By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices barely rose in June and the annual increase in producer inflation […]
Bank of Canada’s record tightening campaign exposes lenders’ mortgage risks
By Nivedita Balu TORONTO (Reuters) – The Bank of Canada’s interest rate hike on Wednesday and prospects of more increases […]
Alphabet shares soar after it expands AI chatbot internationally
By Bansari Mayur Kamdar (Reuters) – Shares in Google parent Alphabet Inc were up 4.9% on Thursday after it said […]
Goldman Sachs offloads $1 billion of Marcus loans to Varde -source
By Saeed Azhar NEW YORK (Reuters) -Goldman Sachs Group has sold $1 billion of personal loans from its consumer unit, […]
Back-to-school sales to hit new record as shoppers keep up with essential buys – NRF
(Reuters) – U.S. shoppers plan to spend a record $41.5 billion during the upcoming school year, a trade group forecast […]
US Fed’s Daly says rate hikes essential to bring down prices
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Thursday reiterated that rate hikes will be essential to […]
Disney wants to keep ESPN, could offload some traditional TV assets – Iger
(Reuters) -Walt Disney wants to keep ESPN and will look for strategic partners to form a joint venture or buy […]