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This month

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Wall St slips after big bank earnings

Wall Street's main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.…
oann
2024-04-12 17:09

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S&P, Nasdaq rise as fresh inflation data allays rate fears

A Labor Department report showed the PPI for final demand rose 0.2% in March, against forecasts of a 0.3% increase.…
oann
2024-04-11 17:13

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US consumer prices accelerate; seen delaying Fed rate cut

U.S. consumer prices increased more than expected in March as Americans paid more for gasoline and rental housing.…
oann
2024-04-10 17:03

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US small-business sentiment slides to lowest level in more than 11 years

NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.…
oann
2024-04-09 17:43

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S&P 500, Nasdaq choppy as higher bond yields weigh

U.S. stocks recorded weekly losses on Friday as traders scaled back expectations on the timing of rate cuts.…
oann
2024-04-08 17:57

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US job growth blows past expectations; unemployment rate falls to 3.8%

U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.…
oann
2024-04-05 17:43
March 2024

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Rich Americans keep high-end RV company rolling along

Most U.S. RVs aim to satisfy the wanderlust of largely middle-income customers.…
oann
1
2024-03-18 16:51

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US equity funds attract inflows for third week in a row

U.S. equity funds drew inflows for a third consecutive week with investors clinging to hopes of rate cuts this year.…
oann
1
2024-03-15 16:16

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US retail sales miss expectations; producer prices accelerate

Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.…
oann
1
2024-03-14 16:15

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Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift

Toyota Motor agreed to give factory workers their biggest pay increase in 25 years.…
oann
1
2024-03-13 16:51

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New Zealand to seize black boxes from LATAM Boeing 787 as passengers recount incident

New Zealand's Transport Accident Investigation Commission said on Tuesday it was seizing the cockpit voice recorder and flight data recorder.…
oann
2
2024-03-12 17:31

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Fed to start rate cuts in June; risk fewer delivered this year

The U.S. Federal Reserve will cut its key interest rate in June, according to a stronger majority of economists in the latest Reuters poll.…
oann
1
2024-03-11 18:15
February 2024

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Markets underestimate risk of inflation re-accelerating, says PIMCO

Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.…
oann
2
2024-02-21 18:06

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Capital One to buy Discover Financial in $35.3 billion all-stock deal

Capital One plans to acquire Discover Financial Services to create a global payments giant.…
oann
2
2024-02-20 16:58

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Nike to cut about 2% jobs to lower costs as demand weakens

Nike will cut more than 1,600 jobs to lower expenses as demand for its shoes comes under pressure.…
oann
2
2024-02-16 17:22

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US retail sales tumble in January; weekly jobless claims fall

Economists cautioned the decline may be due to winter storms and technical factors.…
oann
1
2024-02-15 17:39

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Uber, Lyft drivers strike across US, demanding fairer pay

Drivers for Uber, Lyft and delivery workers for DoorDash were staging a strike seeking fair pay and better treatment.…
oann
2
2024-02-14 21:29

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Flight attendants join hands to picket outside 30 airports for better pay

Thousands of flight attendants across three labor unions will picket outside airports in the U.S., the UK and Guam.…
oann
1
2024-02-13 17:24

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Exclusive: Citi hit by new Fed rebuke, setbacks on consent orders

U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.…
oann
1
2024-02-12 18:09

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Insight: How production pressures plunged Boeing into yet another crisis

Snags have triggered soul-searching about quality controls and plunged Boeing into its second safety crisis in five years.…
oann
2024-02-09 16:06

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US weekly jobless claims fall slightly more than expected

The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.…
oann
1
2024-02-08 17:28

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Sports streaming platform including Disney, Fox to cost above $40/month – CNBC

The joint sports streaming platform of Fox, ESPN and Warner Bros Discovery is expected to be priced at above $40/month.…
oann
1
2024-02-07 18:36

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Honda recalls 750,000 US vehicles over air bag defect

Honda said it was recalling 750,000 vehicles over a defect involving air bags which could deploy unintentionally during a crash.…
oann
1
2024-02-06 17:04

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New quality glitch to delay some Boeing 737 MAX deliveries

Boeing said it will have to do more work on about 50 undelivered 737 MAX airplanes after its supplier discovered two mis-drilled holes on some fuselages.…
oann
2
2024-02-05 18:46

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US labor market sizzles; delivers large job and wage gains

U.S. job growth accelerated in January and wages increased by the most in nearly two years.…
oann
2
2024-02-02 16:58
January 2024

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FAA steps up scrutiny of Boeing with calls for checks on another 737 model

The FAA has recommended that airlines operating Boeing 737-900ER jets inspect door plugs.…
oann
2
2024-01-22 18:27

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Atlas Air’s Boeing cargo plane makes emergency landing after engine malfunction

A cargo plane with five crew members made an emergency landing in Miami after facing an engine malfunction shortly after departure.…
oann
1
2024-01-19 17:01

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Wall Street ends down as US retail sales data crimps rate cut bets

Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.…
oann
1
2024-01-17 22:51

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