 20:16
US gas prices climb to an eight-month high
Gas prices have suddenly jolted higher, as excessive heat and production caps have hurt supply.
2023-07-27 19:56
Southwest Airlines made $683 million in Q2, as a hectic summer travel season led to record revenue
Southwest Airlines is reporting a $683 million profit for the second quarter, and revenue is a quarterly record as planes are packed during the peak summer travel season
2023-07-27 19:55
Wall Street suddenly appears confident America will avoid a recession
Cyclical stocks that tend to rise and fall with the economy are rallying, the latest sign that investors are becoming more optimistic about the possibility of a "soft landing," i.e. no recession.
2023-07-27 19:51
Honeywell posts better-than-expected profit on aviation boost, lifts forecast
Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and slightly raised its full-year forecasts on Thursday,
2023-07-27 19:50
Adani Lenders Weigh Up to $750 Million Loan for Ambuja Debt
Barclays Plc, Deutsche Bank AG and Standard Chartered Plc are in talks to lend between $600 million and
2023-07-27 19:29
Microsoft Teams Faces EU Antitrust Probe in Salesforce Clash
Microsoft Corp. faces a European Union probe over concerns it’s driving out competition by unfairly bundling its Teams
2023-07-27 19:28