Category Archives:
Brazil’s federal subsidies reach highest level in six years in 2022
BRASILIA (Reuters) - Brazil's federal government subsidies surged to the highest level in six years in 2022, said the Planning Ministry on Wednesday, in a sharp increase driven by elevated borrowing c...
Jun 07, 2023
Investor Druckenmiller expects hard landing for U.S. economy, bullish on AI
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) - U.S. investor Stanley Druckenmiller, chairman and Chief Executive Officer at Duquesne Family Office, said on Wednesday that he still expects...
Jun 07, 2023
Bank of Canada hikes rates to 4.75%, highest in 22 years
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Wednesday hiked its key overnight benchmark rate to 4.75%, the highest level in 22 years, on increasing concerns that infla...
Jun 07, 2023
Jack Daniel’s whiskey maker Brown-Forman tops sales estimates on higher prices, steady demand
(Reuters) - Brown-Forman Corp topped Wall Street estimates for quarterly sales on Wednesday, benefiting from higher prices as well as steady demand for its liquor brands such as Jack Daniel's whiskey,...
Jun 07, 2023
Coinbase CEO says company has been historically transparent with SEC – CNBC interview
(Reuters) - Coinbase Global's CEO Brian Armstrong said on Wednesday that the crypto exchange has a long history of being transparent with the U.S. Securities and Exchange Commission. Armstrong was spe...
Jun 07, 2023
OpenAI against regulation of smaller AI startups – CEO
NEW DELHI (Reuters) - OpenAI is against regulating smaller startups in the field of artificial intelligence, Sam Altman, Chief Executive of the firm behind ChatGPT, said at a conference in India's New...
Jun 07, 2023
Fed on hold in June, but one-third of economists expect another hike soon: Reuters poll
By Prerana Bhat and Indradip Ghosh BENGALURU (Reuters) - The U.S. Federal Reserve will not raise rates for the first time in well over a year at its June meeting, according to economists polled by Reu...
Jun 07, 2023
Former Trump aide Budowich to testify in classified documents probe -CNN
MIAMI (Reuters) - Taylor Budowich, a one-time aide to Donald Trump, was to appear before a grand jury on Wednesday in the federal probe of the former president's handling of classified documents after...
Jun 07, 2023
Swiss museum exhibits old photo collection of men in love
By Denis Balibouse and Gabrielle Ttrault-Farber GENEVA (Reuters) - At a museum in Geneva, Hugh Nini and his husband Neal Treadwell posed in front of their collection of photographs of men in love, inc...
Jun 07, 2023
Brazil inflation lowest in over two years amid calls for rate cuts
By Gabriel Araujo SAO PAULO (Reuters) -Consumer prices in Brazil decelerated more than expected in May, government data showed on Wednesday, with 12-month inflation hitting its lowest in more than two...
Jun 07, 2023
Peoria, IL, USA
54 °F Sunny
