US rate futures see slightly higher chance of Sept hike after Powell’s comments
NEW YORK (Reuters) – U.S. interest rate futures on Wednesday saw an increased probability of another interest rate increase by…
July 2023
Mercedes-Benz raises profit outlook as higher prices boost margins
(Reuters) -Mercedes-Benz on Wednesday raised its full-year forecast for operating profit, on the back of higher prices that helped the…
Canada’s Trudeau unveils major cabinet shuffle as poll numbers sag
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau shuffled much of his cabinet on Wednesday…
JPMorgan to buy almost $2 billion of mortgages in the PacWest deal – source
(Reuters) -JPMorgan Chase & Co will buy almost $2 billion worth of mortgages to facilitate Banc of California’s purchase of…
Ukraine counteroffensive is moving, US says while pledging support
By Trevor Hunnicutt and Kanishka Singh WASHINGTON (Reuters) – Ukraine’s counteroffensive is “not a stalemate” even if it is not…
U.S. urges appeals court to lift curbs on social media contacts
By Brendan Pierson (Reuters) – The Biden administration has asked a federal appeals court to lift an order sharply curbing…
Brazil’s finance minister expects interest to fall to ‘at least’ 12% by year-end
BRASILIA (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Wednesday he expects the basic interest rate to fall to…
First delivery of Boeing 737 MAX 7 delayed to 2024 -US SEC filing
By Valerie Insinna and David Shepardson (Reuters) – Boeing’s first delivery of the 737 MAX 7 has been delayed to…
Fed’s Powell: A September rate rise is possible if data warrants action
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday at a press conference it’s…
Oil falls 1% after Fed rate hike, smaller-than-expected US crude stockdraw
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices fell about 1% on Wednesday, after data showed U.S. crude inventories fell…