WASHINGTON(Reuters) – U.S. construction spending fell in October, pulled down by continued weakness in single-family homebuilding amid higher mortgage rates.…
U.S. manufacturing sector contracts in November – ISM
WASHINGTON (Reuters) – U.S. manufacturing activity contracted for the first time in 2-1/2 years in November as higher borrowing costs…
BlackRock Investment Institute says not chasing post-Powell rally
LONDON (Reuters) – BlackRock Investment Institute’s (BII) global chief investment strategist said on Thursday the asset manager was not “chasing”…
Salesforce shares tumble after surprise exit of co-CEO Taylor
(Reuters) -Shares of Salesforce Inc fell about 10% on Thursday after co-CEO Bret Taylor’s sudden exit caught Wall Street off…
Reuters poll: BoC to keep up pace with 50 basis point December rate hike -economists
By Indradip Ghosh BENGALURU (Reuters) – The Bank of Canada will hike its key interest rate by another 50 basis…
Dollar General cuts annual profit view as costs surge
(Reuters) -Dollar General Corp cut its annual profit forecast on Thursday after it missed estimates for quarterly earnings, signaling rampant…
Musk set to finally take wraps off Tesla truck – to tough crowd
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla is set to unveil on Thursday its long-delayed Semi, a 18-wheeler heavy…
In Peru’s hills, an artisanal miner boom frustrates Big Copper’s plans
By Marco Aquino and Marcelo Rochabrun TAPAIRIHUA, Peru (Reuters) – In the hills of Tapairihua in Peru’s Andes, Samuel Retamozo…
Ford to boost EV parts investment for UK plant by $180 million
By Nick Carey HALEWOOD, England (Reuters) -Ford Motor Co will invest an extra 149 million pounds ($180 million) to boost…
VW eyes Canada in search for first North America cell plant – source
BERLIN (Reuters) – Volkswagen and its battery subsidiary PowerCo SE have begun searching for a site for the carmaker’s first…