Norway’s central bank raises key policy interest rate
COPENHAGEN, Denmark — Norway’s central bank announced today that it raised its key policy interest rate from 0.25% to 0.5%, citing the upswing in the…
AP Wire
Delta Air Lines no longer expects to lose money in Q4
Delta Air Lines no longer expects to lose money in the fourth quarter with travel during the holiday season heating up. The company said today…
Alden sues Lee after news publisher rejects its takeover bid
Nearly a week after Lee Enterprises rejected Alden Global Capital’s attempt to buy the newspaper publisher, the hedge fund responded Wednesday with a lawsuit accusing…
Modest 0.3% November retail sales bump, optimism still high
NEW YORK — Americans slowed their spending from October to November but continued shopping ahead of the critical holiday season, brushing off rising prices and…
Fed will tighten credit faster and sees 3 rate hikes in 2022
WASHINGTON — The Federal Reserve will quicken the pace at which it’s pulling back its support for the economy as inflation surges, and it expects…
Fed will tighten credit faster and sees 3 rate hikes in 2022
WASHINGTON (AP) — The Federal Reserve will quicken the pace at which it’s pulling back its support for the economy as inflation surges, and it…
Modest 0.3% November retail sales bump, optimism still high
NEW YORK (AP) — Americans slowed their spending from October to November but continued shopping ahead of the critical holiday season, brushing off rising prices…
Target CEO addresses omicron, wages and shopper habits
NEW YORK (AP) — Target is heading into the final stretch of the holiday season with lots of momentum. CEO Brian Cornell reports that holiday…
UK inflation hits decade high, pressuring Bank of England
LONDON — Consumer prices in the United Kingdom are rising at their highest rate in over a decade as a result of soaring energy costs…
China economy slows as virus outbreaks disrupt recovery
BEIJING — China reported today that its economy slowed in November, buffeted by coronavirus outbreaks, weak demand and supply chain disruptions. Retail sales were weaker…