Category Archives:
Amazon Web Services to invest more in Chile and Latin America
By Fabian Cambero SANTIAGO (Reuters) - Amazon Web Services (AWS), a unit of Amazon.com Inc, expects sustained growth in Chile and the rest of Latin America in coming years despite ongoing political tu...
Jul 27, 2022
Suspect in July 4 mass shooting near Chicago indicted on 117 counts
(Reuters) - An Illinois man accused of shooting into a crowd watching a Chicago-area Independence Day parade was indicted by a grand jury on 117 counts, including 21 counts of first-degree murder, the...
Jul 27, 2022
Powell says markets have been orderly as Fed has hiked rates
NEW YORK (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said he has been gratified to see that financial markets have behaved in an orderly way as the U.S. central bank has hiked interes...
Jul 27, 2022
Gulf central banks lift rates as Fed makes second 75-bps hike
By Yousef Saba DUBAI (Reuters) - Most Gulf central banks lifted their main interest rates by three quarters of a percentage point on Wednesday, moving with the U.S. Federal Reserve as their currencies...
Jul 27, 2022
JP Morgan raises prime lending rate after Fed’s sharp hike
By Mehnaz Yasmin (Reuters) -U.S. bank JPMorgan Chase & Co said on Wednesday it had raised its prime lending rate by 75 basis points to 5.5%, effective Thursday. The move follows the U.S. Federal Reser...
Jul 27, 2022
Volkswagen seeks purchaser for Russian auto-making plant – newspaper
(Reuters) - Volkswagen is looking to sell its car assembly plant in the Russian city of Kaluga and a Kazakh auto maker could be a potential purchaser, Russia's Vedemosti newspaper reported on Wednesda...
Jul 27, 2022
U.S. Federal Reserve delivers second super-sized rate hike
(Reuters) - The U.S. Federal Reserve on Wednesday delivered its second straight 75 basis point rate hike, reinforcing its commitment to contain red-hot inflation. Policymakers said inflation "remains ...
Jul 27, 2022
Fed’s Powell does not believe U.S. economy is in recession right now
(Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said he did not believe the U.S. economy is currently in a recession but it is softening and the path for the Fed to avoid a recession cont...
Jul 27, 2022
Fed’s Powell: Time to go ‘meeting by meeting’ with guidance
(Reuters) - The lack of clear visibility into the future trajectory of the economy means the Federal Reserve can provide reliable guidance about where its policy is headed only on a "meeting by meetin...
Jul 27, 2022
Fed’s Powell: Another ‘unusually large’ rate increase may be warranted at next meeting
(Reuters) - Another "unusually large" increase in interest rates may be appropriate at the Federal Reserve's September meeting, but the decision will be determined by the incoming economic data betwee...
Jul 27, 2022
Peoria, IL, USA
46 °F Overcast
