By Jonathan Stempel NEW YORK (Reuters) – Martin Shkreli on Friday urged a U.S. judge not to hold him in civil contempt for failing to provide federal and state regulators with information to det[...]
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February 10, 2023
Marketmind: China CPI spy
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese inflation on Friday grabs the data spotlight in Asia at the end of a week in which hawkish Fed[...]
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North American companies notch another record year for robot orders
By Timothy Aeppel (Reuters) – North American companies struggling to hire workers in the tightest labor market in decades brought on more robots last year than ever before, with many earmarked f[...]
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Dollar rises as investors look to next week’s inflation report; yen gains
(Recasts, adds new comment, U.S. data, updates prices) By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar gained on Friday as investors grew concerned about a U.S. inflation report next[...]
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Fed’s Harker says small rate hikes on table, opens door to cuts next year
By Michael S. Derby NEW YORK (Reuters) – Philadelphia Federal Reserve President Patrick Harker said on Friday the surprisingly strong jobs data reported last week did not alter his view that mov[...]
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Lyft shares skid on fears Uber pulling ahead
By Akash Sriram and Aditya Soni (Reuters) -Lyft Inc lost more than a third of its market value on Friday after a bleak forecast fueled worries that the company’s price cuts to avoid being a dist[...]
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U.S. posts $39 billion January deficit after pension fund bailout
By David Lawder WASHINGTON (Reuters) -The U.S. government posted a $39 billion budget deficit for January after a $119 billion monthly surplus a year earlier, as revenues dipped and one-time costs, in[...]
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Adani crisis deepens with Moody’s downgrades and index weighting cuts
By Tanvi Mehta, Scott Murdoch and Rodrigo Campos NEW DELHI/SYDNEY/NEW YORK (Reuters) – Moody’s downgraded on Friday the ratings outlook for some Adani Group companies, while MSCI said it w[...]
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Oil prices rise over 2% on Russian plan to cut output
By Stephanie Kelly NEW YORK (Reuters) -Oil prices rose more than 2% on Friday and posted weekly gains of over 8%, as Russia announced plans to reduce oil production next month after the West imposed p[...]
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