Tesla shares fall as investors bash Musk’s Twitter focus
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla shares extended declines to hit their lowest level in more than two…
December 2022
Union Pacific railroad shipping limits generate complaints
OMAHA, Neb. (AP) — Federal regulators and shippers are questioning Union Pacific’s decision to temporarily limit some businesses’ shipments as…
Bank Of England Readies Another Rate Hike Even As Recession Hits
By Andy Bruce MANCHESTER, England (Reuters) – A ninth interest rate hike in a row by the Bank of England…
Bankman-Fried Charges Showcase U.S. Prosecutor’s Growing Role In Crypto Enforcement
By Luc Cohen and Chris Prentice NEW YORK (Reuters) – When he took office as the top federal prosecutor in…
Wall Street Ends Lower After Latest Fed Rate Hike
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed lower in volatile trading on Wednesday following a policy announcement…
Hacker claims breach of FBI’s critical-infrastructure portal
BOSTON (AP) — A hacker who reportedly posed as the CEO of a financial institution claims to have obtained access…
Brazil’s Next Finance Minister Haddad Says Fiscal Expansion Won’t Help The Economy Now
By Marcela Ayres BRASILIA (Reuters) -Brazil’s incoming Finance Minister Fernando Haddad on Wednesday said fiscal expansion would not help the…
US charges 8 in social media ‘pump-and-dump’ stock scheme
WASHINGTON (AP) — The government on Wednesday charged eight men of earning more than $100 million in illicit stock market…
Fed Hikes Rates By 50 Bp, As Expected, Keeps Hawkish Tone
(Fixes typographical error in Haworth quote in 22nd paragraph to make it “than” instead of “that”) NEW YORK (Reuters) –…
Fed Raises Rates By Half Percentage Point, Sees Economy Nearing Stall Speed
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve raised interest rates by half a percentage point on…