By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices increased less than expected in October as services fell for the…
EV battery makers race to develop cheaper cell materials, skirting China
By Nick Carey and Paul Lienert (Reuters) – U.S. and European startups are racing to develop new batteries using two…
GM’s North American battery supply chain is key to EV profits
DETROIT (Reuters) – General Motors Co plans to add more links to its North American battery supply chain, adding to…
Fed’s tighter monetary policy hasn’t dented inflation yet, Bostic says
By Ann Saphir (Reuters) -Atlanta Federal Reserve President Raphael Bostic said on Tuesday he sees little evidence that the U.S.…
Hormel meat labeling case shows U.S. rules need reform -advocates
By Leah Douglas (Reuters) – Hormel Foods’ labeling of a meat product line as “natural” despite using the same hogs…
Slowed producer prices another plus for Fed’s inflation fight
By Howard Schneider WASHINGTON (Reuters) – Prices paid by U.S. businesses rose less than expected in October with some key…
Fed’s Harker: better to pause rate hikes at the right time than risk overtightening
(Reuters) – The Federal Reserve should pause its interest rate hikes once its policy rate is at a sufficiently restrictive…
Oct PPI adds to relief over cooling US inflation
NEW YORK (Reuters) – U.S. producer prices increased less than expected in October, further evidence that inflation was starting to…
Fed focused on addressing ‘much too high’ inflation: Cook
By Ann Saphir (Reuters) – Federal Reserve Governor Lisa Cook on Tuesday said the U.S. central bank is focused on…
G20 leaders see deteriorating debt issues in some middle-income countries – draft
By Andrea Shalal WASHINGTON (Reuters) – Leaders of the Group of 20 major economies will express concern about the “deteriorating…