Business
Feb 27, 2024
Stocks pause as key inflation data eyed

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near flat on Tuesday ahead of inflation and other economic data that could shed light on the possible timing of a Federal Reserve interest rate cut. As corporate earnings season winds…

Business
Feb 27, 2024
US court gets 12 preliminary bids in Citgo share auction

By Marianna Parraga and Tom Hals HOUSTON/WILMINGTON (Reuters) -A U.S. court is weighing 12 initial bids from private investment funds and companies participating in an auction of shares of refiner Citgo Petroleum's parent, a court officer said on Tuesday, a…

Business
Feb 27, 2024
Norwegian Cruise forecasts upbeat Q1 profit on record demand

By Doyinsola Oladipo and Ananya Mariam Rajesh (Reuters) - Norwegian Cruise Line Holdings forecast a first-quarter profit above Wall Street estimates on Tuesday, as it controls costs and benefits from higher ticket prices and steady demand for cruises globally, sending…