Wall Street Rises In Volatile Trade After Fed Statement
By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 rose more than 1% in choppy trading on Wednesday after…
June 15, 2022
Wall Street Pares Gains After Fed Hikes By 75 Basis Points
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks pared gains on Wednesday on the heels of a policy announcement…
Biden Blasts Oil Refiners For Record High Gasoline Prices, Profits
By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – U.S. President Joe Biden on Wednesday demanded oil refining companies explain…
Boeing Not Setting Timetable For 737 MAX 10 Approval
EVERETT, Wash. (Reuters) – Boeing on Wednesday said it was making progress but declined to offer a clear timeline when…
Lego To Invest Over $1 Billion In U.S. Brick Plant
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) – Toymaker Lego on Wednesday said it will invest more than $1 billion in a…
France’s Le Maire: “We Are In The Middle Of An Inflation Peak”
PARIS (Reuters) – French Finance Minister Bruno Le Maire said on Wednesday that the euro zone was “in the middle…
Bitcoin Sinks To Fresh 18-month Low As Crypto Meltdown Deepens
By Tom Wilson and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Bitcoin slumped on Wednesday to a new 18-month low, dragging smaller…
Exclusive: Aramco Trading Plans To Absorb Motiva Trading Ahead Of Possible IPO
By Julia Payne LONDON (Reuters) – Saudi Aramco is planning to merge two energy trading units, people familiar with the…
Volkswagen-led Consortium Obtains 87.38% Of Europcar Shares In Takeover Bid
BERLIN (Reuters) – Volkswagen-led consortium Green Mobility Holdings has acquired 87.38% of France’s Europcar, enough to give it control over…
Fed attacks inflation with its largest rate hike since 1994
WASHINGTON (AP) — The Federal Reserve intensified its fight against high inflation on Wednesday, raising its key interest rate by…