Category Archives:
Dollar extends gains after Fed rate decision
NEW YORK (Reuters) - The U.S. dollar extended its gains on Wednesday, after the Federal Reserve raised its target interest rate by three-quarters of a percentage point to stem a disruptive surge in in...
Jun 15, 2022
Explainer-What Americans face now as the Fed raises interest rates
(Reuters) - The U.S. Federal Reserve's big interest rate hike on Wednesday -- and the expectation of more to come -- is aimed at bringing down 40-year high inflation topping 8% on an annual basis in r...
Jun 15, 2022
Fed officials jack up rates, inflation outlook
(Reuters) - Federal Reserve officials on Wednesday ratcheted up their forecasts for where their target interest rate will be at the end of this year and next, and signaled they expect less near-term r...
Jun 15, 2022
Analysis-Markets suspect new ECB tool to address bond stress could mimic old tools
By Yoruk Bahceli and Dhara Ranasinghe LONDON (Reuters) - Rather than invent a radical new instrument to ease bond market strains across the euro bloc, investors reckon the European Central Bank might ...
Jun 15, 2022
Jan. 6 panel pressures Republican lawmaker with release of tour video
By Susan Heavey and Patricia Zengerle WASHINGTON (Reuters) - - The congressional panel investigating the Jan. 6, 2021 attack on the U.S. Capitol took aim at a fellow lawmaker on Wednesday as it releas...
Jun 15, 2022
Spotify to slow hiring by 25%
By Dawn Chmielewski (Reuters) - Spotify Technology SA Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25%, accor...
Jun 15, 2022
U.S. Senate gun bill talks hit snag over mental illness, abuse provisions
By Richard Cowan WASHINGTON (Reuters) - U.S. Senate negotiators, racing to settle details of bipartisan gun legislation, on Wednesday struggled to resolve serious disagreements over federal funding of...
Jun 15, 2022
Boeing not setting timetable for 737 MAX 10 approval
EVERETT, Wash. (Reuters) - Boeing on Wednesday said it was making progress but declined to offer a clear timeline when it believes it can win approval for its 737 MAX 10 as it faces a tougher regulato...
Jun 15, 2022
U.S. Senate votes to advance burn pits victims’ bill in move toward final vote
By Moira Warburton WASHINGTON (Reuters) -Legislation to improve health care and benefits for veterans exposed to toxic military burn pits in Iraq and Afghanistan advanced with bipartisan support in th...
Jun 15, 2022
Tesla’s Musk says he’s leaning towards DeSantis for president
WASHINGTON (Reuters) - Tesla Inc Chief Executive Elon Musk said he may support Florida governor Ron DeSantis for president in 2024, and predicted a "massive red wave" of Republican victories in the mi...
Jun 15, 2022
Peoria, IL, USA
42 °F Overcast
