Category Archives:
Fed’s Jefferson says skipping rate hike would not imply tightening over
By Howard Schneider WASHINGTON (Reuters) - Any decision by the Federal Reserve to hold its benchmark overnight interest rate steady at an upcoming meeting should not be taken to mean the U.S. central ...
May 31, 2023
Beyonce fans spare no cost for Renaissance tour
By Sharon Kimathi LONDON (Reuters) -Beyonc's fans, collectively known as the "BeyHive," are going savage to catch a glimpse of her during her "Renaissance World Tour". Money and distance are no object...
May 31, 2023
SNB defends raising rates, says not to blame for Credit Suisse failure
ZURICH (Reuters) - Swiss National Bank Chairman Thomas Jordan on Wednesday defended recent interest rate hikes to tackle inflation, saying they were neither damaging for Swiss financial stability nor ...
May 31, 2023
BlackRock’s CEO says inflation remains sticky, expects more rate hikes
NEW YORK (Reuters) - BlackRock Inc Chief Executive Laurence Fink said on Wednesday that inflation remains sticky and the Federal Reserve may need to hike rates further to contain price pressures. Spea...
May 31, 2023
Pet goods supplier Chewy wins challenge to OSHA fine over worker death
By Daniel Wiessner (Reuters) - A U.S. appeals court has ruled that pet supply retailer Chewy Inc did not violate federal workplace safety law by failing to prevent a forklift accident that killed a wa...
May 31, 2023
Cost of insuring vs US default increases before vote on debt ceiling bill
NEW YORK (Reuters) - The cost of insuring exposure to a U.S. debt default rose on Wednesday, with investors focused on a debt ceiling vote in the House of Representatives later in the day. The U.S. on...
May 31, 2023
Commerzbank shareholders pave way for Jens Weidmann as chairman
FRANKFURT (Reuters) -Commerzbank shareholders on Wednesday cleared the way for the economist Jens Weidmann to take over as chairman of the German lender, the fifth person to occupy the role over the p...
May 31, 2023
Factbox-U.S. states where recreational marijuana is legal
(Reuters) - Minnesota became the latest U.S. state to legalize marijuana for recreational use on Tuesday after its governor, Tim Walz, signed a law allowing the state's residents over the age of 21 to...
May 31, 2023
Walmart beats all 9 shareholder proposals at shareholders meeting
By Siddharth Cavale BENTONVILLE, ARKANSAS (Reuters) - Walmart investors voted against all 9 shareholder-led proposals during the retail giant's annual meeting on Wednesday, a preliminary tally by the ...
May 31, 2023
Cannabis regulatory reform bill fails to advance in spring legislative session
SPRINGFIELD, Ill. (Capitol News Illinois) - A proposed cannabis reform bill won't get further consideration until at least the General Assembly's fall veto session after stakeholders failed to come to...
May 31, 2023
Peoria, IL, USA
45 °F Overcast
