Category Archives:
Analysis – U.S. yield curve flashing more warning signs of recession risks ahead
By Davide Barbuscia NEW YORK (Reuters) - The U.S. government bond market is sending a fresh batch of signals that investors are increasingly convinced the Federal Reserve's aggressive actions to tame ...
Jul 27, 2022
White House welcomes apparent deal to lower cost of pharmaceutical drugs
WASHINGTON (Reuters) - The White House on Wednesday welcomed hearing about a legislative deal aimed at lowering the cost of pharmaceutical drugs as part of a budget bill. White House press secretary K...
Jul 27, 2022
Conservative U.S. Democratic Manchin says reached deal with Schumer on domestic policy bill
WASHINGTON (Reuters) - U.S. Democratic Senator Joe Manchin said on Wednesday he has reached a deal with Senate Democratic leader Chuck Schumer on a domestic policy bill that would pay down national de...
Jul 27, 2022
SEC charges UBS, JPMorgan, TradeStation over deficiencies in prevention of customer identity theft
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Wednesday charged banking firms JPMorgan and UBS and online broker TradeStation over deficiencies relating to the prevention of cu...
Jul 27, 2022
US is not in recession or pre-recession – White House
WASHINGTON (Reuters) - The United States is not currently in a recession or in a "pre-recession," the White House said on Wednesday as the Federal Reserve Board raised interest rates to try to fight i...
Jul 27, 2022
Santander Chile CEO to step down in August
MEXICO CITY (Reuters) - Santander's Chile chief executive, Miguel Mata Huerta, will step down on August 1, the banking unit said in a filing Wednesday to the Chilean stock market. Roman Blanco Reinosa...
Jul 27, 2022
Nigeria’s Senate to summon central bank chief over naira’s fall
ABUJA (Reuters) - Nigeria's Senate passed a motion on Wednesday to summon Central Bank Governor Godwin Emefiele over the "free fall of the naira" and called on the central bank to urgently intervene. ...
Jul 27, 2022
Best Buy forecasts bigger sales drop as inflation dents demand
(Reuters) -Best Buy on Wednesday forecast a bigger drop in annual sales then previously estimated, in another sign that consumers are feeling the pressure of decades-high inflation and curbing spendin...
Jul 27, 2022
Ford sticks with full-year profit despite surging costs
DETROIT (Reuters) -Ford Motor Co on Wednesday reported better than expected second-quarter profit and reaffirmed its profit outlook for the year, but said management is "actively looking" at how to of...
Jul 27, 2022
‘Leave It to Beaver’ co-star Tony Dow dead at 77, a day after premature announcement
By Tyler Clifford (Reuters) - Actor Tony Dow, best known for his role as Wally Cleaver in the 1950s American TV sitcom "Leave It to Beaver," died Wednesday at age 77, his family and management team sa...
Jul 27, 2022
Peoria, IL, USA
39 °F Light Rain
