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May 19, 2022
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Business

Shares slide as global growth fears mount

May 19, 2022 - by admin - Leave a Comment

FILE PHOTO – An investor sits in front of a board showing stock information at a brokerage office in Beijing, China, December 7, 2018. REUTERS/Thomas Peter Register now for FREE …

Shares slide as global growth fears mount Read More
Business

US housing market cooling as building permits tumble, starts fail

May 18, 2022 - by admin - Leave a Comment

Residential single family homes construction by KB Home are shown under construction in the community of Valley Center, California, US June 3, 2021. REUTERS/Mike Blake Register now for FREE unlimited …

US housing market cooling as building permits tumble, starts fail Read More
Business

‘Huge’ pressure for Shanghai to stay COVID-free as lockdown end nears

May 18, 2022 - by admin - Leave a Comment

Shanghai health authorities warn of risks of COVID rebound Some migrant workers looking to leave Shanghai Goldman cuts China GDP forecast, warns of further slip E-commerce giant JD.com says consumers …

‘Huge’ pressure for Shanghai to stay COVID-free as lockdown end nears Read More
Business

Stock market rebound fizzles, UK inflation hits 40-year high

May 18, 2022 - by admin - Leave a Comment

LONDON, May 18 (Reuters) – A rebound in stocks ran out of steam on Wednesday as concerns about the economic growth outlook and rising inflation knocked sentiment, while a UK …

Stock market rebound fizzles, UK inflation hits 40-year high Read More
Business

Strong US retail sales, manufacturing output boost economic outlook

May 18, 2022 - by admin - Leave a Comment

Retail sales increase 0.9% in April March retail sales gain raised to 1.4% from 0.5% Core retail sales up 1.0%; March revised to show 1.1% gain Manufacturing production increases 0.8% …

Strong US retail sales, manufacturing output boost economic outlook Read More
Top stories

California church shooter was licensed armed security guard

May 18, 2022 - by admin - Leave a Comment

SACRAMENTO, Calif., May 17 (Reuters) – The Las Vegas man accused of killing one person and wounding five others in a burst of gunfire at a Taiwanese-American church luncheon in …

California church shooter was licensed armed security guard Read More
Business

Fed’s Powell vows to raise rates as high as needed to kill inflation surges

May 17, 2022 - by admin - Leave a Comment

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in Washington, US, March 3, 2022. Tom Williams/Pool via REUTERS Register now for FREE unlimited access to Reuters.com Register …

Fed’s Powell vows to raise rates as high as needed to kill inflation surges Read More
Business

Wall Street ends sharply higher, fueled by Apple

May 17, 2022 - by admin - Leave a Comment

Walmart slides after cutting earnings forecast April retail sales rise in line with estimates S&P 500 +2.02%, Nasdaq +2.76%, Dow +1.34% May 17 (Reuters) – Wall Street finished sharply higher …

Wall Street ends sharply higher, fueled by Apple Read More
Top stories

Pennsylvania, North Carolina midterm primaries latest test of Trump’s sway

May 17, 2022 - by admin - Leave a Comment

A woman wears a t-shirt falsely claiming that former US President Donald Trump won the 2020 election, after a presentation to the Surry County board of commissioners by several individuals …

Pennsylvania, North Carolina midterm primaries latest test of Trump’s sway Read More
Business

Allianz to pay $6 billion in US fraud case, fund manager charged

May 17, 2022 - by admin - Leave a Comment

NEW YORK/MUNICH, May 17 (Reuters) – Germany’s Allianz SE (ALVG.DE) agreed to pay more than $6 billion and its US asset management unit will plead guilty to criminal securities fraud …

Allianz to pay $6 billion in US fraud case, fund manager charged Read More

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