Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

April 29 (Reuters) - Pershing Square's shares opened at $24 in their New York Stock Exchange debut on Wednesday, as investors buy into billionaire activist Bill Ackman's alternative asset management c...

By Howard Schneider and Ann Saphir WASHINGTON, April 29 (Reuters) - Federal Reserve Chair Jerome Powell closed out eight years as head of the U.S. central bank on Wednesday with interest rates on hold...

By Darya Korsunskaya and Gleb Bryanski MOSCOW, April 29 (Reuters) - The Russian economy contracted by 0.3% in the first quarter, marking its first quarterly contraction since early 2023, preliminary d...

April 29 (Reuters) - The Federal Reserve will not cut interest rates this year, traders of short-term U.S. interest-rate futures bet on Wednesday, after the U.S. central bank left short-term borrowing...

By David Shepardson WASHINGTON, April 29 (Reuters) - A group representing major U.S. broadcasters on Wednesday called the Federal Communications Commission decision to launch an early review of the ei...

BRASILIA, April 29 (Reuters) - Brazil's central government posted a primary budget deficit of 73.78 billion reais ($14.76 billion) in March, Treasury data showed on Wednesday, wider than the 71.63 bil...

By Alex Lawler and Dmitry Zhdannikov LONDON, April 29 (Reuters) - OPEC+ will likely agree a small oil output quota hike on Sunday despite the loss of the lion's share of its exports due to the U.S.-Is...

By Liz Hampton and Arathy Somasekhar DENVER, April 29 (Reuters) - The United States became a net exporter of crude for the first time since World War Two as the country shipped a record volume of oil ...

By Leo Marchandon April 29 - Universal Music Group said on Wednesday it would sell half of its equity stake in Spotify and double its share buyback programme, as it reported first-quarter revenue held...

By Timothy Gardner WASHINGTON, April 29 (Reuters) - The U.S. Treasury Department on Wednesday extended by about a month a deadline for energy companies to strike deals to buy foreign assets of Russia'...