Category Archives:
Fed likely to hike rates, hint at pause in tightening cycle
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected on Wednesday to raise interest rates and perhaps signal a pause in its 14-month tightening cycle, as policymakers balance the...
May 03, 2023
France’s BNP Paribas doubles profits in Q1 with Bank of the West sale
PARIS (Reuters) - BNP Paribas, the eurozone's biggest bank, saw profit more than double in the first quarter from a year ago, bolstered by the sale of its U.S. retail division while revenue beat estim...
May 03, 2023
Australia central bank surprised by rapid recovery in population growth -official
SYDNEY (Reuters) - Australia's central bank said on Wednesday that a rapid recovery in population growth was a big surprise for the bank's economic forecasts, pushing up rents and leading to an earlie...
May 02, 2023
Tesla resumes US orders for Model 3 long-range version at lower price
(Reuters) - Tesla Inc has resumed taking orders for its Model 3 long-range version in the United States, the company's website showed late on Tuesday, after a temporary halt last year due to delivery ...
May 02, 2023
Marketmind: Deja vu for Powell, as bank and debt fears revive
A look at the day ahead in European and global markets from Ankur Banerjee For the second time this year, Fed Chair Jerome Powell will take the stage in the wake of a bank failure (that's three in the...
May 02, 2023
US fentanyl-related deaths more than tripled over 5 years
By Nandhini Srinivasan and Sriparna Roy (Reuters) - The rate of drug overdose deaths involving the synthetic opioid fentanyl more than tripled in the United States from 2016 through 2021, according to...
May 02, 2023
Albermarle agrees $1 billion plan to double Australian lithium hydroxide output, state govt says
MELBOURNE (Reuters) - Albemarle has agreed to double capacity at its lithium hydroxide processing operations in Western Australia to 100,000 tonnes by 2026 and spend more than $1 billion to build two ...
May 02, 2023
S&P cuts First Republic’s credit rating, says default a ‘virtual certainty’
(Reuters) - S&P Global on Tuesday slashed First Republic Bank's credit rating deeper into junk territory after California banking regulators seized the U.S. lender and sold its assets. S&P cut its rat...
May 02, 2023
US to continue humanitarian program after Title 42 end date – joint statement
MEXICO CITY (Reuters) - The United States will continue to accept migrants from Cuba, Haiti, Nicaragua, and Venezuela under a humanitarian program after May 11, when the COVID-19 health policy known a...
May 02, 2023
Australia March retail sales post slowest annual growth in 14 months
SYDNEY (Reuters) - Australian retail sales grew at their slowest annual pace in 14 months in March in a warning sign for consumption that will only get worse following a surprise hike in interest rate...
May 02, 2023
Peoria, IL, USA
52 °F Overcast
