Fed: Faster rate hikes are likely if inflation stays high
WASHINGTON (AP) — Federal Reserve policymakers concluded last month that they would accelerate their tightening of credit if inflation failed…
February 2022
Amazon Agrees To NYC Union Election Terms, Setting Stage For Two Votes In March
By Jeffrey Dastin and Julia Love (Reuters) – The U.S. National Labor Relations Board said Wednesday that Amazon.com Inc and…
Paramount Shares Slump As Investments To Beef Up Streaming Spook Investors
By Eva Mathews and Tiyashi Datta (Reuters) – Shares of ViacomCBS Inc, rebranded as Paramount Global, plunged 21% on Wednesday…
Carrefour Confident On 2022 After 2021 Profit Rise, Record Cash
By Dominique Vidalon PARIS (Reuters) – Carrefour SA said on Wednesday it looked to 2022 with confidence after Europe’s largest…
Fed Rate Decisions Will Be Made On Meeting-by-meeting Basis, Minutes Show
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials last month agreed that, with inflation widening its grip on the…
Ex-Goldman banker testifies 1MDB scheme a ‘house of cards’
NEW YORK (AP) — A former top banker at Goldman Sachs testified Wednesday that he and other corrupt executives at…
U.S. Import Prices Rebound Sharply In January
WASHINGTON (Reuters) – U.S. import prices increased by the most in nearly 11 years in January amid a jump the…
Oil Resumes Rally As Russia-Ukraine Tensions Stay High
By David Gaffen NEW YORK (Reuters) -Oil prices rallied more than 2% on Wednesday, resuming its upward path as investors…
US investigators: Zinke misused his Interior secretary job
BILLINGS, Mont. (AP) — Former U.S. Interior Secretary Ryan Zinke misused his position to advance a commercial development project that…
Generali Chairman To Quit Amid Investor Tensions
By Valentina Za MILAN (Reuters) -The chairman of Italy’s biggest insurer Generali plans to step down in April after 11…