Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
US core capital goods orders fall in April
WASHINGTON, May 28 (Reuters) - New orders for key U.S.-manufactured capital goods unexpectedly fell in April after hefty gains in the prior months, but demand remains underpinned by an artificial inte...
May 28, 2026
Fed's Williams: Productivity shifts hard to spot in real time
NEW YORK, May 28 (Reuters) - Federal Reserve Bank of New York President John Williams said Thursday it's hard to spot fundamental shifts in the level of productivity as they are happening. "Real-time ...
May 28, 2026
Key US inflation measure posts largest annual increase in three years
By Lucia Mutikani WASHINGTON, May 28 (Reuters) - U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due to the Iran war and cementing economists' view...
May 28, 2026
Nebius shares hit two-week high as former OpenAI employee's fund buys stake
By Niket Nishant May 28 (Reuters) - Nebius Group's shares climbed 9% on Thursday after a fund run by former OpenAI employee Leopold Aschenbrenner disclosed a stake in the AI infrastructure firm. The s...
May 28, 2026
US weekly jobless claims increase marginally amid low layoffs
WASHINGTON, May 28 (Reuters) - The number of Americans filing claims for unemployment benefits increased marginally last week amid relatively low layoffs, despite the dragging war with Iran. Initial c...
May 28, 2026
CNN files lawsuit against Perplexity alleging unlawful content distribution
May 28 (Reuters) - CNN on Thursday filed a lawsuit against Perplexity in New York federal court, alleging the AI search engine provider is unlawfully distributing its copyrighted content, marking the ...
May 28, 2026
US Treasury rolls out Trump Accounts app nationwide
May 28 (Reuters) - The U.S. Department of the Treasury said on Thursday it had launched Trump Accounts on app stores nationwide, advancing a policy initiative that aims to create millions of investmen...
May 28, 2026
Tyson Foods taps former P&G executive to succeed veteran King as CEO
May 28 (Reuters) - Tyson Foods on Thursday named former Procter & Gamble executive Jeff Schomburger as its new CEO, set to replace Donnie King in the role from October. The shuffle at the top job come...
May 28, 2026
Baton Rouge to Melbourne: Iran war and rising prices upend jet fuel trade
By Seher Dareen and Shariq Khan LONDON/NEW YORK, May 28 (Reuters) - From Antwerp to the Seychelles, Baton Rouge to Melbourne, or New York to Namibia, the closure of the Strait of Hormuz has upended gl...
May 28, 2026
ECB's hold decision in April was close call for some, accounts show
FRANKFURT, May 28 (Reuters) - The European Central Bank's decision to keep rates unchanged in April was a close call for some policymakers as persistently high inflation made it increasingly hard to l...
May 28, 2026
