WASHINGTON (Reuters) – The U.S. Internal Revenue Service said on Friday it would delay a new rule requiring more extensive…
Elon Musk’s vow to not sell more Tesla stock fails to calm investors
(Reuters) -Tesla Inc shares hit a fresh two-year low in volatile trading on Friday as top boss Elon Musk’s promise…
Huawei reaps more patent royalties than it pays out for second straight year
By Paresh Dave OAKLAND, Calif. (Reuters) -Chinese technology giant Huawei will bring in more patent income than it pays to…
Analysis-US stock investors face recession fears as they bid good riddance to 2022
By Lewis Krauskopf NEW YORK (Reuters) – A rough year for U.S. stocks is winding down, but the market’s pain…
U.S. consumer spending, inflation rise moderately amid rate hikes
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending barely rose in November, while annual inflation increased at its slowest…
U.S. consumers’ 1-year inflation outlook drops to 18-month low – UMich
(Reuters) – U.S. consumers expect price pressures to moderate notably in the next year, with a benchmark survey on Friday…
Republican senators propose overhaul of Federal Reserve amid concerns about politics
(This Dec. 21 story has been corrected to show that the proposed bill would subject the Fed general counsel to…
Global central banks deliver historic rate hike blast in 2022
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Major central banks ramped up interest rates at the fastest pace…
Boeing slows final 787 assembly rate in South Carolina over parts delay
WASHINGTON (Reuters) – Boeing Co on Friday said it slowed production of its 787 Dreamliner in South Carolina after a…
Despite progress, Fed remains focused on inflation fight as 2023 rolls in
By Lindsay Dunsmuir (Reuters) -After a year in which a U.S. inflation surge forced the Federal Reserve to supersize its…