Gold Holds Steady Near Mid-$1,900 Range Despite Fed’s Hawkish Stance
Gold prices wrapped up the week with minimal movement, bouncing back from a brief dip to a one-week low. The…
September 2023
Yields slip, stocks slide as Fed officials warn of higher rates
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -Treasury prices rebounded but a gauge of global equities fell on…
Dollar up as data highlights US economic resilience; yen slumps
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar advanced against a basket of currencies on Friday as the…
U.S. business activity nears stand-still in September, survey says
NEW YORK (Reuters) – U.S. business activity showed little change in September, with the vast services sector essentially idling at…
Michael Bloomberg outlines succession plan for media empire – NYT
(Reuters) – Michael Bloomberg, co-founder of Bloomberg LP, outlined a succession plan for the financial information and news company, saying…
Britain set to clear fresh Microsoft-Activision deal
By Paul Sandle and Yadarisa Shabong LONDON -Microsoft’s restructured $69 billion acquisition of Activision Blizzard “opens the door” to the…
Gold Hits Weekly Low as Federal Reserve Adopts Hawkish Stance; Further Declines Expected
In a recent twist of events, gold experienced a decline, touching a one-week low as the Federal Reserve made a…
Biden administration announces plans to cut medical bills from credit reports
By Andrea Shalal and Douglas Gillison (Reuters) – The Biden administration on Thursday announced plans to remove medical bills from…
Cisco taps new M&A firm Tidal for $28 billion Splunk deal
By Milana Vinn and Anirban Sen NEW YORK (Reuters) -A new mergers and acquisitions advisory firm launched last year by…
Oil settles lower as Russia fuel export ban boosts, rate hikes weigh
By Laura Sanicola (Reuters) – Oil prices settled lower after choppy trading on Thursday, rising as much as $1 a…