Category Archives:
Britain to push ahead with readying ground for a digital pound
By Huw Jones LONDON (Reuters) - Getting the design of a digital pound right is a bigger priority than a rapid launch, Britain's Financial Services Minister Andrew Griffith said on Tuesday. China has p...
Jan 10, 2023
JPMorgan’s Dimon says U.S. consumer health in good shape – report
(Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said the American consumer was still strong in the face of heightened economic uncertainties, in an interview with Fox Business publ...
Jan 10, 2023
Analysis-Central Europe’s path to lower inflation strewn with hazards
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) - Romania's 25 basis point rate hike on Tuesday may signal an end to Central Europe's aggressive 18-month campaign of monetary tightening but pers...
Jan 10, 2023
World Bank warns global economy could easily tip into recession in 2023
By David Lawder WASHINGTON (Reuters) - The World Bank slashed its 2023 growth forecasts on Tuesday to levels teetering on the brink of recession for many countries as the impact of central bank rate h...
Jan 10, 2023
Gemini’s Winklevoss calls for removal of DCG chief Barry Silbert
(Reuters) - Cryptocurrency exchange Gemini co-founder Cameron Winklevoss on Tuesday called for the removal of Digital Currency Group Inc (DCG) chief Barry Silbert, amid tensions between the two high-p...
Jan 10, 2023
More heavy rains, damaging winds torment California
(Reuters) - The latest Pacific storm unleashed torrential downpours and damaging winds in California on Tuesday, a day after heightened flood and mudslide risks prompted thousands of evacuations and c...
Jan 10, 2023
Abbvie raises sales outlook of two new drugs to more than $17.5 billion in 2025
(Reuters) - AbbVie Inc on Tuesday raised its sales forecast of new drugs Skyrizi and Rinvoq for 2025 to more than $17.5 billion, compared with its previous outlook of more than $15 billion. The revise...
Jan 10, 2023
Over 220,000 still without power due to California storm
(Reuters) - More than 220,000 homes and businesses were still without power on Tuesday, as severe flooding hits California after a massive storm last week, according to data from PowerOutage.us. Bad w...
Jan 10, 2023
UK parliament considers recalling Amazon exec after lawmaker “unhappy” with testimony
By Martin Coulter LONDON (Reuters) - A British parliamentary committee will discuss recalling a senior Amazon executive on Tuesday after at least one member raised concerns he may have given "misleadi...
Jan 10, 2023
Powell: Fed needs independence to fight inflation, should avoid climate policy
By Lindsay Dunsmuir and Howard Schneider STOCKHOLM (Reuters) - The Federal Reserve's independence from political influence is central to its ability to battle inflation, but requires it stay out of is...
Jan 10, 2023
Peoria, IL, USA
63 °F Overcast
