Instant view: Fed raises interest rates, leaves door open to another increase
NEW YORK (Reuters) – The Federal Reserve raised interest rates by a quarter of a percentage point on Wednesday, citing…
2023
Top US Senate Republican Mitch McConnell freezes up, leaves press conference
By Richard Cowan WASHINGTON (Reuters) -Top U.S. Senate Republican Mitch McConnell froze up for about 21 seconds while speaking to…
PacWest stock soars on $1.1 billion buyout deal with Banc of California
By Niket Nishant and Manya Saini (Reuters) -PacWest Bancorp’s shares jumped nearly 29% on Wednesday, as investors cheered Banc of…
Global shares flat, US yields fall after Fed delivers rate hike
By Chibuike Oguh NEW YORK (Reuters) – Global shares were mostly flat while U.S. yields fell on Wednesday after the…
Owners of morning-after pill Plan B mulling $4 billion sale of company – source
By Abigail Summerville (Reuters) – The private equity owners of popular emergency contraception pill Plan B, Foundation Consumer Healthcare, have…
Raymond James profit misses estimates on decline in deals
(Reuters) – Raymond James missed quarterly profit estimates on Wednesday as Wall Street’s prolonged dealmaking slump impacted its investment banking…
Biden orders US to share Russian war crimes evidence with ICC -official
By Trevor Hunnicutt and Idrees Ali WASHINGTON (Reuters) -U.S. President Joe Biden has ordered his administration to begin sharing evidence…
US new home sales fall, but trend remains strong
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes fell in June after three straight monthly increases,…
US House Republicans overcome hurdle on first 2024 spending bill
By David Morgan and Katharine Jackson WASHINGTON (Reuters) – The Republican-controlled U.S. House of Representatives began debating the first of…
Exclusive-Amazon has drawn thousands to try its AI service competing with Microsoft, Google
By Jeffrey Dastin (Reuters) – Amazon.com’s cloud division has drawn thousands of customers to try out its service vying with…