By Liangping Gao and Ryan Woo BEIJING (Reuters) -China’s industrial profits fell in March and slowed gains for the quarter compared to the first two months, official data showed on…
Economy News
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(Reuters) – A U.S. Federal Reserve meeting and Apple and Amazon (NASDAQ:AMZN) reporting results will keep investors’ focus in the days ahead on the global rates outlook and on tech…
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By Chibuike Oguh NEW YORK (Reuters) -U.S. stocks closed higher on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet (NASDAQ:GOOGL) and…
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By Nate Raymond (Reuters) – A former McKinsey & Co partner sued the global consulting firm on Friday and accused it of defaming him and making him a “scapegoat” to…
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(This April 24 story has been corrected to clarify that the bank spokesperson was referring to previous remarks by the CEO Joe Otting, in paragraph 12) By Niket Nishant and…
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By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Global stocks were higher on Friday as Big Tech gains lifted Wall Street shares, while Japan’s yen sank to a 34-year…
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar surged to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs…
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By Lucia Mutikani WASHINGTON (Reuters) – U.S. monthly inflation rose moderately in March, but stubbornly higher costs for housing and utilities suggested the Federal Reserve could keep interest rates elevated…
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(Reuters) – Donald Trump’s allies are reported to be drafting proposals to erode the Federal Reserve’s independence if the presumptive Republican presidential nominee regains the White House, with installing loyalists…
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WASHINGTON (Reuters) – U.S. and South Korean officials outlined respective visions for a new agreement on sharing the cost of keeping American troops in South Korea in talks this week…