US inflation below 5% for first time in two years
Prices rose 4.9% over the 12 months to April, the latest figures show.
1970-01-01 08:00
Annual inflation cooled off slightly in April
Annual inflation continued its slow-but-steady deceleration in April, according to the latest Consumer Price Index released Wednesday.
1970-01-01 08:00
US airline passengers are getting increasingly frustrated. Here's why
North American travelers are unhappy with high ticket prices, staffing shortages and reduced routes, according to consumer research company J.D. Power's 2023 North American Airline Satisfaction Study.
1970-01-01 08:00
U.S. prosecutors look at short selling in bank shares - source
By Chris Prentice NEW YORK Federal prosecutors in Washington are looking into short seller activity around the recent
1970-01-01 08:00
The Fed would look 'silly' if it declares victory over inflation now, warns billionaire investor David Rubenstein
Wall Street is betting the Federal Reserve will reverse course and begin slashing interest rates as soon as this summer. Billionaire David Rubenstein is warning that would be a mistake.
1970-01-01 08:00
Egypt's headline inflation slows to 30.6% in April
CAIRO Egypt's annual urban consumer inflation in April slowed to 30.6% from 32.7% in March, data from the
1970-01-01 08:00
Automakers say proposed US emissions rules pose challenges
By David Shepardson WASHINGTON (Reuters) -An auto trade group warned on Tuesday that aggressive U.S. targets for reductions in vehicle
1970-01-01 08:00
Steve Schwarzman Holds Off Giving Money to DeSantis After Meeting Him
Steve Schwarzman will hold off donating money to Ron DeSantis for now, after a meeting with the expected
1970-01-01 08:00
Winn-Dixie sanctioned in Keurig US antitrust case
By Mike Scarcella A U.S. magistrate judge said food retailer Winn-Dixie Stores Inc should be punished for failing
1970-01-01 08:00
PacWest Resumes Slide as Battered Regional Bank Stocks Fall
PacWest Bancorp shares fell on Tuesday, leading some peers lower in early trading as the hard-hit regional bank
1970-01-01 08:00
Fox posts a loss because of its Dominion settlement
Fox Corp. posted a loss in the most recent quarter after it paid a $787.5 million settlement to Dominion Voting Systems.
1970-01-01 08:00
PacWest, Western Alliance lead slide in regional bank stocks
Shares of regional lenders PacWest Bancorp and Western Alliance resumed their slide in premarket trading on Tuesday as
1970-01-01 08:00