Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
US wholesale inventories jump in March amid surge in petroleum stocks
WASHINGTON, May 8 (Reuters) - U.S. wholesale inventories posted solid gains in March as petroleum stocks surged, suggesting companies may have front-loaded supplies in response to the war with Iran. S...
May 08, 2026
Bank of England's Bailey sees 'wrestle' with US on stablecoin regulation
By David Milliken LONDON, May 8 (Reuters) - Bank of England Governor Andrew Bailey said on Friday he expected there to be a "wrestle" between the United States and international regulators on the trea...
May 08, 2026
US consumer sentiment hits record low in early May
WASHINGTON, May 8 (Reuters) - U.S. consumer sentiment slumped to a record low in early May as higher gasoline prices weighed on household finances and purchasing power, a survey showed on Friday. The ...
May 08, 2026
Wall St opens higher after jobs data, chip rebound
May 8 (Reuters) - U.S. stocks opened higher on Friday after a stronger-than-expected employment report eased worries about a cooling labor market, while a rebound in chipmakers also bolstered investor...
May 08, 2026
Andean Community orders Colombia, Ecuador to lift trade curbs
QUITO, May 8 (Reuters) - The Andean Community ordered Colombia and Ecuador to lift all measures restricting trade between the two countries, the bloc said late on Thursday. The Community ruled on requ...
May 08, 2026
Mercedes-Benz Trucks and Buses Argentina inaugurates $110 million plant
By Eliana Raszewski BUENOS AIRES, May 8 (Reuters) - Mercedes-Benz Trucks and Buses Argentina on Friday inaugurated a $110 million industrial truck plant in Zrate, a municipality in Buenos Aires provin...
May 08, 2026
April jobs report shows continued strength
NEW YORK, May 8 (Reuters) - U.S. employment increased more than expected in April while the unemployment rate held steady at 4.3%, pointing to labor market resilience and reinforcing expectations that...
May 08, 2026
Strong US jobs data complicates any Warsh push for lower rates
By Michael S. Derby NEW YORK, May 8 (Reuters) - Strong U.S. hiring data in April dealt prospective Federal Reserve Chair Kevin Warsh's hopes of cutting interest rates a setback on Friday, giving offic...
May 08, 2026
Lilly's obesity pill tops 7,000 prescriptions in fourth week, signals modest uptake
By Sneha S K May 8 (Reuters) - Eli Lilly's new weight-loss pill, Foundayo, was prescribed 7,335 times in the U.S. in the fourth week, a modest uptake compared to rival Novo Nordisk's Wegovy pill, anal...
May 08, 2026
Global equity funds draw inflows for the seventh week on earnings optimism
May 8 (Reuters) - Global equity funds attracted inflows for a seventh straight week in the period through May 6, supported by upbeat first quarter earnings and hopes for a U.S.-Iran peace agreement. I...
May 08, 2026
