International Economic
US CEO changes were up 8.9% in March, Challenger says
Faced with disruptive new challengers, C-suite occupants in the US are increasingly opting to make a graceful exit, the results of a survey show.
WTI futures higher even after DoE reports jump in US crude oil stockpiles
US oil inventories surged last week, but the increase was almost completely offset by drops in product stockpiles.
Europe close: Stocks move higher as ECB chief retains cautious streak
Stocks on the Continent finished mostly higher on Wednesday with caution on the part of European Central Bank chief Mario Draghi helping to reassure investors ahead of the outcome of the EU leaders' summit which was expected later in the day.
US core CPI for March falls short of economists' forecasts
Inflationary pressures in the States picked up last month, as energy prices extended their recent rebound, but the underlying picture was one of more subdued price increases.
ECB stays put on rates, reiterates guidance
Rate-setters at the European Central Bank stayed put on interest rates on Wednesday and reiterated guidance for them to remain unchanged at least through the end of the year.
Microsoft's involvement with Chinese military's AI tech raises US concerns
The US government is concerned about Microsoft’s involvement in the development of artificial intelligence technology with a Chinese university run by the country's military that is intended for use in surveillance and censorship.