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Factbox-What global banks forecast for Fed rate hikes in 2022
(Reuters) - Major U.S. investment banks have pencilled in a strong run of interest rate hikes for 2022 after hotter-than-expected inflation data ramped up pressure on the Federal Reserve to take a fir...
Syndicated Content Feb 11, 2022
US Foods splits chief executive officer and chairman roles
By Svea Herbst-Bayliss BOSTON (Reuters) - US Foods Holding Corp said on Friday it has split its chief executive officer and chairman roles after coming under pressure from an activist investment firm ...
Syndicated Content Feb 11, 2022
Swiss labour unions launch demand for SNB cash to bail out pensions
ZURICH (Reuters) -The Swiss Trade Union Federation (SGB) decided on Friday to launch a campaign for a referendum on tapping into the Swiss National Bank's cash pile to help shore up the national pensi...
Syndicated Content Feb 11, 2022
Zillow sells more homes to Pretium as home-flipping operation unwinds – Bloomberg News
(Reuters) - Online real estate platform Zillow Group Inc is selling more properties to New York-based investment firm Pretium Partners as it exits the business of flipping houses, Bloomberg News repor...
Syndicated Content Feb 11, 2022
U.S. consumer sentiment drops to more than 10-year low in February – survey
WASHINGTON (Reuters) - U.S. consumer sentiment fell to its lowest level in more than a decade in early February amid expectations that inflation would continue to rise in the near term, a survey showe...
Syndicated Content Feb 11, 2022
Germany and Austria told to curb boom in home prices
FRANKFURT (Reuters) -Germany and Austria should curb a boom in house prices by setting caps on mortgages and forcing banks to build up more capital, the European Union's financial stability watchdog s...
Syndicated Content Feb 11, 2022
Ghost village emerges in Spain as drought empties reservoir
By Guillermo Martinez CONCELLO DE LOBIOS, Spain (Reuters) - A ghost village that has emerged as drought has nearly emptied a dam on the Spanish-Portuguese border is drawing crowds of tourists with its...
Syndicated Content Feb 11, 2022
US equity funds see biggest inflow in six weeks
(Reuters) - U.S. equity funds lured massive inflows in the week to Feb. 9 as upbeat earnings reports and signs of easing tensions in Ukraine boosted risk appetite. Refinitiv data showed U.S. equity fu...
Syndicated Content Feb 11, 2022
Renovation of Nazi ally’s Kosovo house causes ire
MITROVICA, Kosovo (Reuters) - The renovation of a house in Kosovo that belonged to a minister in a pro-Nazi government during World War Two has prompted an outcry, with Germany warning of historical "...
Syndicated Content Feb 11, 2022
U.S. Fed staff reported securities trades amid bank’s 2020 stimulus moves – WSJ
(Reuters) - Two senior U.S. Federal Reserve staffers reported a series of financial market trades in early 2020, The Wall Street Journal on Friday, citing financial disclosure forms reviewed by the ne...
Syndicated Content Feb 11, 2022
Peoria, IL, USA
50 °F Partly cloudy
