Fed study on digital currency leans toward role for banks
WASHINGTON (AP) — The Federal Reserve on Thursday released a highly anticipated report on central bank digital currencies that suggested…
2022
Bargain-hunting Buoys Wall Street After Nasdaq Correction
By Lewis Krauskopf, Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – Wall Street’s main indexes rebounded on Thursday with solid…
Union Pacific Signals Staff Crunch From COVID-19 To Pressure Volumes
By Abhijith Ganapavaram and Nathan Gomes (Reuters) – Union Pacific Corp said COVID-19 cases among its staff and paid time…
Long-term mortgage rates continue rise; 30-year breaks 3.5%
WASHINGTON (AP) — Average long-term U.S. mortgage rates continued to rise this week. The rate on the benchmark 30-year loan…
Washington justices uphold $18M fine in GMO-labeling case
SEATTLE (AP) — The Washington Supreme Court has narrowly upheld an $18 million fine levied against an association of large…
Bill Targeting Big Tech Approved By Senate Panel
WASHINGTON (Reuters) -The U.S. Senate Judiciary Committee on Thursday approved a bill that would bar tech giants like Amazon.com Inc…
US says nuclear talks with Iran at ‘decisive moment’
BERLIN (AP) — U.S. Secretary of State Antony Blinken said Thursday that talks with Iran over its nuclear program are…
Evergrande Creditors Raise Threat Of Action Over Default
By Clare Jim and Marc Jones HONG KONG/LONDON (Reuters) – A key group of China Evergrande’s international creditors said on…
An ETF to Ride Out the Equity Rotation
It has been a volatile start to 2022. The pivot by the Federal Reserve from an easing to tightening policy…
U.S. Trade Chief Tai Says World Can’t Go Back To 2019 Trading System
(Reuters) – U.S. Trade Representative Katherine Tai said on Thursday that global trade policy makers should not try to recreate…