(Reuters) – The United States is seeing initial signs of progress in tackling inflation, President Joe Biden said after U.S.…
REUTERS NEXT: IMF chief sees higher chance of global growth below 2% in 2023
By Andrea Shalal and David Lawder NEW YORK (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday…
BMW invests in low carbon copper firm Jetti
By Eric Onstad LONDON (Reuters) – German carmaker BMW has invested in Jetti Resources, which has technology to extract more…
U.S. construction spending falls in October on single family housing
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…