Category Archives:
Argentina inflation tops 160% spotlighting challenge for Milei
By Hernan Nessi and Lucila Sigal BUENOS AIRES (Reuters) - Argentina's annual inflation rate hit 161% in November, faster than expected and the highest monthly figure this year, laying bare the dauntin...
Dec 13, 2023
Exclusive-GM’s Cruise robotaxi unit dismisses nine people after safety investigation
By Greg Bensinger (Reuters) - General Motors' Cruise robotaxi unit dismissed nine key people amid an ongoing safety investigation, a spokesperson for Cruise confirmed to Reuters on Wednesday. (Reporti...
Dec 13, 2023
Brazil central bank cuts rates by 50 bps, signals same beyond January
By Marcela Ayres BRASILIA (Reuters) - Brazil's central bank lowered its benchmark interest rate by 50 basis points on Wednesday for the fourth time in a row and signaled that it would keep cutting rat...
Dec 13, 2023
Teachers sue over Florida law banning use of preferred pronouns
By Daniel Wiessner (Reuters) - Three teachers in Florida on Wednesday sued the state over its law prohibiting transgender and nonbinary teachers from using their preferred pronouns in school, saying i...
Dec 13, 2023
New Zealand economy unexpectedly contracts in third quarter
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's economy unexpectedly contracted in the third quarter as a number of industries including manufacturing and construction saw activity slow and house...
Dec 13, 2023
BofA’s former head of wealth, private bank Keith Banks to retire
By Lananh Nguyen NEW YORK (Reuters) - Bank of America executive Keith Banks, who ran several of its major businesses, will retire at the end of February after more than four decades in finance, the co...
Dec 13, 2023
Oprah Winfrey portrait unveiled at National Portrait Gallery
By Jeff Mason WASHINGTON (Reuters) - Media personality and former talk show host Oprah Winfrey's portrait was unveiled at the Smithsonian's National Portrait Gallery on Wednesday, adding her likeness ...
Dec 13, 2023
Fed’s Powell not ready to say when balance sheet wind-down ends
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday that central bank officials have yet to decide when they will end their balance sheet reduction effort ev...
Dec 13, 2023
Peru’s central bank: inflation may hit target sooner than expected
LIMA (Reuters) - Peru's inflation rate could converge to the central bank's target sooner than expected, the head of the bank said on Wednesday, arguing that the rate of rising prices in the Andean na...
Dec 13, 2023
Marketmind:’Melt up’ as Fed accelerates pivot
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets are poised for lift off on Thursday, fueled by the dovish tilt from the Federal Reserve's final policy meeting of ...
Dec 13, 2023
Peoria, IL, USA
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