Fed Minutes Show More Rate Hikes Coming, But Pace Could Slow
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve officials saw “little evidence” late last month that U.S. inflation pressures were…
August 2022
Bank of America’s overdraft fees down 90% under new policy
NEW YORK (AP) — Bank of America says the revenue it gets from overdrafts has dropped 90% from a year…
Fed saw evidence of a slowing economy at its last meeting
WASHINGTON (AP) — Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but still…
Canadian Pension Fund CDPQ Explores Legal Options Over Failed Crypto Firm
By Niket Nishant and Divya Rajagopal (Reuters) -Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) is…
Railroads back plan calling for 24% raises but workers wary
OMAHA, Neb. (AP) — The major freight railroads signaled they’re ready to negotiate a new deal with their workers based…
U.S. Freight Railroads Say Board Wage Recommendations Will Guide Worker Contract Agreement
By Lisa Baertlein and David Shepardson LOS ANGELES (Reuters) -The committee representing U.S. freight railroads in labor talks with their…
Egypt’s central bank governor resigns as economic woes mount
CAIRO (AP) — Egypt’s central bank governor resigned Wednesday as the Middle East’s most populous nation struggles to curb inflation…
Global Shares Fall, U.S. Treasury Yields Rise Ahead Of Fed Minutes
By Chibuike Oguh (Reuters) -Global equities fell while U.S. Treasury yields rose on Wednesday ahead of the release of the…
Air Canada To Operate At 79% Of Pre-pandemic Capacity In Summer
(Reuters) – Air Canada said on Wednesday it plans to operate flights at 79% of its pre-pandemic capacity this summer,…
Norse Atlantic Airways Says Autumn Bookings “very Good”
BERLIN (Reuters) -Norse Atlantic Airways, which seeks to break into the long-haul market between Europe and the United States, has…