Bank of America increases dividend by 9% after Fed stress test
NEW YORK (Reuters) – Bank of America (BofA) said on Wednesday it planned to increase its quarterly common stock dividend…
July 5, 2023
US crude oil gains on supply cuts, focus shifts to holiday demand
By Shariq Khan BENGALURU (Reuters) – U.S. crude oil gained about 3% on Wednesday, narrowing the price gap with global…
Fed’s Williams: June rate pause was right move, but future hikes still in play
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Wednesday…
Amid indictments, Trump’s fundraising nearly doubled in second quarter
By Jason Lange WASHINGTON (Reuters) – Republican presidential candidate Donald Trump’s main fundraising committee raised more than $35 million during…
ChatGPT’s explosive growth shows first decline in traffic since launch
By Krystal Hu (Reuters) -ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and…
China’s metal export curbs reignites global companies’ hunt for stable suppliers
By Brenda Goh, Supantha Mukherjee and Kanishka Singh SHANGHAI/STOCKHOLM/WASHINGTON (Reuters) -China’s decision this week to restrict exports of some strategic…
Shares fall after little Fed surprise, China data and trade in focus
By Sinéad Carew and Tom Wilson NEW YORK/LONDON (Reuters) – MSCI’s global equities index lost ground on Wednesday after weaker-than-expected…
Why a $1.5 trillion source of corporate financing is choking on higher rates
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – A financial stream that helped fund the world’s riskiest companies and…
Regulators tighten screw on investment fund redemptions
By Huw Jones LONDON (Reuters) -Global regulators on Wednesday proposed tougher rules for investment funds to increase their resilience to…
Insurers look to ease UN climate alliance rules after member exodus – sources
By Tommy Wilkes LONDON (Reuters) -The remaining insurers in a United Nations-backed coalition aimed at tackling climate change are poised…