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Fed’s Powell says no rate cuts this year, and markets hear it differently
By Ann Saphir and Lindsay Dunsmuir (Reuters) - Federal Reserve Chair Jerome Powell had a clear message on Wednesday: as "gratifying" as it is that inflation has begun to slow, the central bank is nowh...
Syndicated Content Feb 02, 2023
From Lizzo to Gayle, Grammy nominees highlight TikTok’s sway in music
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) - Grammy-nominated breakup song "abcdefu" is the latest viral sensation to translate popularity on TikTok into chart-topping success and mus...
Syndicated Content Feb 02, 2023
Meta surges on cost cut, buyback plans; lifts mega-cap stocks
(Reuters) - Shares of Meta Platforms Inc soared nearly 20% in premarket trading on Thursday as the Facebook parent wooed investors with plans to rein on costs and a new $40 billion share buyback. Meta...
Syndicated Content Feb 02, 2023
Marketmind: Fed fillip, double trouble, triple A
A look at the day ahead in U.S. and global markets from Mike Dolan. It looks less like fighting the Fed, than a mild disagreement. As the Federal Reserve slowed the pace of its interest rate rates on ...
Syndicated Content Feb 02, 2023

PPD: Man arrested for bomb threats at Pere Marquette
UPDATED 12:11 P.M. PEORIA, Ill. — Peoria Police have made an arrest in connection with a series of bomb threats that forced guests to evacuate the Pere Marquette Hotel in downtown, the most rece...
Julia Bradley Feb 02, 2023
Germany’s Habeck optimistic trade dispute with U.S. can be avoided
BERLIN (Reuters) - German Economy Minister Robert Habeck expressed optimism on Thursday that a trade dispute with the United States over subsidies can be avoided. "I think we have a good chance of avo...
Syndicated Content Feb 02, 2023
France, Germany test water on US green subsidies
By Maria Martinez BERLIN (Reuters) - Germany's Economy Minister Robert Habeck and French Finance Minister Bruno Le Maire will head to Washington next week to press concerns about U.S. climate subsidie...
Syndicated Content Feb 02, 2023
Nasdaq futures jump more than 1% on Meta surge, Fed relief
(Reuters) - Nasdaq futures jumped on Thursday as Meta Platforms surged after announcing rigorous cost controls, while a dovish message from Federal Reserve Chair Jerome Powell boosted bets of a softer...
Syndicated Content Feb 02, 2023
Japanese chip venture Rapidus needs $54 billion to begin production, says chairman
By Tim Kelly and Yoshifumi Takemoto TOKYO (Reuters) - Japan's state-backed chip venture Rapidus will need about 7 trillion yen ($54 billion) of mostly taxpayer money to begin mass producing advanced l...
Syndicated Content Feb 02, 2023
Tech leads gains in European shares, focus turns to ECB rate decision
By Ankika Biswas (Reuters) - European shares climbed on Thursday, led by tech and real-estate stocks, with the focus squarely on the European Central Bank's interest rate decision a day after the U.S....
Syndicated Content Feb 02, 2023
Peoria, IL, USA
50 °F Overcast
