Dollar Gains On Fed Official Remarks, Stays Firm Vs Yuan After Biden-Xi Talk
By Caroline Valetkevitch NEW YORK (Reuters) – The U.S. dollar index bounced back on Friday from recent declines as Federal…
March 18, 2022
Fed Policymakers Say Dramatic Rate Hikes May Be Ahead
By Howard Schneider and Ann Saphir (Reuters) -Two of the Federal Reserve’s most hawkish policymakers on Friday said the central…
VW recalls over 246,000 SUVs due to unexpected braking
DETROIT (AP) — Volkswagen is recalling more than 246,000 SUVs in the U.S. and Canada because faulty wiring harnesses can…
Wall Street Advances After Biden-Xi Talks End, Oil Steadies
By Sinéad Carew, Shreyashi Sanyal and Sabahatjahan Contractor (Reuters) – Wall Street’s three major indexes advanced on Friday, led by…
Fed’s Rate Path Balances Inflation Fight And Pandemic Unknowns, Barkin Says
By Howard Schneider BALTIMORE (Reuters) – The rate increases projected by Federal Reserve officials this week represented a “balancing act”…
Drought-stricken California imposes new round of water cuts
SACRAMENTO, Calif. (AP) — California’s urban water users and farmers who rely on supplies from state reservoirs will get less…
LME Nickel Extends Its Slide As Bugs Still Hit Trading
By Eric Onstad LONDON (Reuters) -The London Metal Exchange (LME) again widened its trading band for nickel on Friday, but…
U.S. Home Sales Tumble; Higher Prices, Mortgage Rates Eroding Affordability
By Lucia Mutikani WASHINGTON (Reuters) – U.S. home sales fell by the most in a year in February as a…
Two Lawmakers Want Hertz, Avis To Answer Questions On Rising U.S. Rental Prices
WASHINGTON (Reuters) – Two U.S. House Democratic lawmakers on Friday asked Hertz Global Holdings, and Avis Budget Group to answer…
MacKenzie Scott donates $281 million to Boys & Girls Clubs
MacKenzie Scott has donated $281 million to Boys & Girls Clubs of America and 62 local Boys & Girls Clubs…