Category Archives:
Fed seen on the fence for interest rate hike at May meeting
(Reuters) - The Federal Reserve is seen as about as likely to raise its benchmark overnight interest rate in May as not, but even if it does, it is expected to reverse course quickly and end the year ...
Mar 31, 2023
Russia set for smaller GDP contraction in 2023, but no room for rate cut: Reuters poll
By Alexander Marrow and Elena Fabrichnaya MOSCOW (Reuters) - Russia's economy is set for a shallower contraction this year than previously thought, a Reuters poll showed on Friday, but above-target in...
Mar 31, 2023
Instant View: US Feb PCE price index shows inflation keeps cooling
NEW YORK (Reuters) - U.S. consumer spending rose moderately in February, likely payback after surging the prior month, and while inflation showed signs of cooling it remained elevated, which could see...
Mar 31, 2023
US unveils stricter EV tax credit rules to take effect April 18
By David Shepardson and David Lawder WASHINGTON (Reuters) - The U.S. Treasury Department on Friday unveiled stricter electric vehicle tax rules that will reduce or cut tax credits on some zero-emissio...
Mar 31, 2023
U.S. consumer spending slows in February; inflation cooling
WASHINGTON (Reuters) - U.S. consumer spending rose moderately in February, likely payback after surging the prior month, and while inflation showed signs of cooling it remained elevated, which could s...
Mar 31, 2023
China to examine U.S. chipmaker Micron’s products for cybersecurity risks
BEIJING (Reuters) - China's cyberspace regulator will conduct a cybersecurity review of products sold in the country by U.S. memory chip manufacturer Micron Technology, the regulator said on Friday. T...
Mar 31, 2023
Exclusive-U.S. regulator seeks sale of Silicon Valley Bank, Signature Bank portfolios-sources
By David French and Pete Schroeder NEW YORK/WASHINGTON (Reuters) - The Federal Deposit Insurance Corporation (FDIC) has retained advisers to sell the securities portfolios that the new owners of faile...
Mar 31, 2023
Asia infrastructure bank says it won’t get distracted by geopolitics
By Joe Cash BOAO, China (Reuters) - The Asian Infrastructure Investment Bank (AIIB) will stick to its mandate as an apolitical multilateral lender and won't get dragged into political disputes, even a...
Mar 31, 2023
Canadian economy outperforms with 0.5% growth in January
OTTAWA (Reuters) - The Canadian economy performed better than expected in January versus December, driven by broad gains in both goods and services industries, Statistics Canada data showed on Friday....
Mar 31, 2023
Trump-linked stocks gain on attracting retail traders’ attention
(Reuters) - Shares of companies tied to former U.S. President Donald Trump gained in premarket trading on Friday, drawing interest from retail investors after the ex-president was indicted in a histor...
Mar 31, 2023
Peoria, IL, USA
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