Category Archives:
Fed nominee Barr expected to get final Senate nod on Wednesday
WASHINGTON (Reuters) - The U.S. Senate on Wednesday is expected to confirm Michael Barr to the Federal Reserve Board and as the central bank's top banking regulator, a role in which he is set to bolst...
Jul 13, 2022
Euro falls below dollar parity for first time since 2002
By Elizabeth Howcroft LONDON (Reuters) -The euro dropped below parity against the dollar on Wednesday for the first time in almost two decades, as a hawkish U.S. Federal Reserve and growing concern ab...
Jul 13, 2022
Analysis-Euro-dollar parity leaves ECB facing costly choices
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The euro's tumble to parity against the dollar has pushed the European Central Bank back against a wall, leaving its policymakers with only...
Jul 13, 2022
Hot US June CPI turns up pressure on the Fed
NEW YORK (Reuters) - U.S. consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in four decades and cementing the case...
Jul 13, 2022
Gasoline, food drive U.S. consumer prices higher in June
WASHINGTON (Reuters) - U.S. consumer prices accelerated in June as gasoline and food costs remained elevated, resulting in the largest annual increase in inflation in 40-1/2 years and cementing the ca...
Jul 13, 2022
Animals in Madrid Zoo chew on popsicles for heatwave relief
MADRID (Reuters) - With temperatures soaring above 40 degrees Celsius (104F) amid a searing heatwave in Spain, Madrid Zoo's top celebrity, Bing Xing the giant panda, enjoyed watermelon popsicles on We...
Jul 13, 2022
No change in U.S. policy on Palestinian consulate in Jerusalem, spokesman says
JERUSALEM (Reuters) - The White House spokesperson John Kirby said National Security Adviser Jake Sullivan misspoke on Wednesday when he told reporters that the United States wished for a Palestinian ...
Jul 13, 2022
Latin America steel demand to fall in 2022 -industry report
By Kylie Madry MEXICO CITY (Reuters) - Steel demand in Latin America could dip through 2022 as the industry faces regional inflationary pressures, price hikes from the Russian invasion of Ukraine and ...
Jul 13, 2022
Ahead of Saudi visit, White House signals COVID requires Biden to avoid handshakes
By Steve Holland and Jarrett Renshaw ON BOARD AIR FORCE ONE (Reuters) - U.S. President Joe Biden will seek to reduce direct contact, such as shaking hands, during his visit to Israel and Saudi Arabia ...
Jul 13, 2022
KKR’s first asset-based finance fund raises $2.1 billion
(Reuters) - Global Investment firm KKR & Co Inc on Wednesday closed its first asset-backed finance fund with about $2.1 billion from investors who are increasingly turning to collateral-based cash flo...
Jul 13, 2022
Peoria, IL, USA
53 °F Mist
