Powell’s stark message: Inflation fight may cause recession
WASHINGTON (AP) — The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully…
September 2022
Dollar Hits Two-decade High On Fed Outlook; Yen Falls After BOJ
By Kevin Buckland TOKYO (Reuters) – The U.S. dollar pushed to a fresh two-decade high versus major peers on Thursday,…
SoftBank To Discuss Arm ‘strategic Alliance’ With Samsung
By Sam Nussey and Joyce Lee TOKYO/SEOUL (Reuters) -SoftBank Group Corp founder and CEO Masayoshi Son will discuss a “strategic…
Banks Close Painful Citrix Debt Chapter With $700 Million Loss -source
By Abigail Summerville and Matt Tracy (Reuters) – Wall Street banks completed the sale of $8.55 billion in loans and…
Oil Prices Slip After U.S. Interest Rate Hike On Fears For Demand
By Laura Sanicola (Reuters) – Oil prices edged lower in early Asian trade on Thursday after the U.S. Federal Reserve…
U.S. FTC Rejects Amazon Bid To Quash Bezos, Jassy Testimony
WASHINGTON (Reuters) – The U.S. Federal Trade Commission on Wednesday rejected a bid by Amazon.com Inc to quash demands that…
Home Depot workers petition to form 1st store-wide union
NEW YORK (AP) — Home Depot workers in Philadelphia have filed a petition with the federal labor board to form…
Lennar Beats Quarterly Profit Estimates On Strong Demand For Homes
(Reuters) -Homebuilder Lennar Corp on Wednesday reported a better-than-expected profit in the third quarter, benefiting from record-high property prices as…
Deal that prevented rail strike still needs worker support
OMAHA, Neb. (AP) — A last-minute deal prevented a railroad strike for now, but many rail workers remain unhappy with…
Gates Foundation prods UN, honors inspiration as Goalkeepers
NEW YORK (AP) — Bill Gates and Melinda French Gates combined characteristic optimism with sobering questions about persistent gender inequality…