(Reuters) – The case for quarter-point U.S. interest-rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices
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Florida begins long recovery from back-to-back hurricanes
By Brad Brooks and Leonora LaPeter Anton FORT PIERCE, Florida (Reuters) -Millions of Floridians on Friday began a long and difficult recovery after the state’s
Wall Street dips slightly after higher than expected inflation, unemployment
By Sinéad Carew and Lisa Pauline Mattackal (Reuters) – Wall Street’s main indexes were slightly lower on Thursday as investors looked to higher-than-expected inflation and
Fed officials signal more rate cuts, Bostic open to a skip
By Ann Saphir and Michael S. Derby (Reuters) -Slowly cooling inflation and a U.S. job market that remains strong but at risk of deteriorating give
Amazon targets faster deliveries and buying with new tech
By Greg Bensinger NASHVILLE, Tennessee (Reuters) -Amazon , in its quest for greater efficiency, has developed new systems to shave seconds off each package delivery
PepsiCo trims sales forecast as customers tighten purse strings on snacks, sodas
By Savyata Mishra (Reuters) -PepsiCo cut its forecast for annual sales growth on Tuesday as picky consumers in North America limit their spending on sodas
US power use forecast to reach record highs in 2024 and 2025, EIA says
(Reuters) – U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy Information Administration (EIA) said in its Short Term
Monster Hurricane Milton takes aim at Florida’s battered Gulf Coast
By Julio-Cesar Chavez and Octavio Jones TAMPA (Reuters) -Hurricane Milton was expected to expand in size on Tuesday as it chugged past Mexico’s Yucatan Peninsula
Berkshire Hathaway nets $10 billion from BofA share-sale spree
By Niket Nishant and Manya Saini (Reuters) – Warren Buffett-led Berkshire Hathaway further cut its stake in Bank of America, a late Monday filing showed,
Ports restrict navigation, some oil facilities shut as Milton approaches Florida
HOUSTON (Reuters) – At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions