Fitch downgrades Fannie Mae, Freddie Mac after US rating cut
(Reuters) -Ratings agency Fitch on Wednesday downgraded U.S. mortgage finance giants Fannie Mae and Freddie Mac Long-Term Issuer Default Ratings…
August 2023
Wall Street ends down, investors step back after Fitch US rating cut
By David French (Reuters) -Wall Street finished lower on Wednesday, with the S&P 500 and Nasdaq Composite down for a…
Labor, industry gear up for dueling Massachusetts gig worker ballot measures
By Nate Raymond BOSTON (Reuters) -An industry-backed group and a labor union on Wednesday proposed letting voters decide whether Uber…
Bank of England set to raise rates for 14th time in a row
By David Milliken LONDON (Reuters) – The Bank of England is expected to raise interest rates to a 15-year high…
Exclusive-Mongolia, US to sign ‘Open Skies’ deal ahead of talks -Harris, PM
By Trevor Hunnicutt (Reuters) -The United States and Mongolia will sign an “Open Skies” civil aviation agreement, Vice President Kamala…
LATAM Airlines sees stronger 2023 after Q2 results boost
SANTIAGO (Reuters) -LATAM Airlines expects “record” net earnings in 2023 after posting stronger second-quarter results and improved forecasts, company executives…
Occidental Petroleum misses on quarterly profit, raises full-year output
By Mrinalika Roy and Arathy Somasekhar (Reuters) -Occidental Petroleum on Wednesday raised its full-year production forecast by 1%, but missed…
Pence and a Christmas call star in Trump indictment
By Steve Holland and Heather Timmons WASHINGTON (Reuters) -Former Vice President Mike Pence, who confounded attempts by then-President Donald Trump…
Russia strikes Ukraine’s Danube port, driving up global grain prices
By Pavel Polityuk KYIV (Reuters) -Russia attacked Ukraine’s main inland port across the Danube River from Romania on Wednesday, sending…
Apple’s high-yield savings account hits over $10 billion in customer deposits
(Reuters) – Apple’s high-yield savings account offered by its partner Goldman Sachs has reached over $10 billion in customer deposits,…