By Douglas Gillison and Pete Schroeder WASHINGTON (Reuters) – Former pro US basketball star Paul Pierce has agreed to pay…
More Fed policymakers point to higher rates in inflation fight
By Lindsay Dunsmuir and Howard Schneider (Reuters) -Two Federal Reserve officials on Friday added to a chorus of U.S. central…
Russia’s central bank says falling rouble driving inflation higher
(Reuters) – Russia’s central bank said on Friday that inflationary pressures across the economy had remained strong during the first…
Factbox-How the EU ban on Russian crude affects oil flows
(Reuters) – Russian crude oil exports to the European Union slipped to around 600,000 barrels per day (bpd) in January…
Barkin: Not much signal in recent elevated jobs, retail numbers
ROSSLYN, Va. (Reuters) – The unexpectedly strong January jobs report and retail sales may have been influenced by seasonal factors,…
U.S. import prices fall in January; annual increase smallest in two years
By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices dropped for a seventh straight month in January amid declining costs…
Hawkish ECB comments push up rate-hike expectations
By Leigh Thomas and Francesco Canepa PARIS/FRANKFURT (Reuters) – European Central Bank interest rates still have some way to rise,…
Air Canada to return to 2019 capacity next year but faces cost pressures
(Reuters) -Air Canada said on Friday it would return to 2019 capacity levels next year on strong travel demand, after…
Fed’s Barkin: Labor shortages may persist
ROSSLYN, Va (Reuters) – The labor shortages bedeviling U.S. businesses are unlikely to be resolved quickly or easily, Richmond Federal…
Tech giants from Google to TikTok face tougher EU rules
By Foo Yun Chee BRUSSELS (Reuters) -Tech giants including Facebook, Google, Twitter and TikTok face stricter online content rules in…