Breaking Business news from across New Jersey.
By Andrea Shalal FORT WORTH, Texas (Reuters) – The United States can avoid a recession, given that there is no wage-price spiral and supply chain bottlenecks are starting to ease, …
Breaking Business news from across New Jersey.
By Andrea Shalal FORT WORTH, Texas (Reuters) – The United States can avoid a recession, given that there is no wage-price spiral and supply chain bottlenecks are starting to ease, …
By Indradip Ghosh BENGALURU (Reuters) – The U.S. economy is heading into a short and shallow recession over the coming year, according to economists polled by Reuters who unanimously expected …
By David Milliken LONDON (Reuters) – British shoppers used cash in only 15% of transactions in 2021, half the level of the year before and down from nearly 40% before …
By Chris Prentice (Reuters) -The U.S. securities regulator on Thursday advised public companies to examine whether they need to disclose to investors any potential impacts from turmoil in the cryptocurrency …
(Reuters) – The fintech venture backed by Walmart Inc is planning to launch buy now, pay later loans as soon as next year, the Information reported on Thursday, citing three …
By Ananya Mariam Rajesh (Reuters) -Lululemon Athletica Inc on Thursday forecast holiday-quarter revenue and profit largely below analysts’ estimates, as shoppers turn cautious about spending on higher-priced clothing amid decades-high …
By Huw Jones LONDON (Reuters) – Britain will set out reforms on Friday to ease bank capital rules, one of 30 measures the government says will unlock investment and secure …
By Michael S. Derby NEW YORK (Reuters) – The New York Federal Reserve has tapped an insurance industry executive as second in command to President John Williams, a role in …
By Ellen Zhang, Liangping Gao and Carolina Mandl BEIJING/NEW YORK (Reuters) -China’s shift from tough COVID policies, with its promise of driving an economic recovery next year, will instead likely …
OTTAWA (Reuters) – The Royal Canadian Mounted Police (RCMP) has suspended a communications equipment contract that was awarded to a company with links to the Chinese government, a spokesperson for …
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index closed slightly lower on Thursday as a drop in oil prices weighed on high-flying energy shares and a senior Bank …
By Laila Kearney NEW YORK (Reuters) – Oil settled lower for a fifth straight session on Thursday as traders shrugged off the closure of a major Canada-to-U.S. crude pipeline, focusing …
(Reuters) – Shares of Carvana Co rebounded nearly 30% on Thursday, erasing some of the previous day’s deep losses inflicted by worries about the used car seller’s solvency. The surge …
(Reuters) -Costco Wholesale Corp reported first-quarter results on Thursday that missed analysts’ estimates, with surging inflation pushing consumers to cut back spending and as operating expenses increased for the company. …
HAVANA (Reuters) – Cuba said on Thursday it had begun work with French telecoms operator Orange on an underwater cable that will link it to the island of Martinique in …
WASHINGTON (Reuters) – United Airlines plans to announce a major Boeing 787 Dreamliner order next week, two sources briefed on the matter told Reuters. United late on Thursday invited reporters …
(Reuters) – U.S. Senators Elizabeth Warren and Tina Smith are demanding an accounting from the Federal Reserve and other U.S. financial regulators of banks’ cryptocurrency activity and ties to the …
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Chinese producer and consumer price inflation reports for November grab the limelight in …
By Andrea Shalal FORT WORTH, Texas (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday said she was “open” to visit China as she seeks to deepen economic engagement with …
PRAGUE/FRANKFURT (Reuters) -Volkswagen AG is postponing its decision on where to locate a planned gigafactory for electric car batteries in eastern Europe beyond 2022, the carmaker said on Thursday, pointing …
By Daniel Wiessner (Reuters) – A U.S. appeals court on Thursday declined to revive claims that Amazon.com Inc fired New York warehouse worker Christian Smalls, a pivotal figure in a …
By Herbert Lash NEW YORK (Reuters) -World stocks rose and oil prices initially rebounded on Thursday on hopes that China’s easing of its anti-COVID-19 measures will help restore global supply …
(Reuters) – Broadcom Inc forecast current-quarter revenue above Wall Street estimates on Thursday, signaling strong demand for chips used in data centers and networking equipment. Companies are increasingly investing in …
BRUSSELS (Reuters) -The European Union should not expect talks with the United States to resolve all the problems it sees in the U.S. Inflation Reduction Act and is not ruling …
By Andrea Shalal FORT WORTH, Texas (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday hailed fellow pioneers during the unveiling of the first U.S. banknotes printed with two women’s …