Category Archives:
Fed meeting minutes may point to rate-hike endgame, new debate phase
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve ended 2022 with a firm promise at its December policy meeting that interest rates would continue rising this year, but at a slower pace a...
Jan 04, 2023
Mastermind of vast U.S. college admissions fraud scheme faces sentencing
By Nate Raymond BOSTON (Reuters) - The architect of the largest U.S. college admissions fraud scheme ever uncovered will be sentenced on Wednesday for helping wealthy parents secure the admission of t...
Jan 04, 2023
Morning Bid: Wakey wakey!
A look at the day ahead in U.S. and global markets from Alun John The first Fed meeting minutes release of the year is due later, along with manufacturing data and job openings numbers - a fairly chun...
Jan 04, 2023
BMW more than doubles fully-electric vehicle sales in 2022
BERLIN (Reuters) -The BMW Group more than doubled its fully-electric vehicle sales in 2022 and plans on raising the share of battery electric vehicles in total sales to 15% in 2023, the carmaker said ...
Jan 04, 2023
Biden, McConnell visit to Kentucky bridge a roadmap for White House under split Congress
By Steve Holland and Trevor Hunnicutt WASHINGTON (Reuters) - President Joe Biden and Senate Republican leader Mitch McConnell will make a rare joint appearance on Wednesday at a bridge in Kentucky in ...
Jan 04, 2023
Asian stocks in 2022 suffer biggest foreign outflows since 2008 global crisis
By Gaurav Dogra (Reuters) - Foreign investors withdrew more money from emerging Asian equities in 2022 than they had done in any year since the global financial crisis in 2008, as rising U.S. interest...
Jan 04, 2023
Euro zone recession may not be as deep as expected -PMI
LONDON (Reuters) - Euro zone business activity contracted less than initially thought at the end of last year as price pressures eased, according to a survey which suggested the bloc's recession may n...
Jan 04, 2023
Decline in German services sector eases, raising hopes for milder recession -PMI
BERLIN (Reuters) - High inflation and economic uncertainty extended a downturn in the German services sector in December, though a slower pace of decline in activity adds to hopes of a milder-than-exp...
Jan 04, 2023
French service sector activity subdued in Dec -final PMI
PARIS (Reuters) - Activity in France's dominant services sector remained subdued last month, a survey showed on Wednesday, as inflation continued to weigh on demand, adding to fears the euro zone's se...
Jan 04, 2023
Italy’s services sector broadly stable in December- PMI
ROME (Reuters) - Italy's services sector registered broadly stable activity in December, a survey showed on Wednesday, holding up better than expected as new business grew for the first time since Jun...
Jan 04, 2023
Peoria, IL, USA
42 °F Overcast
