Brazil’s Vale Signs Long-term Deal To Supply Tesla With Nickel
By Gabriel Araujo SAO PAULO (Reuters) -Brazilian miner Vale SA said on Friday it has signed a long-term deal with…
May 6, 2022
Fed’s Kashkari Says Supply Chain Progress Key To Avoiding Recession
(Reuters) – The Federal Reserve will have to raise interest rates more aggressively and risk a recession if supply chain…
Fed Says Banks In Good Shape Despite Volatility, Warns On Prime Broker Risk
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve said Friday the U.S. banking system remains strong despite heightened…
Nvidia To Pay $5.5 Million Penalty For ‘inadequate Disclosures’ About Cryptomining -SEC
By Chris Prentice and Kanishka Singh WASHINGTON (Reuters) -Nvidia Corporation has agreed to pay $5.5 million to settle civil charges…
No Place To Hide: Dollar’s Surge Cuts Across Markets
By Saikat Chatterjee and Sujata Rao LONDON (Reuters) – “Our currency, your problem,” were the words of a former U.S….
With Ukraine’s ports blocked, trains in Europe haul grain
VIENNA (AP) — A train carrying 2,000 metric tons of Ukrainian corn arrived in Austria on Friday, part of European…
Canada Gains 15,300 Jobs In April, Jobless Rate Edges Down To 5.2%
TORONTO (Reuters) – Canada’s economy gained a net 15,300 jobs in April, entirely in part-time work, Statistics Canada said on…
Fed’s Kashkari: We May Have To Push Long-term Real Rates Into Restrictive Territory
(Reuters) – The Federal Reserve may have to push long-term real rates into a contractionary stance in order to help…
Tractor Maker AGCO Says Its Operations At Some Facilities Hit By Ransomware Attack
(Reuters) -Agricultural equipment maker AGCO Corp said on Friday it expects operations at some of its production facilities to be…
U.S. Retail Investors Bought Heavily During Thursday’s Big Stock Market Drop
By John McCrank NEW YORK (Reuters) – Individual investors were major buyers on Thursday as stocks sold off over concerns…