Wall St Ends Down As Powell Plops 50 Bps Rate Hike On Table
By David French (Reuters) – Wall Street’s ended lower on Thursday, with the Nasdaq dropping more than 2%, as investors…
April 2022
Snap Warns Inflation Could Hit Growth, Shares Drop 10%
By Sheila Dang (Reuters) -Snap Inc reported better-than-expected first-quarter user growth on Thursday while it missed expectations on revenue, as…
Disney Set To Lose Florida Special Tax Status After LGBTQ Law Dispute
By Maria Caspani and Dawn Chmielewski (Reuters) -Walt Disney Co is set to lose its special tax status in Florida…
Powell reinforces expectations of sharp rate hike next month
WASHINGTON (AP) — The Federal Reserve must move faster than it has in the past to rein in high inflation,…
MoneyGram Sued By U.S., New York For Unfair Remittance Transfers
By Jonathan Stempel and Katanga Johnson NEW YORK/WASHINGTON (Reuters) -MoneyGram International Inc was sued on Thursday by two regulators that…
Florida seeks 100% renewable electricity by 2050
ST. PETERSBURG, Fla. (AP) — Florida utilities would gradually increase their electricity to 100% renewable by 2050 under a proposed…
Florida Lawmakers Pass Bill That Would Revoke Disney’s Special Status
(Reuters) -Florida legislators passed a bill on Thursday that would revoke Walt Disney Co’s self-governing status in a move widely…
Russia Makes ‘digital’ Rouble, Home-grown Credit Card Push
(Reuters) – Russia said on Thursday it plans to have a “digital” rouble capable of making international payments ready by…
Airlines want to bring back passengers banned over masks
DALLAS (AP) — Airlines have banned several thousand passengers since the pandemic started for refusing to wear masks. Now they…
Chicago Fed President Charles Evans will retire next year
WASHINGTON (AP) — Charles Evans will retire early next year after 15 years as president of the Federal Reserve Bank…