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Silvergate Capital’s crypto-related deposits plunge in fourth quarter
(Reuters) - Silvergate Capital Corp's crypto-related deposits plummeted in the fourth quarter, according to a preliminary earnings report on Thursday, as souring crypto sentiment following the collaps...
Syndicated Content Jan 05, 2023
Futures muted as Fed minutes confirm more tightening ahead
(Reuters) - U.S. stock index futures were muted on Thursday after the Federal Reserve's December meeting minutes showed the central bank's commitment to taming inflation, with focus turning to key emp...
Syndicated Content Jan 05, 2023
China has a 10,000 euro cost advantage in small EVs, auto supplier says
By Joseph White LAS VEGAS (Reuters) - Chinese automakers can build an electric vehicle (EV) for 10,000 euros ($10,618) less than European automakers, an overwhelming cost advantage that will put press...
Syndicated Content Jan 05, 2023
Morning Bid: Rate cut talk, already!
A look at the day ahead in U.S. and global markets from Dhara Ranasinghe Forget peak U.S. interest rates for a minute, markets already want to know when the Federal Reserve will start making cuts -- l...
Syndicated Content Jan 05, 2023
Analysis-Democrats’ downgrade of Iowa’s role is a blow to Corn Belt, biofuels
By Jarrett Renshaw (Reuters) - The Democratic Party's unseating of Iowa from its position as host of the first U.S. presidential nominating contest every four years is a blow that could also reshape t...
Syndicated Content Jan 05, 2023
After two days of failure, U.S. House Republicans to try again to pick a leader
By Moira Warburton and Andy Sullivan WASHINGTON (Reuters) - Republicans in the U.S. House of Representatives will try for a third day on Thursday to select a leader after six failed votes have highlig...
Syndicated Content Jan 05, 2023
Rivian misses goal for 2022, but just barely
NORMAL, Ill. — Rivian Automotive fell just short of its production goal of 25,000 electric vehicles at its plant in Normal during 2022, but production and vehicle deliveries picked up in the fou...
Julia Bradley Jan 05, 2023
Congolese artist paints politicians’ portraits in plastic
By Crispin Kyala BUKAVU, Democratic Republic of Congo (Reuters) - Near the banks of Lake Kivu in eastern Democratic Republic of Congo, artist Patrick Cikuru Cirimwami wades knee-deep through a mountai...
Syndicated Content Jan 05, 2023
Tesla’s Dec sales of China-made cars fall to the lowest in five months
SHANGHAI (Reuters) -Tesla Inc delivered 55,796 China-made electric vehicles in December, the lowest level in five months, according to data from the China Passenger Car Association (CPCA) on Thursday....
Syndicated Content Jan 05, 2023
India’s FY24 growth to dip to 5.5% from 6.8% in FY23 – HSBC economist
MUMBAI (Reuters) - India's economy is expected to grow 5.5% in the next financial year, a notch below the expected potential rate of 6%, as growth momentum in the country was slowing gradually, an eco...
Syndicated Content Jan 05, 2023
Peoria, IL, USA
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