Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed’s Goolsbee sees risk of ‘error in view that low inflation needs high unemployment
By Howard Schneider WASHINGTON (Reuters) - The U.S. Federal Reserve may be on the cusp of "something rare" by lowering inflation without a major blow to jobs and growth, and must be "extra careful" ab...
Sep 28, 2023
US new vehicle sales to rise for sixth month; UAW strike clouds Oct outlook – report
(Reuters) - New vehicle sales in the United States are projected to rise for a sixth consecutive month in September on strong demand, according to an industry report, though the strike by United Auto ...
Sep 28, 2023
Varde raises nearly $1.5 billion for asset-based lending opportunities
(Reuters) - Alternative investment firm Varde Partners has raised nearly $1.5 billion from institutional investors for asset-based lending through its Varde Asset Lending Fund II and related accounts ...
Sep 28, 2023
German inflation falls to lowest level since start of Ukraine war
BERLIN (Reuters) -German inflation fell in September to its lowest level since Russia launched its full-scale invasion of Ukraine, signalling what could be the beginning of the end for the high inflat...
Sep 28, 2023
US Q2 GDP growth unrevised at 2.1%; weekly jobless claims edge higher
WASHINGTON (Reuters) - The U.S. economy maintained a fairly strong pace of growth in the second quarter, the government confirmed on Thursday, and appears to have gathered momentum this quarter amid a...
Sep 28, 2023
China Evergrande chairman under scrutiny on suspicion of illegal crimes
(Reuters) -China Evergrande Group said on Thursday authorities have informed the embattled property developer that its chairman Hui Ka Yan has been subject to mandatory measures in accordance with the...
Sep 28, 2023
US GDP revised down in every first quarter from 2020 to 2022
By Lucia Mutikani WASHINGTON (Reuters) - U.S. economic activity was either even weaker or not as strong as previously estimated in each of the first quarters of 2020, 2021 and 2022 amid downgrades mos...
Sep 28, 2023
Sycamore to take Chico’s FAS private in $1 billion deal
(Reuters) - Apparel retailer Chico's FAS said on Thursday it would be acquired by private-equity firm Sycamore Partners in a $1 billion deal, including debt. Chico's FAS shareholders will receive $7.6...
Sep 28, 2023
JetBlue cuts revenue forecast due to weather disruptions, staffing gaps
(Reuters) - U.S. carrier JetBlue Airways warned on Thursday it expects third-quarter revenue to be at the low end of its prior forecast due to a bigger hit from weather-related disruptions and gaps in...
Sep 28, 2023
Nigerian reform drive falters, threatening Africa’s biggest economy
By MacDonald Dzirutwe and Libby George LAGOS/LONDON (Reuters) - Nigerian President Bola Tinubu's lightning-fast reform push after taking office in May sparked hope that his administration would be a b...
Sep 28, 2023
Tue Aug 4
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