Wall Street Weekahead: Hopes That Fed Is ‘past Peak Hawkishness’ Buoy Stocks
By David Randall NEW YORK (Reuters) – Bad news may once again be good news on Wall Street, as signs…
May 27, 2022
U.S. Says GM Mexican Plant Workers Vote Shows Bargaining Benefits
By Daina Beth Solomon WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai said Friday the vote by General Motors workers…
Cooling U.S. Inflation Builds Case For September Slowdown In Fed Rate Hikes
By Ann Saphir and Howard Schneider (Reuters) – Evidence U.S. inflation is cooling will not budge Federal Reserve policymakers from…
U.S. Senator Manchin Could Back Climate Provisions In Slimmer Spending Bill, Sources Say
By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – Key Senate Democrats are working to revive U.S. President Joe Biden’s…
Rivian Executive In Charge Of Manufacturing Quits In Management Rejig
(Reuters) – Rivian Automotive said on Friday Charly Mwangi, who helped kick-start the electric-vehicle maker’s manufacturing process, will leave the…
Biden renews sanctions license for Chevron in Venezuela
MIAMI (AP) — The Biden administration has renewed a license partially exempting Chevron from sanctions on Venezuela so it can…
U.S. House Panel Asks Gunmakers For Marketing, Other Data After Shootings
WASHINGTON (Reuters) -The U.S. House of Representatives’ oversight panel called on five gunmakers to hand over details on the manufacturing,…
World Shares Rise On U.S. Spending, Inflation Data
By Elizabeth Dilts Marshall NEW YORK (Reuters) – World shares rose and the dollar weakened on Friday after data showed…
Explainer-U.S. Treasury Pushes Russia Towards Default: What Next?
By Karin Strohecker and Sujata Rao LONDON (Reuters) – The lapse of a key U.S. license allowing Russia to make…
Peak Interest Rates May Be Lower Than Expected As Growth Slowdown Looms
By Sujata Rao and Saikat Chatterjee LONDON (Reuters) – Worsening economic data may force central banks to blink and take…