Tag: Economic indicators
Norfolk Southern results complicated by derailment insurance payments, proxy fight and productivity
Norfolk Southern got a boost during the second quarter from insurance payments related to last year's disastrous East Palestine derailment, but it also...
US growth likely picked up last quarter after a sluggish start to 2024, reflecting resilient economy
WASHINGTON -- The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after having begun 2024...
Under President Milei, the worst economic crisis in decades puts Argentine ingenuity to the test
BUENOS AIRES, Argentina -- In the crush of anti-government protests paralyzing downtown Buenos Aires in the last months, some Argentines saw a traffic-induced...
Japan revises economic growth in 1Q downward, as latest data show sluggish demand and rising prices
BANGKOK -- Japan revised its earlier estimates to show that its economy contracted at a 2.9% annual pace in the first quarter of...
Microsoft breached antitrust rules by bundling Teams with office software, European Union says
LONDON -- Microsoft violated European Union antitrust rules with “possibly abusive” practices by tying its Teams messaging and videoconferencing app to its widely...
Cyprus says no let-up to fiscal discipline course as S&P raises country's credit rating to BBB+
NICOSIA, Cyprus -- Cyprus said Saturday it won’t let up on a course of strict fiscal discipline while supporting economically vulnerable groups and...