By Saqib Iqbal Ahmed NEW YORK (Reuters) -With more than half of second quarter earnings reported and stocks near record…
Trump says Fed’s Powell should be put ‘out to pasture’
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be “put out to…
Blackstone to reopen New York office one week after shooting
By Isla Binnie and Niket Nishant NEW YORK (Reuters) -Blackstone told employees on Friday it will reopen its New York…
Fed keeps rates steady despite Trump’s pressure, with two governors dissenting
By Howard Schneider WASHINGTON (Reuters) -The Federal Reserve held interest rates steady on Wednesday in a split decision that gave…
Kraft Heinz sauces boost quarterly results as home-cooking rises
By Juveria Tabassum (Reuters) -Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry…
US pending home sales fall more than expected in June
WASHINGTON (Reuters) -Contracts to buy previously owned U.S. homes dropped more than expected in June, weighed down by higher mortgage…
Trump administration memo asks federal fund recipients to restrict DEI
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department issued a memo on Wednesday that asked recipients of federal funds…
Wegovy maker Novo’s profit warning triggers $70 billion share rout
By Jacob Gronholt-Pedersen, Stine Jacobsen and Maggie Fick COPENHAGEN (Reuters) -Investors wiped $70 billion off Novo Nordisk’s market value on…
FAA failed to act before helicopter crash, US transport chief says
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration failed to act despite dozens of near-miss incidents before a fatal…
Largest US rail union intends to oppose Union Pacific’s buy of Norfolk Southern
By Jody Godoy (Reuters) -The largest rail union in the United States said on Tuesday it intends to oppose Union…