Producer prices surge 11.2% in March on higher energy costs
WASHINGTON — The surging cost of energy pushed wholesale prices up a record 11.2% last month from a year earlier — another sign that inflationary…
AP Wire
JPMorgan profits drop 42%, bank writes off Russian assets
NEW YORK — JPMorgan Chase said its first quarter profits dropped by 42% from last year, partly because the bank wrote down nearly $1.5 billion…
Delta loses $940 million in Q1, but bookings, revenue, surge
Delta Air Lines lost $940 million in the first quarter yet bookings surged in recent weeks, setting up a breakout summer as Americans try to…
China’s March exports grow despite virus; imports flat
BEIJING — China’s exports rose 15.7% over a year ago in March while imports were flat amid disruptions due to coronavirus outbreaks as the ruling…
German economists lower growth outlook, see worse if gas cut
BERLIN — A group of leading economic think tanks slashed its forecast for growth in Germany this year, predicting today that Europe’s biggest economy will…
Bed Bath & Beyond: Fiscal Q4 earnings snapshot
UNION, N.J. — Bed Bath & Beyond Inc. today reported a fiscal fourth-quarter loss of $159.1 million, after reporting a profit in the same period…
UK inflation rises at the fastest pace in 30 years
LONDON — British consumer prices rose at the fastest pace in 30 years last month, fueled by soaring costs for household energy and motor fuels…
CFPB sues TransUnion for violating previous agreement
NEW YORK (AP) — The Consumer Financial Protection Bureau is suingTransUnion and one of its long-time executives alleging that the credit company completely “disregarded” a…
Toyota unveils first electric vehicle since RAV4 EV in 2014
DETROIT (AP) — Toyota, the top-selling automaker in the U.S., is rolling out its first fully electric vehicle in eight years. The company on Tuesday…
Mask rule for planes and trains still up in the air
DALLAS — The federal requirement to wear face masks on airplanes and public transportation is scheduled to expire next week, and airline executives and Republican…