Wall St rises after CPI data but Fed concerns persist

Consumer prices rise moderately in November Growth, real estate stocks climb as yields fall Modern surges on upbeat trial data Dow up 0.3%, S&P 500 up 0.73%, Nasdaq up 1.01% NEW YORK, Dec 13 (Reuters) – US stocks rose on Tuesday after an unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could … Read more

US grocer Kroger carts away Albertsons for $25 bln but faces antitrust test

Oct 14 (Reuters) – Kroger Co (KR.N) snapped up Albertsons Cos Inc (ACI.N) in a $25 billion deal on Friday, creating a US grocery behemoth to better compete with leader Walmart Inc (WMT.N) on prices while bracing for potential antitrust roadblocks. The mega merger between the No. 1 and 2 standalone grocers in the United … Read more