Category Archives:
US Fed’s Daly says rate hikes essential to bring down prices
(Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Thursday reiterated that rate hikes will be essential to bring down high inflation in the United States. Daly has previously said ...
Syndicated Content Jul 13, 2023
U.S. judge says SEC lawsuit vs Ripple Labs can proceed to trial on some claims
(Reuters) -U.S. District Judge Analisa Torres said Ripple Labs Inc's institutional sales of its XRP digital token violated federal law because they constituted the unregistered offer and sale of inves...
Syndicated Content Jul 13, 2023
Top US sanctions architect to lead Treasury’s financial crimes team -Yellen
WASHINGTON (Reuters) - Andrea Gacki, a veteran U.S. Treasury official who helped design Washington's Russia sanctions strategy, has been appointed director of the department's Financial Crimes Enforce...
Syndicated Content Jul 13, 2023
Column-Fed’s rate hike lags are about to bite: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - For the Fed and the U.S. economy, the hard bit starts now. Depending on the length of monetary policy's 'long and variable' lag, a good chunk - perhaps e...
Syndicated Content Jul 13, 2023
Group challenges Texas ban on TikTok for public university employees
WASHINGTON (Reuters) - A group on Thursday sued the state of Texas over its ban on public university employees from using Chinese-owned app TikTok on state-owned devices or networks, arguing it is com...
Syndicated Content Jul 13, 2023
Associated Press, OpenAI partner to explore generative AI use in news
(Reuters) - News publisher Associated Press said on Thursday that it had reached an agreement with OpenAI to share access to select news content and technology as the two firms explore the use of gene...
Syndicated Content Jul 13, 2023
IMF says China growth slowing after strong Q1 reopening
WASHINGTON (Reuters) - China's economy is slowing due to weaker private investment, slowing exports and reduced domestic demand after a strong performance in the first quarter as the economy reopened ...
Syndicated Content Jul 13, 2023
Former executives at college aid startup Frank plead not guilty to defrauding JPMorgan Chase
NEW YORK (Reuters) - The founder and a former executive of college financial aid startup Frank pleaded not guilty on Thursday to U.S. charges of defrauding JPMorgan Chase into buying the company for $...
Syndicated Content Jul 13, 2023
Sensodyne toothpaste-maker Haleon planning job cuts – The Guardian
(Reuters) -Haleon, the world's biggest standalone consumer health business, is planning to cut hundreds of roles in the UK and worldwide, the Guardian reported on Thursday. The company behind the Sens...
Syndicated Content Jul 13, 2023
Factbox-Analysts guarded as AI-driven US stock rally faces earnings test
(Reuters) - Analysts are cautiously optimistic as second-quarter reporting season rolls out amid this year's rally in U.S. stocks fueled by optimism over artificial intelligence (AI) and a resilient U...
Syndicated Content Jul 13, 2023
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