Category Archives:
U.S. SEC charges Oppenheimer, BNY, Jefferies and TD over municipal bond disclosures
(Reuters) - The U.S. Securities and Exchange Commission (SEC) on Tuesday said it had charged Oppenheimer & Co, BNY Mellon, TD Securities and Jefferies, with failing to comply with municipal bond offer...
Sep 13, 2022
Wells Fargo CFO says there will be stress as economy slows
NEW YORK (Reuters) - Wells Fargo & Co is seeing loan growth moderating after strong growth so far this year and witnessing downward pressure on mortgage revenue as consumers feel the effect of higher ...
Sep 13, 2022
Gen Z struggles to save as inflation refuses to stop trending
(Reuters) - Gen Z is struggling to save and meet its financial goals in a world gripped with decades-high inflation and challenging economic conditions, a Bank of America survey showed on Tuesday. Mor...
Sep 13, 2022
Chip tech startup SiFive launches products aimed at automotive market
By Jane Lanhee Lee (Reuters) - Silicon Valley startup SiFive Inc on Tuesday launched three new products aimed at the automotive market, which is emerging as one of the hottest areas for chip makers wi...
Sep 13, 2022
Tesla supplier Aptiv to buy 85% stake in Intercable unit in EV tech push
(Reuters) - Tesla supplier Aptiv Plc said on Tuesday it would acquire a majority stake in a unit of Italy' Intercable for 595 million euros ($605.71 million), allowing the auto parts company access to...
Sep 13, 2022
Hot US Aug CPI seen cementing aggressive FOMC
NEW YORK (Reuters) - Monthly U.S consumer prices unexpectedly rose in August as declining gasoline prices were offset by gains in the costs of rent and food, giving cover for the Federal Reserve to de...
Sep 13, 2022
Fed seen delivering a 75-basis point hike next week, with more to come
(Reuters) - The Federal Reserve is seen delivering a third straight 75-basis point interest rate hike next week after a government report showed that consumer prices did not ease as expected in August...
Sep 13, 2022
Brazil services activity up 1.1% in July, beats expectations
SAO PAULO (Reuters) - Services activity in Brazil rose 1.1% in July from June, the country's statistics agency IBGE said on Tuesday, above the median 0.5% increase forecast in a Reuters poll of econom...
Sep 13, 2022
White House making new push to avert potential rail shutdown
WASHINGTON (Reuters) - The White House is making a new effort Tuesday to press railroads and unions to reach a deal to avoid a shutdown of the U.S. rail system, a government official told Reuters. Pre...
Sep 13, 2022
Polish PM flags higher minimum wage increases in 2023
WARSAW (Reuters) - Poland will raise the minimum wage twice next year and by more than previously planned, Prime Minister Mateusz Morawiecki said on Tuesday, as Poland's ruling party prepares for parl...
Sep 13, 2022
Peoria, IL, USA
42 °F Overcast
