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WASHINGTON, June 30 (Reuters) - New U.S. data for May showed little immediate relief from the record pace of inflation pushing the Federal Reserve toward another oversized interest rate hike…
June 30 (Reuters) - Facebook owner Meta Platforms Inc (META.O) has cut its plans to hire engineers by at least 30% this year, CEO Mark Zuckerberg told employees on Thursday.…
Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany March 22, 2022. Patrick Pleul/Pool via REUTERSJoin now for FREE…
June 30 (Reuters) - People entered Paul Centenari's cardboard box factory outside Baltimore asking for jobs, something he hasn't seen in more than a year."We hadn't seen this a month…
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 22, 2022. REUTERS/Brendan McDermidJoin now for FREE unlimited access to Reuters.comRegisterNEW YORK,…
U.S. Federal Reserve Board Chairman Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. REUTERS/Mary F. CalvertJoin now for FREE unlimited access to…
Consumer spending increases by 0.2% in MayInflation-adjusted consumer spending falls 0.4%The Core PCE price index increases by 0.3%; up 4.7% year-on-yearWeekly jobless claims fall by 2,000 to 231,000WASHINGTON, June 30…
(L-R) Radhika Merchant, Anant Ambani, Nita Ambani, Akash Ambani, Isha Piramal, Anand Piramal and Mukesh Ambani, the Chairman of Reliance Industries, pose during a photocall during Akash's wedding ceremony, at…
QUITO/HOUSTON, June 29 (Reuters) - Exports of Ecuador's flagship crude oil, Oriente, remain suspended due to a declaration of force majeure as spreading anti-government protests hurt oil production, said Petroecuador…
MSCI global stocks fell the most in the first half since the index was createdDeutsche Bank estimates worst for Treasuries since 1788Commodity bulls lifted oil 50% and gas 60%Yen Takes…