Category Archives:
The case for a “soft” Fed landing may finally be taking hold
By Howard Schneider WASHINGTON (Reuters) - Accumulating evidence that prices are slowing, alongside signs of stretched consumer finances and even the recent layoffs in the technology sector, may bolst...
Nov 16, 2022
Treasury market shows resilience in face of aggressive Fed rate hikes
By Michael S. Derby NEW YORK (Reuters) - Fears that aggressive Federal Reserve interest rate rises would break the Treasury bond market have failed to come to fruition so far, even as experts say this...
Nov 16, 2022
Amid Twitter turmoil, Musk takes stand in $56 billion Tesla pay trial
By Tom Hals WILMINGTON, Del (Reuters) - Elon Musk, known for his combative testimony, is set to take the stand in a Delaware court on Wednesday to defend against claims that his $56 billion Tesla Inc ...
Nov 16, 2022
Marketmind: Shot across the bow
A look at the day ahead in U.S. and global markets from Mike Dolan. The jolt to world markets from Tuesday's explosion in Poland reminded otherwise buoyant investors that geopolitics remain a major ri...
Nov 16, 2022
U.S. Senate to hold initial vote on bill protecting same-sex marriage
By Moira Warburton WASHINGTON (Reuters) - The U.S. Senate on Wednesday will hold an initial vote on legislation to protect the right to same-sex marriage, spurred by concerns that a conservative Supre...
Nov 16, 2022
Finland’s Gasum says tribunal ruled it does not have to pay Gazprom in roubles
HELSINKI (Reuters) - Finnish gas grid operator Gasum said on Wednesday an arbitral tribunal had ruled it was not obligated to pay Russian gas supplier Gazprom in roubles. Gasum in May took Gazprom to ...
Nov 16, 2022
Fed’s George says increasingly difficult to bring inflation down without a recession – WSJ
(Reuters) - Inflation is at risk of becoming entrenched in the economy from an overheated job market, making it difficult for the Federal Reserve to bring down inflation without a recession, Kansas Ci...
Nov 16, 2022
UK pay deals, in the sights of BoE, hold at 4% – XpertHR
LONDON (Reuters) - Pay awards by British employers held at a 30-year high of 4% in the three months to October, well below annual inflation of more than 11%, data from human resources company XpertHR ...
Nov 16, 2022
Mayor cheers surplus as Peoria Council approves new budget
PEORIA, Ill. — Peoria appears to be in good shape financially, at least for the short term. City Council Tuesday night pushed back a vote to potentially raise parking costs downtown, but approve...
Nov 16, 2022
Asian hedge funds amassed China’s Pinduoduo, ditched JD.com in Q3
By Summer Zhen HONG KONG (Reuters) - Some of Asia's largest hedge funds scooped up large stakes in Chinese e-commerce giant Pinduoduo in the third quarter while cutting holdings in its rival JD.com, a...
Nov 16, 2022
Peoria, IL, USA
67 °F Overcast
