Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerate
Category: Business
Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift
Toyota Motor agreed to give factory workers their biggest pay increase in 25 years.
Read More Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift
New Zealand to seize black boxes from LATAM Boeing 787 as passengers recount incident
New Zealand’s Transport Accident Investigation Commission said on Tuesday it was seizing the cockpit voice recorder and flight data recorder.
Read More New Zealand to seize black boxes from LATAM Boeing 787 as passengers recount incident
Fed to start rate cuts in June; risk fewer delivered this year
The U.S. Federal Reserve will cut its key interest rate in June, according to a stronger majority of economists in the latest Reuters poll.
Read More Fed to start rate cuts in June; risk fewer delivered this year
China’s CNOOC makes 100 million ton oilfield discovery in South China Sea
Chinese state-owned oil and gas giant CNOOCÂ has discovered a new reserve in the South China Sea.
Read More China’s CNOOC makes 100 million ton oilfield discovery in South China Sea
Boeing discloses names of 737 MAX employees after NTSB chair faults cooperation
Boeing on Wednesday provided U.S. regulators with the names of employees on its 737 MAX door team.
Read More Boeing discloses names of 737 MAX employees after NTSB chair faults cooperation