(Reuters) -Boeing and Spirit AeroSystems have expanded the scope of their ongoing inspections of a production defect affecting 737 Max 8 aircraft, Boeing said on Thursday. The planemaker in August ide[...]
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October 12, 2023
Surging rents lift US consumer prices; underlying inflation grinding lower
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices increased in September amid a surprise surge in rental costs, but a steady moderation in underlying inflation pressures supported fi[...]
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Argentina central bank hikes key rate to 133% as inflation worsens
By Jorge Otaola BUENOS AIRES (Reuters) -Argentina’s central bank raised the country’s benchmark interest rate to 133% from 118% on Thursday as inflation data came in worse than forecast, 1[...]
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Wall Street falls as Treasury yields rise, investors digest inflation data
By Sinéad Carew and Shashwat Chauhan (Reuters) – Wall Street’s main indexes closed lower on Thursday after a U.S. Treasury auction sent bond yields higher while investors were already dige[...]
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California AG says he may sue to stop Kroger from buying Albertsons
By Diane Bartz WASHINGTON (Reuters) -California Attorney General Rob Bonta said on Thursday that his office was concerned about Kroger’s proposed deal to buy rival Albertsons for $24.5 billion,[...]
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Canada regulator to make preliminary decision on Trans Mountain expansion tolls
By Ismail Shakil and Nia Williams OTTAWA (Reuters) – The Canada Energy Regulator (CER) said on Thursday it will make a preliminary decision on Trans Mountain Corp’s proposed shipping tolls[...]
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Dollar General reappoints former CEO Vasos for second stint, cuts FY23 view
(Reuters) -Dollar General on Thursday brought back former chief Todd Vasos to replace CEO Jeffery Owen less than a year after his appointment, in a move to stabilize its struggling business, sending s[...]
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US electric-vehicle sales hit record high, Tesla loses market share – report
(Reuters) – Electric vehicle (EV) sales in the United States jumped to more than 300,000 for the first time in the third quarter, but industry leader Tesla’s market share slipped to the lo[...]
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Marketmind: After US, inflation focus turns to China
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. As investors digest the market and policy implications of this week[...]
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