Powell says he expects dollar to remain global reserve currency
(Reuters) – Federal Reserve Chair Jerome Powell said on Wednesday he expects the U.S. dollar to remain the world’s reserve…
Business
Powell says U.S. Fed will make “judgment call” on costs of new regulations
By Pete Schroeder WASHINGTON (Reuters) -Raising U.S. bank capital requirements to guard against future losses could increase the cost of…
‘Progress’ in supply chain as jet orders rack up at Paris air show
PARIS (Reuters) – Jet engine maker Pratt & Whitney flagged “solid progress” in the aerospace supply chain on Wednesday, addressing…
Google hit with $15 million verdict in US trial over audio patents
By Blake Brittain (Reuters) – Alphabet’s Google must pay patent holding company Personal Audio LLC $15.1 million for infringing two…
Retail investors slow to buy into ARK Innovation Fund’s blistering rally
By David Randall NEW YORK(Reuters) – Individual investors have given a cold shoulder to Cathie Wood’s ARK Innovation Fund during…
Aerojet to develop propulsion solution for Lockheed’s long-range missile
(Reuters) – Rocket engine maker Aerojet Rocketdyne says it will develop a propulsion system for the Long Range Maneuverable Fires…
Wall Street ends lower, pausing rally as Powell testimony looms
By Stephen Culp NEW YORK (Reuters) – U.S. stocks softened on Tuesday, closing in negative territory as investors began the…
Real estate, tech drag Europe’s STOXX 600 down on rate hike jitters
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) – Tech led European shares lower on Wednesday following hawkish signals from…
Argentina to make $1.9 billion payment to IMF as scheduled – econ min source
BUENOS AIRES (Reuters) – Argentina will make scheduled payments totaling some $1.9 billion to the International Monetary Fund (IMF) on…
JPMorgan names new data chief, head of securities services
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase & Co named Teresa Heitsenrether its chief data and analytics officer,…