(Reuters) – The Federal Reserve will take its benchmark policy rate above 5% by March and keep it there for…
Under Armour cuts forecasts on weak demand, higher discounts
(Reuters) -Under Armour Inc cut its annual revenue and profit forecasts on Thursday amid weakening demand for sporting goods and…
U.S. is not in recession, White House not preparing for one – officials
WASHINGTON (Reuters) -The United States is not in a recession, White House chief of staff Ron Klain said on Thursday,…
U.S. factory orders rise moderately in September
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased moderately in September as a surge in bookings for civilian aircraft…
Aircraft lessor AerCap raises earnings outlook on growing demand
By Conor Humphries DUBLIN (Reuters) -The world’s top aircraft lessor AerCap on Thursday raised its earnings outlook for the year,…
U.S. labor market resilience persists; productivity remains weak
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, suggesting…
Bombardier’s loss narrows on strong demand for business jets
By Allison Lampert and Abhijith Ganapavaram (Reuters) – Bombardier Inc on Thursday reported a smaller adjusted loss in the third…
Thousands rally in Spain to demand pay hikes amid high inflation
By Marco Trujillo MADRID (Reuters) – Thousands of Spaniards packed Madrid’s landmark Plaza Mayor square on Thursday to demand higher…
U.S. service sector slows in October; price pressures build up – ISM survey
WASHINGTON (Reuters) – The U.S. services industry grew at its slowest pace in nearly 2-1/2 years in October, but businesses…
Royal Caribbean forecasts loss bigger than estimates as fuel costs soar
(Reuters) -Royal Caribbean Group on Thursday forecast current-quarter loss bigger than estimates, blaming higher fuel costs and a stronger dollar…