Category Archives:
Fed’s Mester says next phase is to see how long its policy needs to remain ‘restrictive’ – FT
(Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said financial markets had got "a little bit ahead" of the central bank on when to expect interest rate rates, the Financial Time...
Dec 18, 2023
EU opens proceedings against X in first probe under new rules
By Supantha Mukherjee PARIS/STOCKHOLM (Reuters) -The European Union on Monday said it would launch an investigation of social media company X, formerly known as Twitter, over a suspected breach of obl...
Dec 18, 2023
Futures edge higher as Treasury yields slip, eyes on data
(Reuters) - U.S. stock index futures edged higher on Monday as Treasury yields slipped ahead of economic data this week that could offer insights on when the Federal Reserve could start cutting intere...
Dec 18, 2023
Exclusive-Turkey saves $2 billion on Russian oil as imports soar despite sanctions
MOSCOW (Reuters) - Turkey and Turkish companies have saved around $2 billion on energy bills in 2023 by raising imports of discounted Russian oil and refined products, Reuters calculation based on LSE...
Dec 18, 2023
Coal in the Fed’s stocking last year turned to sugar plums in 2023
By Howard Schneider WASHINGTON (Reuters) - The U.S. Federal Reserve started 2023 on a grim note, with staffers calling a recession "plausible," and policymakers penciling in growth near stall speed an...
Dec 18, 2023
Supreme Court, public, pay tribute Sandra Day O’Connor
By Andrew Chung and John Kruzel WASHINGTON (Reuters) - The U.S. Supreme Court and members of the public on Monday will pay tribute to Sandra Day O'Connor, the court's first female justice, who died on...
Dec 18, 2023
Japan’s Nippon Steel to buy U.S. Steel in $14.9 billion deal
(Reuters) - Nippon Steel said on Monday it would buy U.S. Steel in a deal worth $14.9 billion including debt, months after the steelmaker put itself up for sale. (Reporting by Shivansh Tiwary in Benga...
Dec 18, 2023
Goldman Sachs faces rocky exit from Apple credit card partnership
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit from a partnership that is seen by o...
Dec 18, 2023
Wars raise profit outlook for US defense industry in 2024
By Mike Stone WASHINGTON (Reuters) - When the Pentagon pulled the world's biggest defense contractors into a meeting to tell them to ramp up production shortly after Russia invaded Ukraine, one CEO he...
Dec 18, 2023
Trump to install loyalists to reshape U.S. foreign policy. Diplomats gird for “doomsday”
By Gram Slattery, Simon Lewis, Idrees Ali and Phil Stewart WASHINGTON (Reuters) - Donald Trump in a second term would likely install loyalists in key positions in the Pentagon, State Department and CI...
Dec 18, 2023
Peoria, IL, USA
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