U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.
Read More US wholesale inventories drop by unrevised 0.4% in March
Category: Business
Disney’s surprise streaming entertainment profit offset by weaker TV business
Disney’s surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
Read More Disney’s surprise streaming entertainment profit offset by weaker TV business
Warren Buffett’s fans plot their own course for when he leaves
Warren Buffett mulled his future in telling shareholders that if he were lucky, he would have another six or seven years.
Read More Warren Buffett’s fans plot their own course for when he leaves
Drugmaker Amneal agrees to $270 million U.S. opioid settlement
Amneal said on Friday it had reached a deal valued at more than $270 million to resolve claims it helped fuel the deadly U.S. opioid epidemic.
Read More Drugmaker Amneal agrees to $270 million U.S. opioid settlement
US labor market still tight; productivity falters in first quarter
The number of Americans filing new claims for unemployment benefits held steady at a low level last week.
Read More US labor market still tight; productivity falters in first quarter
Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
Read More Fed to hold rates steady as inflation dims hopes for policy easing