Powell’s high-stakes bet: More jobs but only mild inflation
WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.
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Warren Buffett’s firm reports $12B profit before its meeting
OMAHA, Neb. — Warren Buffett's company reported a nearly $12 billion profit in the first quarter a year after a major loss when the...
Officials in Switzerland push back at Biden ‘tax haven’ barb
GENEVA — Swiss authorities are taking issue with U.S. President Joe Biden's comment that many companies use Switzerland, and two other territories, as tax...
Exxon posts $2.7B quarterly profit after unprecedented year
NEW YORK — Exxon Mobil reported profits of $2.73 billion in the first quarter, after a tumultuous year led to major spending reductions.
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A look at how US corporations manage the tax system
WASHINGTON — As American corporations have generated an ever-smaller share of federal tax revenue, the burden has fallen more heavily on individuals, through the...
German unemployment steady in April despite lockdown
BERLIN — Unemployment in Germany remained steady in April, according to official figures Thursday, as pandemic lockdown measures in Europe’s largest economy appeared not...
Companies sound alarm over commodity price hikes
Toilet paper, baby care products, soft drinks and many other everyday products are about to get more expensive.
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Fired CEO: Remarks were over male teen’s behavior, not dress
NASHVILLE, Tenn. — A Tennessee man who was fired from his position as CEO of a telemedicine company for remarks he made to a...
Ramaphosa denies wrong in raising election campaign funds
JOHANNESBURG —
South African President Cyril Ramaphosa has claimed there...
