Fed’s Daly: Expects unemployment rise as price of controlling inflation
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly on Monday said…
May 2023
Inflation has eroded U.S. households’ financial security, Fed survey shows
(Reuters) -The inflation wave that crested at a 40-year high last year and remains elevated has eroded U.S. households’ sense…
USTR Requests Labor Rights Probe At Goodyear Tire Plant In Mexico
WASHINGTON (Reuters) – The U.S. Trade Representative’s office on Monday said it has asked Mexico to investigate labor rights denial…
Private equity steps up lending as U.S. banks pull back
By Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – The turmoil facing U.S. regional banks has prompted some lenders…
Ryanair aims for 10% full year profit growth on strong summer
By Padraic Halpin DUBLIN (Reuters) – Ryanair aims to boost profit by 10% this year after almost record earnings for…
Microsoft defeats gamers’ bid to block $69 billion Activision deal in US court
By Mike Scarcella (Reuters) – Microsoft Corp evaded a potential early legal obstacle in its $69 billion deal to acquire…
ECB rates to peak by summer – Villeroy
PARIS (Reuters) – European Central Bank interest rate hikes are likely to peak out by the end of summer, but…
Meta hit with record $1.3 billion fine over data transfers
By Padraic Halpin DUBLIN (Reuters) -Meta was hit with a record 1.2 billion euro ($1.3 billion) fine by its lead…
Ghana central bank holds policy rate at 29.5% as inflation slows
By Maxwell Akalaare Adombila ACCRA (Reuters) -Ghana’s central bank maintained its main interest rate at 29.5% on Monday, saying tight…
Canadian banks see earnings risk from commercial property loans, TD in focus
By Nivedita Balu TORONTO (Reuters) – Canadian banks are expected to report a rise in bad debt provisions and highlight…