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Category: Business

A specialist trader works inside a post on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., September 9, 2024. REUTERS/Brendan McDermid/File Photo

Wall St subdued as investors await Fed decision with bated breath

Wall Street’s main indexes were flat as investors stepped onto the sidelines ahead of the Federal Reserve’s highly anticipated first interest rate cut in more than four years.

Read More Wall St subdued as investors await Fed decision with bated breath
The Albertsons logo is seen on an Albertsons grocery store, as Kroger agrees to buy rival Albertsons in a deal to combine the two supermarket chains, in Riverside, California, U.S., October 14, 2022. REUTERS/Aude Guerrucci/File Photo

Kroger-Albertson’s US anti-trust trial to end but other legal blocks loom

The trial block Kroger’s bid to buy rival grocer Albertsons will conclude on Tuesday, but the deal’s legal challenges have just begun.

Read More Kroger-Albertson’s US anti-trust trial to end but other legal blocks loom
A strike sign hangs from a post near a Boeing sign as Boeing factory workers and supporters gather on a picket line during the third day of a strike near the entrance to a Boeing production facility in Renton, Washington, U.S. September 15, 2024. REUTERS/David Ryder/File Photo

Boeing imposes hiring freeze, takes steps to conserve cash after strike starts

Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike including considering temporary furloughs for many employees.

Read More Boeing imposes hiring freeze, takes steps to conserve cash after strike starts
A ship stacked with shipping containers is unloaded on a pier at Port Newark, New Jersey, U.S., November 19, 2021. REUTERS/Mike Segar/File Photo

US import prices post largest drop in eight months

Import prices dropped by the most in eight months in August, suggesting that domestic inflation will continue to subside in the months ahead.

Read More US import prices post largest drop in eight months
Boeing workers listen to union leaders,T-Mobile Park, Seattle, July 17, 2024. REUTERS/David Ryder

Boeing strike threat looms as workers vote on contract

Boeing’s U.S. West Coast factory workers started voting on Thursday on a much-criticized new contract and a possible strike.

Read More Boeing strike threat looms as workers vote on contract
The Marriner S. Eccles Federal Reserve Board building is seen in Washington, DC, March 16, 2022. (Photo by SAUL LOEB / AFP) (Photo by SAUL LOEB/AFP via Getty Images)

Fed expected to deliver quarter-percentage-point rate cut next week

U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction.

Read More Fed expected to deliver quarter-percentage-point rate cut next week

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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