By Siddharth Cavale BENTONVILLE, Ark. (Reuters) – Walmart is raising wages for thousands of U.S. pharmacists and opticians, the retailer said on Wednesday, part of its broader plan to expand pri[...]
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May 31, 2023
U.S. economy little changed, outlook ‘deteriorated’: Fed survey
By Ann Saphir and Howard Schneider (Reuters) – U.S. economic activity appeared to stall in recent weeks, a Federal Reserve report published on Wednesday showed, with job growth and inflation bot[...]
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Oil settles lower on weak China data, stronger US dollar
By Laura Sanicola (Reuters) -Oil prices settled lower on Wednesday, pressured by a stronger U.S. dollar and weak data from top oil importer China that fed demand fears. Brent crude futures for August[...]
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Bill Ackman calls on JPMorgan CEO Dimon to run for US president
(Reuters) -Billionaire hedge fund manager Bill Ackman said Jamie Dimon should run for president in the next U.S. elections after the JPMorgan Chase & Co CEO expressed his interest in pursuing a pu[...]
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Fed’s Harker: Inclined to ‘skip’ a rate hike in June
(Reuters) – Federal Reserve Bank of Philadelphia President Patrick Harker said on Wednesday that for the moment he is inclined to support a “skip” in interest rate hikes at the centr[...]
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US labor market remains resilient as job openings climb, layoffs drop
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly rose in April and data for the prior month was revised higher, pointing to persistent strength in the labor market that co[...]
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Amazon.com to pay $25 million to settle Alexa privacy lawsuit with FTC
WASHINGTON (Reuters) – Amazon.com agreed to pay $25 million to settle allegations that it violated children’s privacy rights with its Alexa voice assistant, according to a court filing on[...]
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Bank of England to take Bank Rate to 5.00% next quarter as inflation proves sticky: Reuters poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will be far more aggressive in policy tightening than previously thought as it battles to contain stubbornly-high inflation running at th[...]
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Analysis-Mexico’s gasoline independence dream sinks in dirty fuel oil glut
By Ana Isabel Martinez MEXICO CITY (Reuters) – Mexico’s president took office in late 2018 pledging to boost local output of gasoline while phasing out imports, but so far state refineries[...]
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