Category Archives:
Fed see key services inflation elevated with few signs of easing
By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry "remains elevated and has not shown signs of easing," the U.S. Federal Reserve said in its latest monetary policy rep...
Jun 16, 2023
Brazil’s Localiza launches $935.5 million share offering to expand fleet
SAO PAULO (Reuters) - Brazilian car rental company Localiza said on Friday it will launch a follow-on share offering aimed at raising as much as 4.5 billion reais ($935.51 million) to expand its car f...
Jun 16, 2023
Rheinmetall to boost propellant powder production by up to 600 tons per year -CEO
By Sabine Siebold BRUSSELS (Reuters) - Rheinmetall will ramp up production of propellant power for ammunition at its plant in the Bavarian town of Aschau by 500 to 600 metric tons per year, adding som...
Jun 16, 2023
Brazil central bank to keep rates steady on June 21, cuts coming soon: Reuters poll
By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) - Brazil's central bank is set to keep its key interest rate unchanged on Wednesday for the last time in a policy hold period...
Jun 16, 2023
US Senate panel to consider bill targeting failed bank executive pay
By Pete Schroeder WASHINGTON (Reuters) - The U.S. Senate Banking Committee will consider a bill Wednesday that would allow regulators to claw back compensation for executives at failed banks. The meas...
Jun 16, 2023
Volkswagen to hold series of capital market days for brands, software and battery units – sources
BERLIN (Reuters) - Volkswagen will hold a series of capital markets days to present the results of mock listing exercises at each of its brand groups and its software and battery units, according to t...
Jun 16, 2023
NY Fed in-house forecasts points to better economic outlook for U.S
By Michael S. Derby NEW YORK (Reuters) - The New York Fed's in-house economic forecasting model is predicting a notably brighter economic future for the U.S. relative to three months ago, the bank sai...
Jun 16, 2023
US South blanketed with oppressive heat going into holiday weekend
(Reuters) - A dangerous heat wave threatened to bring record-breaking temperatures to parts of the U.S. South on Friday, with the National Weather Service warning Americans from Texas to Florida to li...
Jun 16, 2023
U.S. Supreme Court allows Justice Department to toss whistleblower cases
By Nate Raymond (Reuters) -The U.S. Supreme Court on Friday preserved the Justice Department's power to unilaterally dismiss lawsuits filed under a law that lets whistleblowers sue businesses on behal...
Jun 16, 2023
US consumer sentiment rises to four-month high in June
WASHINGTON (Reuters) - U.S. consumer sentiment rose to a four-month high June, lifted by easing inflation fears and the resolution of the debt ceiling crisis, a survey showed on Friday. The University...
Jun 16, 2023
Peoria, IL, USA
45 °F Overcast
