Business articles

US Fed officials say they may need to raise rates ‘fairly soon’

US central bankers say they may need to increase the key lending rate “fairly soon,” but are concerned about the uncertainty of President Donald Trump’s tax and spending policies, according to the minutes of their last meeting published Wednesday.

US existing home sales march higher in January

US sales of existing homes rose again in January to hit their fastest pace in nearly a decade despite rising prices and mortgage rates, according to data released Wednesday.

Airbus profits hit by military plane woes

European airplane maker Airbus said Wednesday that its profits nosedived last year as charges related to problems with its A400M military cargo transport plane sent earnings into a tailspin.

Duck cull hits French foie gras production

The French government on Tuesday ordered the slaughter of the last 600,000 ducks in a bird flu-hit southwest region at the forefront of the foie gras industry.

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