Fed’s Powell says rate hikes will come at a “careful pace” from here
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – U.S. Federal Reserve Chair Jerome Powell said on Thursday the central…
June 22, 2023
US Supreme Court rules against Navajo Nation in water dispute
By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court on Thursday dealt a setback to the…
Spirit AeroSystems to halt work at Wichita plant as union votes to strike
By Valerie Insinna, Abinaya V and Shivansh Tiwary PARIS (Reuters) -Spirit AeroSystems will suspend factory production on Thursday at its…
US banks push back as regulators prepare international capital hikes
By Pete Schroeder WASHINGTON (Reuters) -U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements,…
Turkey delivers big rate hike to 15% but U-turn still underwhelms
By Ali Kucukgocmen and Can Sezer ISTANBUL (Reuters) -Turkey’s central bank hiked its key rate by 650 basis points to…
FTC Argues Microsoft’s Deal To Buy Activision Should Be Paused
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Thursday argued in federal court for a preliminary injunction…
New orders and supply chain progress as Paris Airshow grapples with pandemic aftermath
By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – The first Paris Airshow in four years…
Brazil’s Senate approves government’s new fiscal rules
BRASILIA (Reuters) -Brazil’s Senate on Wednesday approved fiscal rules proposed by President Luiz Inacio Lula da Silva’s government, considered vital…
European shares slide on rate hike jitters after Powell comments, BoE hike
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -European shares briefly hit their lowest level in nearly three months on…
Brazil’s Lula discusses Ukraine war, BRICS with South African leader
SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva said on Thursday he had discussed the war between…