Category Archives:
Marketmind: Stocks ‘n’ bonds – who to believe?
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever. A U.S. or global recession in 2023 may not be most people's base case forecast, but the risks are sufficient...
Nov 22, 2022
HP to cut up to 6,000 jobs
(Reuters) -HP Inc said on Tuesday it expects to reduce its global headcount by about 4,000 to 6,000 by the end of fiscal 2025. The PC maker estimates it will incur about $1.0 billion in labor and non-...
Nov 22, 2022
SEC charges Goldman Sachs Asset Management for not following ESG investments policies
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Tuesday charged Goldman Sachs Asset Management for failing to follow its policies and procedures involving ESG investments. The ch...
Nov 22, 2022
Nordstrom cuts profit forecast on soaring costs
(Reuters) - Nordstrom Inc trimmed its annual profit forecast on Tuesday, signaling that steep discounts on outdated inventory, coupled with higher operating costs and supply chain pressures, are squee...
Nov 22, 2022
New Zealand expected to deliver record rate hike as inflation persists
By Lucy Craymer WELLINGTON (Reuters) - New Zealand's central bank on Wednesday is expected to deliver its biggest rate hike and outline a more hawkish monetary tightening path in coming months as it t...
Nov 22, 2022
Colorado nightclub shooting suspect moved from hospital to jail
(Reuters) - The suspect in the mass shooting that killed five people and wounded 17 at a Colorado Springs LGBTQ nightclub has been transferred to jail from the hospital where he was in police custody,...
Nov 22, 2022
Fed’s George: Could take higher interest rates for longer to encourage saving
(Reuters) - The Federal Reserve may need to raise interest rates to a higher level and hold them there for longer in order to successfully moderate consumer demand and bring down high inflation given ...
Nov 22, 2022
U.S. to extend student-loan payment pause up to June 30, Biden says
WASHINGTON (Reuters) -The United States will extend a pandemic-era pause in student loan repayments to no later than June 30, 2023, President Joe Biden said on Tuesday. The Biden administration on Fri...
Nov 22, 2022
Crypto lender Genesis hires restructuring adviser – New York Times
(Reuters) - Troubled cryptocurrency lender Genesis Global Capital has hired investment bank Moelis & Company to explore options including a potential bankruptcy, the New York Times reported on Tuesday...
Nov 22, 2022
Mexico headline inflation seen easing in early November, core inflation up: Reuters Poll
MEXICO CITY (Reuters) - Mexico's annual headline inflation is forecast to have eased in the first half of November but to have stayed well above official targets, a Reuters poll showed Tuesday, leavin...
Nov 22, 2022
Peoria, IL, USA
51 °F Thunderstorm In Vicinity, Mist
