FedEx saw boost from rival UPS's labor negotiations with Teamsters
The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer.
2023-09-21 09:59
Biden appointing federal coordinator to oversee long-term recovery in East Palestine following train derailment
President Joe Biden on Wednesday ordered the appointment of a federal coordinator to oversee long-term recovery efforts in East Palestine, Ohio, following the February derailment of a Norfolk Southern train hauling toxic chemicals.
2023-09-21 09:15
Powell says soft-landing not baseline, but it's sure in the forecast
By Ann Saphir WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell declined on Wednesday to say he expects a "soft landing"
2023-09-21 06:58
FedEx tightens full-year profit forecast
FedEx tightened its full-year profit forecast on Wednesday, even as it benefited from problems experienced by rivals UPS
2023-09-21 04:18
Fed sees tighter policy through 2024; Powell says new forecasts not pledge for action
NEW YORK (Reuters) -The Federal Reserve held interest rates steady on Wednesday but stiffened its hawkish stance, with a further
2023-09-21 03:20
The Fed hits pause on interest rate hikes while it reviews more data
The Federal Reserve said Wednesday it will pause its rate hikes, keeping its benchmark lending rate at a 22-year high.
2023-09-21 02:52
Fed projections to show if 'soft landing' is new baseline ... or baseless
By Howard Schneider WASHINGTON Confident the Federal Reserve will leave interest rates unchanged, investors are far more focused
2023-09-20 18:20
Some investors bet peak policy rate is near ahead of Fed decision
By Gertrude Chavez-Dreyfuss NEW YORK As Treasuries wobble ahead of the outcome of the Federal Reserve's monetary policy
2023-09-20 01:20
FedEx quarterly profit likely boosted by rivals' pain
By Lisa Baertlein LOS ANGELES FedEx Corp benefited from misfortunes experienced by rivals UPS and Yellow during its
2023-09-19 18:28
Fed to hold rates steady, but signal policy path in meeting this week
By Howard Schneider WASHINGTON The U.S. Federal Reserve kicks off a two-day policy meeting on Tuesday with officials
2023-09-19 18:23
The Fed wants to cool spending; a strike, a shutdown and student loans may add ice
By Howard Schneider WASHINGTON U.S. Federal Reserve officials, who have tentatively embraced the possibility they can squelch inflation
2023-09-18 18:19
Fed unlikely to raise rates in November, says Goldman Sachs
The Federal Reserve is unlikely to raise interest rates at its Oct. 31-Nov. 1 meeting, Goldman Sachs strategists
2023-09-17 04:29