U.S. Inflation Data Hits Global Stocks, Lifts Benchmark Yields
By Chris Prentice and Tommy Wilkes WASHINGTON/LONDON (Reuters) -Major global stock indexes fell on Thursday under pressure from crucial U.S….
2022
U.S. Posts $119 Billion Budget Surplus In January; First In Over 2 Years
(Reuters) – The U.S. government posted a $119 billion budget surplus in January, the first in more than two years,…
U.S. SEC Proposes Changes To Whistleblower Program To Capture More Tipsters
By Katanga Johnson WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday proposed changing the rules of its…
Fed’s Bullard Wants U.S. Rates A Full Percentage Point Higher By July
By Ann Saphir (Reuters) – St. Louis Federal Reserve Bank President James Bullard said Thursday that he has become “dramatically”…
Uber Sees $5 Billion 2024 Operating Profit, Short Of View; Shares Drop
By Tina Bellon and Nivedita Balu (Reuters) -Uber Technologies Inc laid out a $5 billion operating profit for 2024 that…
Uber’s Expected $5 Billion 2024 Operating Profit Falls Short Of View, Shares Drop
By Tina Bellon and Nivedita Balu (Reuters) -Uber Technologies Inc on Thursday said it would report around $5 billion in…
Investors Gird For More Hawkish Fed After Sharp Inflation Rise
By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK (Reuters) – Investors were bracing for more market volatility after…
EXPLAINER: Why US inflation is so high, and when it may ease
WASHINGTON (AP) — Last year, it was a nasty surprise. And it wasn’t supposed to last. But now, inflation has…
Manulife Says Higher Premiums Can Offset Expected Inflation Jump
By Nichola Saminather TORONTO (Reuters) – Manulife Financial Corp sees the higher inflation and interest rates expected this year as…
Biden Says Consumer Inflation Report Shows Budgets Of Americans Are ‘being Stretched’
(Reuters) – U.S. President Joe Biden said the January consumer price index report issued on Thursday was a reminder that…