Hottest Trends – Page 2 – Investing Trends

May 2, 2024 No Responses

US productivity slows sharply in first quarter

WASHINGTON (Reuters) – U.S. worker productivity growth slowed sharply in the first quarter, resulting in a surge in labor costs, but the trend in productivity remained solid. Nonfarm productivity, which measures hourly output per worker, increased at a 0.3% annualized...

April 26, 2024 No Responses

US tests show pasteurized milk safe as bird flu spreads to Colorado

By Julie Steenhuysen, Tom Polansek (Reuters) -Additional tests of milk showed that pasteurization killed the bird flu virus, federal health officials said on Friday, as Colorado became the ninth U.S. state to report an infected dairy herd. Federal lawmakers ur...

April 26, 2024 No Responses

Drugmaker AbbVie expects Humira volume erosion to worsen

By Leroy Leo and Christy Santhosh (Reuters) -AbbVie expects a drop in sales volumes of its blockbuster arthritis drug Humira to deepen after recent changes by U.S. pharmacy benefit managers and as patients shift to other drugs. Its shares were...

April 26, 2024 No Responses

Two senators want US to order Tesla to restrict Autopilot use

WASHINGTON (Reuters) – Two U.S. senators on Friday urged regulators to bar Tesla from allowing the use of driver assistance system Autopilot on roads where it is not intended. Democratic Senators Ed Markey and Richard Blumenthal said the National Highway...

April 26, 2024 No Responses

Warren Buffett’s real estate brokerage reaches $250 million antitrust settlement

By Jonathan Stempel (Reuters) – A real estate brokerage owned by Warren Buffett’s Berkshire Hathaway said on Friday it reached a $250 million settlement of nationwide antitrust litigation that is expected to change how real estate agents are paid. ...

April 26, 2024 No Responses

Analysis-Investors brace for 5% Treasury yields as US inflation worries mount

By David Randall NEW YORK (Reuters) – As U.S. inflation worries grow, some investors are preparing for the 10-year U.S. Treasury yield to breach a 16-year high of 5% hit last October. Bond yields, which move inversely to prices, have...

April 26, 2024 No Responses

‘End of oil not in sight’, OPEC Secretary General says in MEES article

LONDON (Reuters) – The end of oil is not in sight, OPEC’s top official said, as the pace of energy demand growth means that alternatives cannot replace it at the needed scale, and the focus should be on cutting emissions...

March 20, 2024 No Responses

US lawmakers ask Biden administration to increase tariffs on Chinese-made drones

By David Shepardson WASHINGTON (Reuters) -A bipartisan group of U.S. lawmakers on Wednesday asked the Biden administration to impose higher tariffs on Chinese drones, including those shipped from other countries, and new incentives to boost U.S. drone manufact...

March 20, 2024 No Responses

Chipotle shares breach $3,000 on first ever stock-split plan

By Savyata Mishra (Reuters) -Chipotle Mexican Grill’s stock breached the $3,000 mark for the first time on Wednesday and closed 3.5% higher after the burrito chain’s board approved a 50-for-1 stock split, hoping to entice investors wary of its loft...