By Stephanie Kelly NEW YORK (Reuters) -Oil prices slumped over 2% on Tuesday on signals that central banks may not be done with interest rate hikes, while industry data showed lower U.S. crude and gas[...]
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June 27, 2023
Harley-Davidson taps insider Jonathan Root as new CFO
(Reuters) – Harley-Davidson on Tuesday named insider Jonathan Root as its new chief financial officer to succeed Gina Goetter who stepped down in April. Root, who will take charge immediately, m[...]
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U.S. new home sales jump in May; median house price falls
WASHINGTON (Reuters) -Sales of new U.S. single-family homes surged to the highest level in nearly 1-1/2 years in May, benefiting from a dearth of previously owned homes available for sale. New home sa[...]
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Biden does not expect a recession, says US economy is ‘strong’
WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not expect a recession, a day before delivering an economic policy sp[...]
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Jefferies beats profit estimates as capital market revival offsets deal slump
By Jaiveer Shekhawat and Lananh Nguyen (Reuters) -Jefferies Financial Group Inc on Tuesday posted second-quarter profit that edged past analysts’ estimates as robust performance in the investmen[...]
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United Airlines CEO blames FAA as storms trigger more flight cancellations
(Reuters) – United Airlines Chief Executive Scott Kirby has blamed the Federal Aviation Administration (FAA) after severe storms led to thousands of canceled flights in recent days. “I[...]
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Google aims to avoid ‘perverse’ regulation in Brazil, says executive
By Patricia VilasBoas SAO PAULO (Reuters) – The top executive of Google Brazil said on Tuesday the company encourages greater dialogue around regulating digital platforms in the country, in orde[...]
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Wall Street closes higher as upbeat economic data allays slowdown fears
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – U.S. stock indexes rebounded on Tuesday from a recent losing streak as upbeat economic data soothed investor worries about an imm[...]
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Marketmind: Risk back on as slowdown blues fade
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets reach the half-way point of the week with a spring in their[...]
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