World Bank, ‘alarmed’ by events in Niger, pauses disbursements
By Kanishka Singh and Andrea Shalal WASHINGTON (Reuters) -The World Bank on Wednesday said it was “alarmed” by efforts to…
August 2, 2023
Stocks drop, Treasury yields edge up after Fitch downgrades US
By Lawrence Delevingne (Reuters) -Global stocks slumped on Wednesday, while Treasury yields ticked up and the dollar gained, as investors…
Five takeaways from the Trump indictment over the plot to overturn the 2020 election
By Luc Cohen NEW YORK (Reuters) – Here are five takeaways from Tuesday’s indictment accusing former U.S. President Donald Trump…
Trump faces federal charges for efforts to overturn 2020 election
By Sarah N. Lynch, Jacqueline Thomsen and Andrew Goudsward WASHINGTON (Reuters) -Donald Trump was indicted on Tuesday for his wide-ranging…
Electronic Arts shares drop as competition, lower spending hit bookings forecast
(Reuters) -Electronic Arts shares sank more than 7% on Wednesday, a day after the videogame publisher projected quarterly net bookings…
Kansas City Fed’s new chief is a veteran banking executive
By Ann Saphir (Reuters) -After more than a year of search, the Kansas City Federal Reserve Bank has a new…
Oil settle lower despite record US crude stock drawdown
By Laura Sanicola (Reuters) -Oil prices settled down 2% on Wednesday despite a historic drop in U.S. crude stocks, as…
Ethiopian military clashes with militia in Amhara, injuries reported
By Dawit Endeshaw ADDIS ABABA (Reuters) -Ethiopia’s military has clashed with fighters from a militia in the Amhara region, residents…
Dollar shrugs off Fitch’s U.S. downgrade, advances on strong jobs data
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Wednesday as investors shrugged off Fitch’s U.S….
AMD shares fall as analysts worry AI chip targets may be ambitious
(Reuters) – Advanced Micro Devices’s shares fell about 6% on Wednesday as analysts raised concerns that the chip designer’s targets…