Chicago Federal Reserve Bank President Austan Goolsbee said that he penciled in three rate cuts for this year.
Read More Fed’s Goolsbee says he sees three rate cuts this year
Category: Business
US new home sales unexpectedly fall in February
New home sales slipped 0.3% to a seasonally adjusted annual rate of 662,000 units last month.
Read More US new home sales unexpectedly fall in February
Western banks warn of risks in EU plan to grab Russian assets, sources say
Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets.
Read More Western banks warn of risks in EU plan to grab Russian assets, sources say
US weekly jobless claims unexpectedly fall; labor market gradually cooling
The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.
Read More US weekly jobless claims unexpectedly fall; labor market gradually cooling
US broadband providers to begin providing new comparison labels
Major U.S. broadband IPs must start displaying information similar to nutrition labels to help consumers shop for services.
Read More US broadband providers to begin providing new comparison labels
Unilever to spin off ice cream business, cut 7,500 jobs for cost savings
Investors sent shares in Unilever, one of the world’s biggest consumer goods companies, up nearly 6% at one point.
Read More Unilever to spin off ice cream business, cut 7,500 jobs for cost savings