U.S. stocks are falling after Powell’s hawkish rate outlook
U.S. stocks were falling on concerns about interest rates after Federal Reserve Chair Jerome Powell’s hawkish testimony to Congress this…
Oil resumes slide on demand worries after latest rate hikes
(Reuters) – Oil dropped for a second day on Friday and was heading for a weekly decline, as a UK…
Rate worries, stalling economies cast pall over stock markets
(Reuters) – Wall Street was poised to broaden weaker global stocks on Friday on investor concerns over no end in…
CarMax beats profit estimates powered by cost-cuts; shares jump
(Reuters) – CarMax Inc (NYSE:KMX) on Friday posted a better-than-expected adjusted profit for the first quarter, benefiting from a series…
Futures fall as Powell’s hawkish stance dulls market spirits
(Reuters) – U.S. stock index futures fell on Friday as investor sentiment remained damp due to the hawkish interest-rate outlook…
Factbox-European companies cut jobs as economy sputters
(Reuters) – Decades-high inflation and the impact of war in Ukraine have forced companies across Europe into lay-offs or hiring…
Desperately seeking staff: Paris Airshow lets jobless in for free
(Reuters) – Jean Blondin usually attends the world’s largest air show to find new contracts. This year, he has made…
Dollar gains as aggressive central banks prompt risk aversion
The U.S. dollar gained in early European trade Friday, as more aggressive monetary tightening by a series of central banks,…
Trupanion rallies on rate fillings update
Trupanion (NASDAQ:TRUP) stock rose as much as 16.5% in pre-market Friday after the pet insurance provider said U.S. states California…
Exclusive-Newmont declares force majeure on metal products from Mexico’s Peñasquito
(Reuters) – Newmont has declared force majeure on deliveries of some metal products from its Peñasquito mine in Mexico, the…