By David Shepardson WASHINGTON (Reuters) -Senior leaders at the Federal Aviation Administration (FAA) and Commerce Department’s telecommunications unit met to…
Prudential Financial third-quarter profit falls as market rout hits AUM
(Reuters) – Prudential Financial Inc on Tuesday reported a fall in quarterly adjusted profit as the insurer’s assets under management…
Explainer-Several parts of the U.S. yield curve are inverted: what does it tell us?
By Davide Barbuscia and David Randall NEW YORK (Reuters) – As the market widely anticipates the U.S. Federal Reserve to…
Eli Lilly’s dismal annual forecast overshadows quarterly beat
(Reuters) -Eli Lilly and Co on Tuesday forecast its annual profit and revenue below estimates, as a stronger dollar piled…
RBNZ says global financial stress will test New Zealand’s financial resilience
By Lucy Craymer WELLINGTON (Reuters) -The Reserve Bank of New Zealand said on Wednesday the country’s financial system is as…
Ohio sues Dollar General for baiting shoppers with deceptive pricing
By Jonathan Stempel (Reuters) -Dollar General Corp, one of the largest U.S. discount retailers, was sued on Tuesday by Ohio,…
Wall Street stocks ease; investors weigh chance of Fed rate hike slowdown
By Caroline Valetkevitch NEW YORK (Reuters) – Wall Street stocks fell on Tuesday while Treasury yields dipped as investors speculated…
ECB could start shrinking debt pile from start of 2023, Nagel says
FRANKFURT (Reuters) -The European Central Bank should start shrinking its oversized pile of government debt at the start of next…
Marketmind: Full steam a-Fed
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever Some of the…
Baby formula maker Perrigo buying Nestle’s Good Start brand, Wisconsin plant
By Jessica DiNapoli NEW YORK (Reuters) – Infant formula manufacturer Perrigo Company Plc said on Tuesday it is buying the…