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Eurozone cuts interest rate for first time in 5 years
BBC via Yahoo Finance· 2 hours agoThat follows Canada's decision on Wednesday to cut its official lending rate. The ECB's move comes...
ECB Cuts Interest Rates for First Time Since 2019
The Wall Street Journal· 55 minutes agoThe quarter-point rate cut potentially puts the ECB and the Fed on different tracks and widens an existing gap in borrowing costs between the U.S. and...
Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
Houston Chronicle· 1 hour agoThe European Central Bank cut its key interest rate Thursday by a quarter-point, moving ahead of the...
ECB and Canada cut rates as easing among big economies gets going
Reuters via Yahoo News· 2 hours agoInterest rate cuts from the European Central Bank and Bank of Canada this week mean monetary easing...
First-Quarter US Labor Costs Marked Down on Weaker Output, Hours
Bloomberg via Yahoo Finance· 3 hours ago(Bloomberg) -- US labor costs increased in the first quarter by less than previously reported,...
Lagarde’s Reluctant Cut Leaves Markets Guessing on Next ECB Move
Bloomberg via Yahoo Finance· 57 minutes ago(Bloomberg) -- The European Central Bank delivered on its promise to cut interest rates but left...
ECB Officials All But Rule Out July Cut With September Unclear
Bloomberg via Yahoo Finance· 57 minutes ago(Bloomberg) -- European Central Bank officials are all but excluding a second interest-rate cut in...
Intel and Japan's Sharp Team Up to Innovate Chip Production, Cut Costs
Benzinga via Yahoo Finance· 2 hours agoIntel Corp (NASDAQ:INTC) and 14 Japanese partner companies will use Sharp’s underutilized LCD plants...
US weekly jobless claims edge higher, Q1 labor costs revised lower
Reuters via Yahoo Finance· 3 hours agoInitial claims for state unemployment benefits rose 8,000 to a seasonally adjusted 229,000 for the...
Eli Lilly (LLY) Veteran Anat Ashkenazi to Join Alphabet as CFO
Zacks via Yahoo Finance· 2 hours agoEli Lilly and Company LLY announced that its executive vice president and chief financial officer...