Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
US rate futures cut chances of September rate hike after jobs data
By Michael S. Derby Aug 7 (Reuters) - U.S. hiring data for July drove financial markets to lower forecasts for the U.S. central bank raising its interest rate target at September's Federal Open Market...
Aug 07, 2026
Japan's yen surges after US jobs data, traders wary of intervention risk
LONDON, Aug 7 (Reuters) - The yen jumped suddenly against the dollar again on Friday after a surprisingly weak U.S. employment report, with traders alert to the prospect of intervention just a few day...
Aug 07, 2026
US futures extend gains after July nonfarm payrolls data
Aug 7 (Reuters) - U.S. stock index futures extended gains on Friday after data showed the U.S. economy unexpectedly shed jobs in July, dampening expectations of an interest-rate hike in September. A L...
Aug 07, 2026
US suffers unexpected job losses in July, markets dial back rate hike expectations
By Lucia Mutikani WASHINGTON, Aug 7 (Reuters) - The U.S. economy unexpectedly shed jobs in July and previously reported job gains for the prior two months were revised sharply lower, tempering financi...
Aug 07, 2026
Canada posts monster jobs gain in July, unemployment rate hits two-year low
By David Ljunggren OTTAWA, Aug 7 (Reuters) - Canada's economy added far more jobs in July than expected and the unemployment rate dropped to a two-year low, data showed on Friday, in another sign the ...
Aug 07, 2026
Volkswagen to overhaul US strategy with planned pick-up truck, source says
By Christina Amann BERLIN, Aug 7 (Reuters) - German auto group Volkswagen plans to overhaul its U.S. strategy with new management and a revised product offering, including a new pickup truck, a compan...
Aug 07, 2026
Debt burden grows for German suppliers in embattled auto sector, study shows
BERLIN, Aug 7 (Reuters) - German auto suppliers are more indebted and spend more on interest than their international rivals as competition from China intensifies, according to excerpts from an upcomi...
Aug 07, 2026
Take-Two sticks to annual bookings outlook, says on track for 'GTA VI' November launch
Aug 7 (Reuters) - Take-Two Interactive maintained its annual bookings forecast on Friday, but reiterated the November 19 launch date for its highly anticipated title "Grand Theft Auto VI", bringing th...
Aug 07, 2026
Under Armour forecasts steeper annual sales decline on weak North America demand
By Sanskriti Shekhar Aug 7 (Reuters) - Under Armour on Friday forecast a steeper annual revenue decline, underscoring the challenge of reviving growth as cautious consumers rein in spending on athleti...
Aug 07, 2026
Meat packer JBS agrees joint venture with Indonesian wealth fund arm
SAO PAULO, Aug 7 (Reuters) - Brazilian meat packer JBS has agreed a joint venture with PT Danantara (DIM), an arm of Indonesia's sovereign wealth fund, to pursue investments in protein production acro...
Aug 07, 2026
