Instant View: Still-hawkish Fed pauses rate tightening after 10 straight hikes
NEW YORK (Reuters) – The Federal Reserve kept interest rates unchanged on Wednesday but signaled in new economic projections that…
Business
Charles Schwab forecasts up to 11% drop in second-quarter revenue
By Sri Hari N S (Reuters) -Charles Schwab expects its second-quarter revenue to drop by 10% to 11% due to…
Tech Mahindra sub must face claims of bias against non-South Asian workers
By Daniel Wiessner (Reuters) – A U.S. appeals court on Wednesday revived a lawsuit by a white former employee of…
Oil drops 1.5% as Fed projects more rate hikes this year
By Arathy Somasekhar HOUSTON(Reuters) – Oil prices fell 1.5% on Wednesday after the U.S. Federal Reserve projected more interest rate…
Fed’s Powell: July FOMC will be a ‘live’ meeting
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the central bank’s next rate-setting meeting in July would be…
Volkswagen subsidy to cost Canada C$2.4 billion more than forecast
By Ismail Shakil OTTAWA (Reuters) -Canada’s budgetary watchdog estimated on Wednesday that a deal offering Volkswagen production tax credits to…
Potential Olympics sponsorship deal tests LVMH heir Antoine Arnault
By Mimosa Spencer PARIS (Reuters) – The final shape of LVMH’s likely Olympics sponsorship rests on Antoine Arnault, one of…
Google launches AI-powered advertiser features in push for automation
By Sheila Dang (Reuters) – Alphabet’s Google said on Wednesday it is launching two new artificial intelligence-powered features for advertisers…
Macron to meet Elon Musk in Paris to talk Tesla investment
By Michel Rose (Reuters) – French President Emmanuel Macron said he will meet with Tesla CEO Elon Musk on Friday,…
PGA Tour, LIV golf deal needs close DOJ scrutiny, senators say
By David Shepardson WASHINGTON (Reuters) – U.S. Senators Elizabeth Warren and Ron Wyden asked the Justice Department to open an…