An unexpected increase: Fed's favorite inflation measure heated up last month
The US economy has encountered some expected turbulence on inflation's descent.
2023-05-26 21:22
Instant view: Stubborn US April PCE inflation revives focus on June Fed hike
NEW YORK U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the
2023-05-26 21:20
Anti-graft watchdog withdraws award for Kenya's chief prosecutor
NAIROBI Anti-graft watchdog Transparency International has withdrawn an award it gave Kenya's outgoing chief prosecutor, it said on
2023-05-26 21:20
Analysis-US airlines gear up for 'Super Bowl' of travel season
By Rajesh Kumar Singh, Doyinsola Oladipo, David Shepardson (Reuters) -After two successive summers of travel chaos, U.S. airlines are going
2023-05-26 21:17
Deputy Treasury secretary rules out possibility of using 14th Amendment to raise debt ceiling
Invoking the 14th Amendment to lift the borrowing cap on the US debt ceiling as a way to work around slow-moving negotiations is not an option, Deputy Treasury Secretary Wally Adeyemo told CNN Friday, the administration's most definitive response yet to an unlikely option demanded by some progressives.
2023-05-26 21:17
US core capital goods orders unexpectedly rebound in April
WASHINGTON New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending
2023-05-26 21:16
Russian attack on Ukrainian clinic kills two and wounds 23, Kyiv says
By Olena Harmash and Max Hunder KYIV (Reuters) -A Russian missile hit a clinic in the eastern Ukrainian city of
2023-05-26 20:56
Japan unveils policy blueprint featuring childcare, no mention of funding
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -Japan on Friday announced its mid-term economic policy framework, featuring Prime Minister
2023-05-26 20:54
Pope skipped audiences on Friday because of a fever, Vatican says
By Philip Pullella VATICAN CITY (Reuters) -Pope Francis did not receive anyone in audiences on Friday because he has a
2023-05-26 20:54
Arne Slot signs new Feyenoord contract after failed Tottenham approach
Arne Slot has signed a new contract with Feyenoord despite interest from Tottenham.
2023-05-26 20:49
A measure of inflation that is closely tracked by the Federal Reserve increased in April
A key index of U.S. prices ticked higher in April as consumer spending rebounded, a sign that inflationary pressures in the economy remain high
2023-05-26 20:47
US consumer spending beats expectations in April; inflation picks up
WASHINGTON (Reuters - U.S. consumer spending increased more than expected in April, boosting the economy's growth prospects for the second
2023-05-26 20:45