Category Archives:
Bullard: Improvement in labor force not happening fast enough to ease inflation
(Reuters) - The U.S. labor force is not increasing fast enough to help with the Fed's immediate battle with inflation, St. Louis Fed president James Bullard said Thursday, discounting the hope that a ...
Apr 07, 2022
Senate set to confirm Jackson as first Black woman on U.S. Supreme Court
By Lawrence Hurley, Andrew Chung and Richard Cowan WASHINGTON (Reuters) - The U.S. Senate was set on Thursday to confirm Ketanji Brown Jackson as the first Black woman to serve on the Supreme Court, a...
Apr 07, 2022
HP soars to a record after Buffett’s Berkshire reveals $4.2 billion stake
By Jonathan Stempel (Reuters) - HP Inc's stock soared to a record high on Thursday after Warren Buffett's Berkshire Hathaway Inc revealed it had taken an 11.4% stake valued at about $4.2 billion in th...
Apr 07, 2022
U.S. cracks down on Russian airlines after flights violated export controls
By David Shepardson and Karen Freifeld WASHINGTON/NEW YORK (Reuters) - The U.S. Commerce Department issued enforcement actions against Aeroflot, Azur Air, and UTair on Thursday, saying the three Russi...
Apr 07, 2022
Russian authorities aim at making rouble rate more predictable – Ifax
(Reuters) - The Russian finance ministry together with the central bank are working on measures to make the rouble exchange rate more predictable and less volatile, Finance Minister Anton Siluanov sai...
Apr 07, 2022
Citigroup allows clients to cancel depositary receipts in Russian companies – sources
(Reuters) - Citigroup has started to allow holders of depositary receipts in Russian companies to cancel them, two sources familiar with the matter said on Thursday. Citi's move follows steps taken by...
Apr 07, 2022
Moscow doubles subsidies to attract new local foodchains to the city
(Reuters) - Moscow has doubled the state support available for opening a fastfood chain in the city to 5 million roubles ($63,000), a city spokeswoman told Reuters, hoping this will help plug the gap ...
Apr 07, 2022
St. Louis Fed’s Bullard says Fed still seems “behind the curve”
By Howard Schneider (Reuters) - The Federal Reserve remains behind in its fight against inflation despite increases in mortgage rates and government bond yields that have raced ahead of actual changes...
Apr 07, 2022
Massive power outage leaves a third of Puerto Rico in the dark
(Reuters) - Crews in Puerto Rico worked to restore electricity to almost a third of the island on Thursday as utility officials tried to pinpoint the exact cause of the massive outage on the Caribbean...
Apr 07, 2022
Japan buyers agree to Q2 aluminium premium of $172/T, sources say
By Yuka Obayashi TOKYO (Reuters) - The premium for aluminium shipments to Japanese buyers for April to June was set at $172 a tonne, down 2.8% from the previous quarter, as weak demand in Japan and Ch...
Apr 07, 2022
Peoria, IL, USA
58 °F Sunny
