Fed’s Powell appears to see plenty of room to run on balance sheet drawdown
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday that financial conditions are likely…
June 14, 2023
Canada freezes deportation of Indian students who used fraudulent university letters
OTTAWA (Reuters) – Canada will freeze the planned deportation of dozens of students who entered the country using fraudulent university…
Stocks rise, dollar pares losses after Fed signals more hikes ahead
By Sinéad Carew (Reuters) – MSCI’s global equity index closed slightly higher on Wednesday after a volatile afternoon while the…
Microsoft, Activision Ask Judge For Speedy Schedule In FTC Challenge
By David Shepardson WASHINGTON (Reuters) -Time is running out on a deadline for Microsoft to complete its $69 billion merger…
U.S. House votes down Republican motion to censure Democrat Adam Schiff
By Moira Warburton WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday rejected a Republican effort to censure Representative…
Target’s move to pull some Pride merchandise is ‘wrong’, New York AG says
(Reuters) -Target’s move to pull some LGBTQ-themed merchandise from stores following customer backlash “is wrong,” New York Attorney General Letitia…
U.S. House panel votes to raise commercial pilot retirement age to 67
By David Shepardson WASHINGTON (Reuters) -A U.S. House of Representatives committee on Wednesday narrowly voted to raise the mandatory commercial…
Google faces EU break-up order over anti-competitive adtech practices
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google may have to sell part of its lucrative adtech business to…
Biden vetoes bill that would negate EPA heavy truck pollution cuts
By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden on Wednesday vetoed a measure approved by Congress that would overturn…
US dollar falls, but off four-week lows, as Fed signals more rate hikes
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid on Wednesday after the Federal Reserve held interest rates…