Category Archives:
Inflation has eroded U.S. households’ financial security, Fed survey shows
(Reuters) - The inflation wave that crested at a 40-year high last year and remains elevated now has eroded U.S. households' sense of financial security, the Federal Reserve reported Monday, with many...
May 22, 2023
US Supreme Court backs three men in Cuomo-era New York corruption cases
By Luc Cohen NEW YORK (Reuters) -The U.S. Supreme Court on Monday gave a big boost to two real estate developers and a former state university official convicted of fraud for rigging bids for one of f...
May 22, 2023
Brazil economists lower forecast for 2023 inflation -poll
SAO PAULO (Reuters) - Private economists in Brazil have lowered their expectation for the country's inflation index, with a new central bank survey on Monday showing they now forecast it to hit 5.80% ...
May 22, 2023
Factbox-Ford strikes multiple lithium deals to ramp up EV production
(Reuters) - U.S. automaker Ford Motor Co on Monday entered into a series of new deals to source battery-grade lithium, as it plans to scale up electric vehicle production and take advantage of governm...
May 22, 2023
Bullard: Rates may still need to rise another half-point this year
WASHINGTON (Reuters) - The Federal Reserve may still need to raise its benchmark interest rate by another half-point this year, St. Louis Fed President James Bullard said, suggesting that any decision...
May 22, 2023
Japan’s Mizuho to expand in U.S. banking with $550 million Greenhill deal
(Reuters) -Mizuho Financial Group Inc will acquire U.S. M&A advisory firm Greenhill & Co Inc, as Japan's No. 3 lender accelerates its push for a larger share of the world's largest investment banking ...
May 22, 2023
Canadian banks see earnings risk from commercial property loans, TD in focus
By Nivedita Balu TORONTO (Reuters) - Canadian banks are expected to report a rise in bad debt provisions and highlight risks from commercial property loans when they report earnings this week, with th...
May 22, 2023
Sparks return with new ‘provocative and challenging’ album
By Marie-Louise Gumuchian LONDON (Reuters) - U.S. pop-rock duo Sparks say they are still peaking creatively, putting out "provocative and challenging" music as they release their 26th studio album, "T...
May 22, 2023
Exclusive-Italy watchdog to review other AI systems after ChatGPT brief ban
By Elvira Pollina and Supantha Mukherjee MILAN/STOCKHOLM (Reuters) - Italy's data protection authority Garante plans to review other artificial intelligence platforms and hire AI experts, a top offici...
May 22, 2023
India’s economy sustaining recent growth momentum, inflation slowing – RBI
By Swati Bhat MUMBAI (Reuters) - India's economy has sustained the growth momentum seen in the last fiscal quarter of 2022/23, while latest inflation outcome has been better than forecast, the Reserve...
May 22, 2023
Peoria, IL, USA
37 °F Partly cloudy
