WASHINGTON, June 21 (Reuters) – The U.S. Federal Trade Commission on Wednesday accused Amazon.com (AMZN.O) of signing up millions of consumers to its paid subscription service Amazon Prime without their consent and of making difficult to cancel them, the agency said. latest action against the e-commerce giant in recent weeks. The FTC sued Amazon in … Read more
Retail sales increased by 0.3% in May; base sales increase of 0.2% Weekly jobless claims unchanged at 262,000 Manufacturing output increases by 0.1% in May Import prices fell by 0.6%; down 5.9% year-on-year WASHINGTON, June 15 (Reuters) – U.S. retail sales rose unexpectedly in May as consumers stepped up purchases of motor vehicles and building … Read more
(1/2) People shop at a supermarket as inflation has hit consumer prices in Manhattan, New York, U.S., June 10, 2022. REUTERS/Andrew Kelly The producer price index fell by 0.3% in May PPI rises 1.1% year over year, smallest gain since 2020 PPI excluding food, energy, commercial services unchanged WASHINGTON, June 14 (Reuters) – U.S. producer … Read more
(1/2) The Federal Reserve Building is pictured in Washington, U.S. March 19, 2019. REUTERS/Leah Millis/File Photo WASHINGTON, June 14 (Reuters) – The Federal Reserve is expected to leave interest rates unchanged on Wednesday for the first time since the U.S. central bank launched a historically aggressive monetary tightening cycle in March 2022. But don’t call … Read more
June 12 (Reuters) – The Federal Trade Commission on Monday asked a court to temporarily block the acquisition of Activision Blizzard (ATVI.O) by Microsoft Corp (MSFT.O), seeking to prevent the deal from closing before the government’s lawsuit against the $69 billion. agreement is heard. The FTC said Microsoft and Activision signaled the deal could close … Read more
WASHINGTON/DUBAI, June 8 (Reuters) – Both the United States and Iran on Thursday denied reports that they were close to an interim deal under which Tehran would curb its nuclear program in exchange for relief from nuclear weapons. penalties. “This report is false and misleading,” a White House National Security Council spokesman said, referring to … Read more
Weekly jobless claims rise by 2,000 to 232,000 Continuing requests up 6,000 to 1.795 million Private payroll increases by 278,000 in May WASHINGTON, June 1 (Reuters) – The number of Americans filing new claims for unemployment benefits rose slightly last week, indicating continued tightness in the labor market that could push the Federal Reserve to … Read more
WASHINGTON, May 31 (Reuters) – A former employee of Amazon.com’s Ring doorbell camera unit spied on female customers for months in 2017 with cameras placed in bedrooms and bathrooms, said on Wednesday the Federal Trade Commission in a court filing when it announced a $5.8 million settlement with the company over privacy violations. Amazon also … Read more
Nvidia reaches $1 trillion in market capitalization for the first time US consumer confidence better than expected in May May 30 (Reuters) – Shares on Wall Street closed mixed on Tuesday, pressured by concerns over U.S. lawmakers opposed to a deal to raise the debt ceiling by $31.4 trillion, but buoyed by news rise in … Read more
Weekly jobless claims rise by 4,000 to 229,000 Claims data for the previous two weeks has been revised down First quarter GDP growth revised to 1.3% Declining corporate profits in the first quarter WASHINGTON, May 25 (Reuters) – The number of Americans filing new claims for unemployment benefits increased moderately last week and data for … Read more
