Category Archives:
Yellen: greater concentration among largest banks not desirable
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wednesday that seeing a greater concentration among the largest banks would not be desirable and she believes it is important to mai...
May 24, 2023
Explainer-Why does the UK have such a painful inflation problem?
By William Schomberg and Andy Bruce LONDON (Reuters) - British inflation fell in April but by less than expected and it remains above the rate of price growth in the United States and most of Europe, ...
May 24, 2023
Yellen maintains early June as U.S. debt ceiling deadline
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday maintained early June as a debt ceiling default deadline and said she will update Congress shortly about government finances. It...
May 24, 2023
Accenture secures up to $2.6 billion contract to modernize IRS systems
(Reuters) - An Accenture Plc unit said on Wednesday it had secured an up to $2.6 billion deal with the Internal Revenue Service (IRS) for modernizing the government tax agency's systems. Accenture Fed...
May 24, 2023
Boeing looks to embed experienced pilots with new airline customers
By Valerie Insinna WASHINGTON (Reuters) - Boeing Co is deploying experienced pilots to airlines that are training their employees to fly Boeing aircraft, as part of a wider push to reduce aviation saf...
May 24, 2023
Super Typhoon Mawar clobbers Guam with fierce winds, rains
(Reuters) - A Category 4 typhoon hit Guam on Wednesday, packing winds of up to 140 miles per hour (225 kmh) and torrential rain, as it inched across the Western Pacific Ocean, but there were no early ...
May 24, 2023
Murmurs grow within Fed about tweaking 2% target once inflation recedes
By Michael S. Derby (Reuters) - A couple of regional Federal Reserve presidents recently have signaled an openness to examining whether 2% is the right setting for the U.S. central bank's inflation ta...
May 24, 2023
EU, Google to develop voluntary AI pact ahead of new AI rules, EU’s Breton says
BRUSSELS (Reuters) - Alphabet and the European Commission aim to develop an artificial intelligence (AI) pact involving European and non-European companies ahead of rules to govern the technology, EU ...
May 24, 2023
Explainer-U.S. debt ceiling focus on ‘discretionary spending’ means cuts ahead
By Jarrett Renshaw and Andy Sullivan WASHINGTON (Reuters) - The central pillar of any debt-ceiling agreement between President Joe Biden and House Republican Kevin McCarthy is shaping up to be "discre...
May 24, 2023
Nigeria central bank raises policy rate by 50 basis points
ABUJA (Reuters) - Nigeria's central bank raised its main lending rate by 50 basis points to 18.50% in a decision announced on Wednesday. The rate decision comes after data showed earlier in the day th...
May 24, 2023
Peoria, IL, USA
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