By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Wednesday that interest rates may be at their peak, given that excess demand has vanished and weak g[...]
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November 22, 2023
Analysis-Temu, Shein far lag Amazon as online holiday shopping ramps up
By Arriana McLymore NEW YORK (Reuters) -Upstart online retailers Temu.com and Shein are drawing millions of window-shoppers to their websites this holiday season, but they far lag market leader Amazon[...]
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Germany shelves 2024 budget talks as crisis deepens
By Holger Hansen and Andreas Rinke BERLIN (Reuters) -German Chancellor Olaf Scholz’s coalition on Wednesday indefinitely postponed talks on next year’s budget as it struggled to find a way[...]
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Las Vegas hospitality unions ratify contract with MGM
(Reuters) – Unions representing hospitality workers in Las Vegas said on Tuesday that members employed at MGM Resorts have voted to ratify a new five-year contract covering more than 25,000 empl[...]
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US consumers worry inflation will pick up again, UMich survey finds
(Reuters) -U.S. consumers’ inflation expectations rose for a second straight month in November despite growing signs that price increases are in fact slowing, according to a survey released Wedn[...]
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US weekly jobless claims fall; business spending on equipment easing
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell more than expected last week, but that likely does not change the view that the[...]
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Analysis-Canada’s EV charging strategy reaches fork in the road
By Rod Nickel WINNIPEG, Manitoba (Reuters) – Canada needs to shift gears on its strategy of building electric vehicle (EV) charging stations across the country, advocacy groups and government of[...]
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US mortgage interest rates fall to two-month low
(Reuters) -The average interest rate on the most popular U.S. home loan fell last week to its lowest level in two months as Treasury market yields, which act as a benchmark for mortgage rates, continu[...]
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US FAA clears Boeing flight tests for 737 MAX 10 certification
By Valerie Insinna WASHINGTON (Reuters) -Boeing said on Wednesday that the U.S. aviation regulator has cleared it to begin certification flight testing of its 737 MAX 10, the largest version of its be[...]
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