Category: Economy
G7 tightens Russia sanctions, looks to cut China trade reliance
By Katya Golubkova and John Irish HIROSHIMA, Japan (Reuters) -Leaders of the world’s richest democracies acted on Friday to stiffen…
Wall St slips on debt ceiling uncertainty
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed out the trading week on a soft note on Friday…
Artificial intelligence gives real boost to U.S. stock market
By Lewis Krauskopf NEW YORK (Reuters) – Recent advances in artificial intelligence are fueling optimism over how businesses can operate…
JPMorgan investors to scrutinize First Republic takeover
By Nupur Anand NEW YORK (Reuters) -As JPMorgan Chase & Co CEO Jamie Dimon prepares to take the stage for…
Fed’s hawks make a pitch against a rate-hike pause
(Reuters) – U.S. inflation does not look like it is cooling fast enough to allow the Federal Reserve to hit…
As household budgets tighten, big brands double down in dollar stores
By Jessica DiNapoli NEW YORK (Reuters) – Makers of brand-name household basics like Dunkin’ coffee and Schick razors are bulking…
Wall Street closes lower after Home Depot outlook, US retail sales
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock indexes closed lower on Tuesday after a disappointing forecast from Home…