U.S. applications for unemployment benefits fell slightly last week as businesses continue to retain employees in an economy that has largely withstood rapidly rising interest rates for more than a year

An inflation gauge closely tracked by the Federal Reserve remained low last month, adding to signs of cooling price increases and raising the likelihood that the Fed will leave interest rates unchanged when it next meets in late September

By Milounee Purohit and Devayani Sathyan BENGALURU (Reuters) -The Bank of Canada is expected to hold its key interest rate

RALEIGH, N.C.--(BUSINESS WIRE)--Aug 31, 2023--

Sage Therapeutics said on Thursday it would cut its workforce by about 40%, weeks after the U.S. health

Global stock markets are mostly higher ahead of updates on United States inflation and hiring that traders hope will persuade the Federal Reserve no more interest hikes are needed

Inflation paused its decline in Europe in August

Japanese retailer Seven & i Holdings Co. is selling department store chain Sogo & Seibu Co. to a U.S. investment fund, as the labor union went on strike ahead of the announcement

CARY, N.C. & LONDON--(BUSINESS WIRE)--Aug 31, 2023--

Swiss bank UBS announced plans to save $10 billion in costs as it moves ahead with “full integration” of longtime rival Credit Suisse’s domestic operations, releasing its first earnings report since the government-orchestrated merger to help stave off a possible global financial meltdown

By Tommy Wilkes and Simon Jessop LONDON More than 30 investors have called on proxy advisor ISS to

BASEL, Switzerland & SHANGHAI--(BUSINESS WIRE)--Aug 31, 2023--