usa

Fed report points to slight rise in inflation, tight job market

By Jason Lange WASHINGTON, June 1 (Reuters) – Inflation pressures grew slightly across most of the United States from April to mid-May, the Federal Reserve said on Wednesday in a report that also pointed to rising labor costs for American companies. The Fed's Beige Book, a collection of anecdotal information from business contacts nationwide, found that labor markets appeared to be tightening despite “modest” job growth. “Tight labor markets

More:
Fed report points to slight rise in inflation, tight job market

usa

VW gets ready to move on comeback plan in U.S.: sales chief

Volkswagen hopes to reach a final settlement with the U.S. authorities over the diesel emissions scandal next month so that it can get moving on a recovery plan which will see the launch of several new crossover and electric vehicles, its sales chief said on Thursday. VW aims to expand its electric-vehicle offerings in the United States to meet a growing demand for green cars and help restore its image, VW brand sales chief Juergen Stackmann said in an interview published on Thursday. “A …

See the rest here: 
VW gets ready to move on comeback plan in U.S.: sales chief

usa

Fed to delay rate hike until September on tame inflation outlook: Reuters poll

The U.S. Federal Reserve will likely wait until September before raising interest rates again, stretching to nine months the time since its first hike in nearly a decade, as it waits for clear signs inflation is picking up, a Reuters poll found. This is the second time this …

Original post: 
Fed to delay rate hike until September on tame inflation outlook: Reuters poll

usa

U.S. jobless claims hit 14-month high; analysts blame Verizon strike

By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits rose last week to a more than one-year high, but economists blamed striking telecommunications workers for the surge and said the data did not signal a deterioration in the overall labor market…

Read the original:
U.S. jobless claims hit 14-month high; analysts blame Verizon strike

usa

U.S. prosecutors consider more charges against ex-CEO Shkreli

NEW YORK (Reuters) – Former drug executive Martin Shkreli, who last year became a lightning rod for outrage over soaring prescription drug prices, may face additional U.S. charges of securities fraud, a federal prosecutor

Read more from the original source: 
U.S. prosecutors consider more charges against ex-CEO Shkreli

usa

As oil plows through $45 a barrel, U.S. producers rush to lock in prices

The flurry of dealing kicked off when prices pierced $45 per barrel earlier in April. While it was not clear if oil prices will remain at current levels, it may also be a sign producers are preparing to add rigs and ramp up output. This

More here: 
As oil plows through $45 a barrel, U.S. producers rush to lock in prices

usa

Sumner Redstone trial should be open to public: tentative ruling

By Lisa Richwine LOS ANGELES (Reuters) – The trial over media mogul Sumner Redstone's healthcare directive should be open to the public, a California judge said in a tentative ruling …

See the original post here: 
Sumner Redstone trial should be open to public: tentative ruling

usa

Mitsubishi says U.S. mileage ratings for its cars are correct

(Reuters) – Mitsubishi Motors Corp, which has admitted manipulating fuel economy tests for mini-vehicles in Japan, on Wednesday said its vehicles for the model years 2013 to 2017 sold in the United States have correct mileage ratings. Mitsubishi said it has gone back and re-tested the models from those model years sold in the U.S. market. “Our findings confirm that fuel economy testing data for these U.S. market vehicles is accurate and complies with established EPA procedures,” the company said in a

Original post: 
Mitsubishi says U.S. mileage ratings for its cars are correct

usa

After massive drop, is Apple cheap enough?

By Rodrigo Campos NEW YORK (Reuters) – If Apple could cash in the value it lost in the first minute of trading on Wednesday, it would be nearly enough to buy General Motors, Target or Caterpillar. “I would not be surprised in…

Here is the original: 
After massive drop, is Apple cheap enough?

usa

Fed signals no rush to hike rates as economy hits soft patch

The Federal Reserve left interest rates unchanged on Wednesday, but kept the door open to a hike in June while showing little sign it was in a hurry to tighten monetary policy amid an apparent slowdown in the U.S. economy. “The committee continues to closely monitor inflation indicators and global economic and financial developments,” the Fed said following a two-day meeting. Fed policymakers in March forecast two hikes

Original post: 
Fed signals no rush to hike rates as economy hits soft patch

« Previous Page — Next Page »