Wall Street Wavers As Hot CPI Data Stokes Rate Hike Jitters
By Stephen Culp NEW YORK (Reuters) – Wall Street stocks fluctuated on Wednesday as investors digested surprisingly strong U.S. inflation…
July 13, 2022
Drought: Italy warns a third of farm production at risk
ROME (AP) — Italy’s agriculture minister warned Parliament on Wednesday that a third of Italy’s agricultural production was at risk…
EXPLAINER: What’s the impact of euro parity with the dollar?
The euro has hit parity with the dollar, falling to its lowest level in 20 years and even skirting just…
Bank Of Canada Surprises Markets With Largest Rate Hike In 24 Years
By Julie Gordon and Steve Scherer OTTAWA (Reuters) -The Bank of Canada on Wednesday raised its main interest rate by…
EXPLAINER: Why US inflation is so high, and when it may ease
WASHINGTON (AP) — Inflation’s relentless surge didn’t merely persist in June. It accelerated. For the 12 months ending in June,…
WTO Awards Canada Future Right To Impose Duties On U.S. Goods
GENEVA (Reuters) – Canada has the right to impose tariffs on U.S. imports in the future to ward off the…
Amazon handed Ring footage to police without user consent
Amazon has provided Ring doorbell footage to law enforcement 11 times this year without the user’s permission, a revelation that’s…
Hungary declares ‘energy emergency’ over threat of shortages
BUDAPEST, Hungary (AP) — Hungary’s government has declared an “energy emergency” in response to supply disruptions and skyrocketing energy prices…
Oil Mixed After U.S. Stock Build, Big Inflation Figure
By David Gaffen NEW YORK (Reuters) -Oil prices were little changed on Wednesday in another volatile session, after U.S. oil…
Bill Gates gives $20 billion to stem ‘significant suffering’
Bill Gates, concerned about the “significant suffering” caused by global setbacks including the COVID-19 pandemic, announced Wednesday that he will…