More Fed Rate Hikes On Tap Even As Job Gains Moderate
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) – The Federal Reserve is on track for half point interest rate…
June 2022
Biden’s challenge: Inflation overshadows robust job gains
REHOBOTH BEACH, Delaware (AP) — President Joe Biden came before the television cameras Friday to celebrate yet another month of…
Shipping Giant CMA CGM Sees Uncertain Outlook As Earnings Surge Again
PARIS (Reuters) – CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge…
Biden Wishes Elon Musk ‘luck’ On Moon Trip After Job Cut Plans
By Andrea Shalal and Trevor Hunnicutt REHOBOTH BEACH, Del. (Reuters) -U.S. President Joe Biden compared Tesla unfavorably to Ford on…
Depository Russia Planned To Service Eurobonds Halts Euro Transactions
(Reuters) -Russia’s National Settlement Depository (NSD), which Moscow had planned to use to service the country’s Eurobonds, will suspend transactions…
EU Blacklists “butchers” Of Bucha And Mariupol In Latest Russia Sanctions
By Gabriela Baczynska BRUSSELS (Reuters) – The European Union on Friday blacklisted Russian military commanders who it said led troops…
Amazon’s CEO Of Worldwide Consumer To Step Down After 23 Years
(Reuters) – Amazon.com Inc said on Friday the chief executive officer of its worldwide consumer business, David Clark, was leaving…
Musk Deal For Twitter Dodges Lengthy U.S. Antitrust Review
(Reuters) -Twitter Inc said on Friday that the U.S. antitrust waiting period for Elon Musk’s $44 billion acquisition of the…
Investor-advisory firm backs latest Frontier bid for Spirit
NEW YORK (AP) — The decision by Frontier Airlines to sweeten its offer for Spirit Airlines paid dividends Friday when…
Explainer-Russia Walks The Plank To A Foreign Bond Default
By John O’Donnell and Sujata Rao FRANKFURT (Reuters) – Russia’s failure to send an interest payment to creditors is triggering…