Worsening inflation will pressure Fed to keep raising rates
WASHINGTON (AP) — Inflation in the United States accelerated in September, with the cost of housing and other necessities intensifying…
October 2022
Analysis-Russian Law On Stock Conversion Baffles Global Banks, Clients
By Carolina Mandl and Sinead Cruise NEW YORK/LONDON (Reuters) – Global investors and banks have been voicing confusion about their…
Oil Prices Jittery As Market Wary Of Demand Risks
By Jeslyn Lerh and Laura Sanicola (Reuters) -Oil prices struggled to find their footing in Asian trade on Thursday after…
U.S. Scrambles To Prevent Export Curbs On China Chips From Disrupting Supply Chain
By Jane Lanhee Lee, Karen Freifeld and Alexandra Alper OAKLAND, Calif./NEW YORK (Reuters) -The U.S. is scrambling to tackle unintended…
Toshiba Shares Surge Following Report Of $19 Billion Buyout Bid
TOKYO (Reuters) – Shares in Toshiba Corp jumped about 9% in early trading on Thursday following a report that a…
Analysis-Worries Over Global Financial Stability Mount As Central Banks Tighten Policy
By Davide Barbuscia and Lewis Krauskopf (Reuters) – Signs of stress are growing in the global financial system, sparking worries…
Saga Of Wall Street’s Pandemic Darlings Ends With Tears
By Sinéad Carew (Reuters) – Think about something novel you started doing two-and-a-half years ago to make life easier during…
G7 Reaffirms Warning Against Excess FX Volatility
By Leika Kihara WASHINGTON (Reuters) -Finance leaders of the Group of Seven advanced economies said on Wednesday they will closely…
Union vote at Philadelphia Home Depot store set for November
NEW YORK (AP) — The federal labor board has scheduled a November vote on a petition from Home Depot workers…
Bank Of America CEO Says U.S. Consumers Still In Good Financial Health
NEW YORK (Reuters) – Bank of America Corp Chief Executive Officer Brian Moynihan said U.S. consumers are still in good…