Fed’s Powell, in testimony, says inflation fight has “long way to go”
By Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s fight to lower inflation back to its 2% target “has a…
Business
U.S. securities regulator hits top SPAC auditor with $10 million fine
By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Wednesday slapped Marcum LLP with…
US bond traders seek edge by adopting tech -report
By Matt Tracy (Reuters) -U.S. bond investors are coming around to using technology more to trade fixed-income products, as they…
Fed is taking ‘wait and see’ approach, Goolsbee says
By Ann Saphir (Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday that the U.S. central bank…
‘A new era’: US regulator allows first sales of lab-grown meat
By Leah Douglas WASHINGTON (Reuters) -Two companies, Upside Foods and Good Meat, said on Wednesday they have received final U.S….
Skechers sues Steve Madden over sneaker logo trademarks
By Blake Brittain (Reuters) – Shoe maker Skechers sued fashion company Steve Madden in Los Angeles federal court on Tuesday,…
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…
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…