Category Archives:
Fed’s Barkin: Fed has time to see data before making next rate move call
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Richmond President Thomas Barkin said on Tuesday that the U.S. central bank still has time to decide on its next interest rate move as ...
Oct 17, 2023
Explainer-Biden’s latest China curbs are part of plan to shift chip production stateside
By Alexandra Alper WASHINGTON (Reuters) - The Biden administration's latest round of export curbs on China is part of a two-pronged strategy that aims to halt China's technological advances over fears...
Oct 17, 2023
Web Summit CEO apologises for comments on Israeli conflict
JERUSALEM (Reuters) - Web Summit Chief Executive and founder Paddy Cosgrave on Tuesday apologised for comments he made on the Israeli-Hamas conflict that prompted some technology companies and investo...
Oct 17, 2023
South Africa’s path to inflation stabilisation uncertain- cenbank
JOHANNESBURG (Reuters) - South Africa's central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about a precise path for inflation. T...
Oct 17, 2023
US business inventories increase in August
WASHINGTON (Reuters) - U.S. business inventories increased a bit more than expected in August even as sales surged, suggesting inventory investment could provide a lift to economic growth in the third...
Oct 17, 2023
Nigeria’s naira hits record low of 980 per dollar on official market -Refinitiv data
ABUJA (Reuters) -Nigeria's naira hit a record low of 980 per dollar on the official market on Tuesday, Refinitiv data showed, mirroring weakness on the parallel market, as persistent dollar shortages ...
Oct 17, 2023
Restored Paul McCartney and Wings tour bus to be auctioned
LONDON (Reuters) - A fully restored double-decker bus used by Paul McCartney and his band Wings for a 1972 European tour is headed for auction next month, with bids expected at $200,000-300,000. Forme...
Oct 17, 2023
Engaged Capital takes stake in VF Corp, stock jumps
NEW YORK (Reuters) - Engaged Capital's Chris Hetrick says the firm has built a position in apparel brand owner VF Corp and says the company is mismanaged and that its stock price could triple if those...
Oct 17, 2023
U.S. home builder confidence falls to lowest since January
By Amina Niasse NEW YORK (Reuters) - Homebuilder confidence fell in October to the lowest levels since January, according to a report released Tuesday, signaling sky-high mortgage rates are weighing o...
Oct 17, 2023
Tesla says US should adopt tougher fuel efficiency rules
WASHINGTON (Reuters) - Electric vehicle manufacturer Tesla on Tuesday urged the Biden administration to finalize much tougher fuel economy standards through 2032 than U.S. regulators have proposed. Th...
Oct 17, 2023
Peoria, IL, USA
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