Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
US mortgage rate rises to nine-month high, worsening affordability again
May 27 (Reuters) - The rate on the most popular U.S. residential real estate loan hit a nine-month high last week in another blow to home-ownership affordability, as the Iran war kept oil prices eleva...
May 27, 2026
European companies to get bulk of mobile satellite spectrum in EU tech push
By Foo Yun Chee BRUSSELS, May 27 (Reuters) - Europe announced plans on Wednesday to allocate the bulk of valuable mobile satellite spectrum to European companies while reducing the share U.S. operator...
May 27, 2026
Schaeffler, Spire Global team up for space hardware, satellite platforms in Europe
May 27 (Reuters) - Schaeffler and U.S.-based satellite operator Spire Global have signed a memorandum of understanding to jointly develop space hardware and satellite platforms for European defence, w...
May 27, 2026
Capri reports another sales drop, signals profit rebound on Michael Kors turnaround
May 27 (Reuters) - Capri Holdings reported another quarter of sales decline but provided an upbeat annual profit forecast as it bets on a turnaround strategy focused on reviving demand for its Michael...
May 27, 2026
Airbus Defence chief rules out total failure of FCAS fighter jet project
BERLIN, May 27 (Reuters) - The head of Airbus Defence ruled out the complete failure of the crisis-hit Franco-German FCAS fighter jet project, saying at least a networking system for weapons and drone...
May 27, 2026
Morning Bid: Out of the blue chips
By Mike Dolan May 27 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The chips are indeed blue. The market scramble for AI stocks seems to...
May 27, 2026
Analysis-Wall Street awaits GameStop CEO Cohen's next move after eBay rejected takeover bid
By Svea Herbst-Bayliss and Abigail Summerville NEW YORK, May 27 (Reuters) - GameStop CEO Ryan Cohen shared few details when he said he would do "whatever we need to do" to buy eBay after the e-commerc...
May 27, 2026
Analysis-Investors expect US dollar to break higher as Fed battles inflation
NEW YORK, May 27 (Reuters) - The U.S. dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome signs that inflation is ...
May 27, 2026
Prediction markets look to institutional investors for next phase of growth
By Laura Matthews, Anirban Sen, Manya Saini and Niket Nishant NEW YORK/BENGALURU, May 27 (Reuters) - Prediction market platforms including Kalshi are making a big push to attract top institutional inv...
May 27, 2026
US funds set aside cash as SpaceX and OpenAI prepare to go public, analysts say
By Anirban Sen NEW YORK, May 27 (Reuters) - Large mutual funds and passive index funds are starting to set aside more cash and preparing to offload some of their existing holdings in large-cap stocks,...
May 27, 2026
