Dollar slips after upbeat China data; euro, pound rise
By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) – The dollar fell against most major currencies on Tuesday after…
April 18, 2023
Analysis-China’s Xpeng takes cues from Tesla for its new EV platform
By Paul Lienert (Reuters) – Chinese electric vehicle maker Xpeng Inc is the latest manufacturer hoping to save money and…
Canada’s inflation rate slows to 4.3% in March, slowest pace since 2021
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate eased in March to 4.3%, its slowest pace…
Cryptoverse: Bitcoin miners escape the bear trap
By Medha Singh and Lisa Pauline Mattackal (Reuters) – Beleaguered bitcoin miners are finally feeling the spring sunshine after a…
China wants weaker US dollar as reserve currency, says Biden economist nominee
WASHINGTON (Reuters) – There was “some evidence” that China wants the dollar to weaken as the international reserve currency, said…
Pilots at Canada’s WestJet Airlines approve possible strike action
By Allison Lampert (Reuters) -WestJet Airlines pilots on Tuesday voted for possible strike action as early as May 16, underscoring…
Fed Likely To Hike Rates One More Time And Then Hold Steady, Bostic Says
By Michael S. Derby (Reuters) -The U.S. central bank most likely has one more interest rate rise ahead of it…
Fed likely to hike rates one more time and then hold steady, Bostic says
By Michael S. Derby (Reuters) -The U.S. central bank most likely has one more interest rate rise ahead of it…
Online US real estate firm Opendoor cuts 22% of workforce
By Greg Bensinger (Reuters) -Opendoor Technologies Inc on Tuesday said it was cutting roughly 560 jobs, or 22% of the…
US FDA authorizes second Omicron-updated COVID booster for older adults
By Michael Erman and Leroy Leo (Reuters) -The U.S. Food and Drug Administration on Tuesday authorized a second dose of…