US dollar stumbles, drops to more than one-year low as inflation eases in June
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar crashed to its lowest in more than a year on Wednesday…
July 12, 2023
Banks can manage outflow risk in Fed’s new payment service system, Mester says
By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S….
North Korea fires ICBM as South Korea, Japan leaders meet at NATO
By Josh Smith, Kantaro Komiya and Hyonhee Shin SEOUL/TOKYO (Reuters) -North Korea fired an intercontinental ballistic missile (ICBM) off its…
Biden to host Italian PM at White House on July 27
WASHINGTON (Reuters) – U.S. President Joe Biden will host Italian Prime Minister Giorgia Meloni at the White House on July…
US economic activity rose slightly in recent weeks, Fed survey shows
(Reuters) – U.S. economic activity increased slightly in recent weeks, with slow growth seen continuing in coming months, according to…
US State Dept says it has no reason to doubt Microsoft’s attribution of hack to China hackers
WASHINGTON (Reuters) – The State Department on Wednesday said it has no reason to doubt Microsoft’s accusation that Chinese state-linked…
Crypto firm Circle to cut workforce, focus on core activities
(Reuters) – Circle said on Wednesday it has reduced staff and ended investments in non-core activities as the stablecoin issuer…
With 735 million people hungry, UN says world is ‘off track’ to meet its 2030 goal
By Leah Douglas (Reuters) – About 735 million people worldwide faced chronic hunger in 2022, a figure much higher than…
Oil prices settle up as mild US inflation data calms fear of Fed rate hike
By Laura Sanicola (Reuters) -Oil prices settled higher on Wednesday, with benchmark Brent futures breaching $80 a barrel for the…
Traders Betting on a Bearish Outlook for Abbvie
AbbVie (NYSE: ABBV) has caught the attention of a deep-pocketed individual or institution with a bearish outlook, and…