Category Archives:
Central banks should stick to ‘higher for longer’ interest rate approach – IMF
(Reuters) - Global central banks need to make clear to financial markets the probable need for interest rates to remain higher for longer in order to bring inflation sustainably back down to target an...
Feb 02, 2023
Central banks hike rates again, but a pause is coming
LONDON (Reuters) - Major central banks are steadily moving closer to a pause in their aggressive interest rate hiking campaigns. The U.S. Federal Reserve has just implemented its smallest rise of its ...
Feb 02, 2023
U.S. lawmakers ask for documents on Russian hackers targeting nuclear labs
WASHINGTON (Reuters) - U.S. lawmakers are calling for the Department of Energy to release documents detailing the targeting of American nuclear laboratories by Russian hackers last year. The call - is...
Feb 02, 2023
EU lawmakers agree to tougher rules on targeted political ads
By Foo Yun Chee BRUSSELS (Reuters) - EU lawmakers on Thursday agreed to tougher rules on targeted political advertising aimed at countering misinformation during elections, drawing support from Google...
Feb 02, 2023
Biden appeals to lawmakers’ humanity at U.S. Congress prayer breakfast
By Steve Holland and Jarrett Renshaw WASHINGTON (Reuters) - President Joe Biden used the National Prayer Breakfast on Thursday to call on Americans - and especially Republicans and Democrats in Congre...
Feb 02, 2023
Lazard profit slides 80% as M&A slowdown bites, but outlook improving
NEW YORK (Reuters) - Investment bank Lazard Ltd reported an 80% decline in fourth-quarter profit on Thursday as dealmaking slumped, but its chief executive predicted improving market sentiment could r...
Feb 02, 2023
Netflix to feature GM electric cars in programming and a Super Bowl ad
LOS ANGELES (Reuters) - Netflix Inc has unveiled a new star for some of its upcoming programming: electric vehicles from General Motors. The streaming service announced an agreement on Thursday to fea...
Feb 02, 2023
U.S. productivity accelerates in fourth quarter
WASHINGTON (Reuters) - U.S. worker productivity increased faster than expected in the fourth quarter, resulting in a moderation in labor costs growth. Nonfarm productivity, which measures hourly outpu...
Feb 02, 2023
Punxsutawney Phil predicts longer winter
Punxsutawney, PA (FOX News) — Punxsutawney Phil saw his shadow Thursday morning, calling for six more weeks of winter. Legend says if the groundhog sees his shadow, there will be six more weeks ...
Feb 02, 2023
U.S. weekly jobless claims at nine-month low; productivity accelerates
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new claims for unemployment benefits dropped to a nine-month low last week as the labor market remains resilient despite higher b...
Feb 02, 2023
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