Category Archives:
Fed’s Kashkari says rate hike ‘pause’ conceivable in spring
By Ann Saphir (Reuters) - The Fed will likely raise rates in March to tamp down on too-high inflation, Minneapolis Fed President Neel Kashkari said on Friday, but its actions after that will depend on...
Jan 28, 2022
Michael Avenatti cross-examines ex-client Stormy Daniels in his fraud trial
By Luc Cohen NEW YORK (Reuters) - Fallen lawyer Michael Avenatti continued cross-examining porn actress Stormy Daniels on Friday at his trial on charges he defrauded his former client, in a courtroom ...
Jan 28, 2022
Monetary policy effect on global inflation drivers may be ‘limited’ -NY Fed
By Jonnelle Marte (Reuters) - Domestic monetary policy actions may do little to tame some of the inflation being driven by global supply chain pressures, researchers for the New York Federal Reserve s...
Jan 28, 2022
Union Pacific to buy 10 battery locomotives from Caterpillar
By Bianca Flowers (Reuters) - Union Pacific Corp plans to buy 10 battery locomotives from Caterpillar Inc, Caterpillar's CFO Andrew Bonfield said in an interview on Friday. The deal, which had not pre...
Jan 28, 2022
Explainer-The regulatory and legal headwinds facing Robinhood
By Chris Prentice and Michelle Price WASHINGTON (Reuters) - Robinhood Markets is still facing a number of legal and regulatory threats a year after the retail "meme stock" trading frenzy led the broke...
Jan 28, 2022
UK’s rich and poor face similar inflation – but different economic pain
By Andy Bruce LONDON (Reuters) - Britain's rich and poor alike are experiencing surges in inflation, official data showed on Friday, although soaring food and energy prices mean low-income households ...
Jan 28, 2022
Winter storm to blast U.S. Northeast with blizzard-like conditions
(Reuters) - A powerful Nor'easter storm is expected to hammer parts of New England and the Middle Atlantic region this weekend with blizzard-like conditions that will make travel treacherous and bring...
Jan 28, 2022
Argentina strikes breakthrough deal with IMF in $40 billion debt talks
By Agustin Geist and Nicols Misculin BUENOS AIRES (Reuters) - Argentina has struck a deal for a $44.5 billion standby agreement with the International Monetary Fund (IMF), the government said on Frida...
Jan 28, 2022
Bank of America says it expects seven Fed rate hikes this year
(Reuters) - Bank of America economists said on Friday that they expect the Federal Reserve to hike rates by 25 basis points seven times this year, beginning in March, as the U.S. central bank battles ...
Jan 28, 2022
Automaker Stellantis to suspend COVID-19 vaccine mandate for U.S. staff
(Reuters) - Automaker Stellantis NV said it would suspend its COVID-19 vaccine mandate for U.S. employees, days after the country's Supreme Court blocked President Joe Biden's vaccination-or-testing m...
Jan 28, 2022
Peoria, IL, USA
45 °F Overcast
