Stocks Rally Late, 10-yr U.S. Treasury Yield Touches 3-yr High
By Caroline Valetkevitch NEW YORK (Reuters) – Stock indexes mostly rose on Thursday as investors snapped up beaten-down shares, while…
April 2022
Macro Hedge Funds Post Gains Amid High Volatility In Q1
(Reuters) – Macro funds this year posted their highest first-quarter performance since 1993, as fund managers navigated well amid high…
France’s Credit Agricole Takes 9.2% Stake In Italy’s Banco BPM
MILAN (Reuters) -French bank Credit Agricole said on Thursday it has bought a 9.2% stake in Italy’s third-largest bank, Banco…
U.S. Fed Nominees Move A Step Closer To Confirmation
By David Morgan (Reuters) – President Joe Biden’s nominees to the Federal Reserve moved a step closer to confirmation Thursday…
McDonald’s investors will consider civil rights audit
McDonald’s investors will consider a proposal for a civil rights audit of the company after the federal government denied McDonald’s…
Qatar Airways, Airbus Feud Over Safety In Rare Court Clash
By Tim Hepher LONDON (Reuters) -Qatar Airways and Airbus clashed in court on Thursday over the fate of billions of…
Walmart Boosts Industry-leading U.S. Trucker Pay To $110,000, Starts Retraining Program
By Lisa Baertlein and Arriana McLymore LOS ANGELES (Reuters) – Walmart said it is boosting starting pay for its 12,000…
Oil Settles Lower On Doubts About Russia Oil Sanctions
By Laura Sanicola (Reuters) -Oil settled lower on Thursday, adding to weekly losses on uncertainty that the euro zone will…
Fed casting its inflation fight as battle against inequality
WASHINGTON (AP) — As the Federal Reserve intensifies its efforts to tame high inflation, its top officials are casting their…
U.S. Congress Votes To Strip Russia Of ‘most Favored’ Trade Status, Ban Its Oil
By Patricia Zengerle WASHINGTON (Reuters) -The U.S. Congress voted to impose further economic pain on Russia over the invasion of…