Stocks fall, yields climb on rate hike view
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks slipped on Wednesday after back-to-back gains as investors…
Business
U.S. banking regulator warns ‘open banking’ could impact deposit outflows
By Hannah Lang (Reuters) – The evolution of “open banking” in the U.S. could impact how regulators supervise banks, as…
Meta lays off tech teams, battering employee morale
By Katie Paul and Yuvraj Malik (Reuters) – Meta Platforms Inc on Wednesday carried out another round of job cuts,…
Nasdaq profit beats expectations, helped by anti-financial crime unit
(Reuters) -Nasdaq Inc on Wednesday reported first-quarter profits that beat Wall Street estimates as demand for its anti-financial crime software…
US Supreme Court gives Turkey’s Halkbank another chance to avoid charges
By Andrew Chung WASHINGTON (Reuters) -The U.S. Supreme Court on Wednesday gave Turkey’s state-owned lender Halkbank another chance to avoid…
GE’s largest union ratifies 2-year contract extension with wage hike
(Reuters) – General Electric Co’s workers have ratified a two-year contract extension that provides for a 12% rise in wages,…
US economic activity little changed, Fed report shows
By Ann Saphir (Reuters) -U.S. economic activity was little changed in recent weeks as employment growth moderated somewhat and price…
Florida board says it discovers another ’11th hour’ agreement with Disney
By Dawn Chmielewski and Lisa Richwine (Reuters) – Florida Governor Ron DeSantis’ new oversight board has discovered another “11th hour…
Oil falls 2% as dollar gains on potential Fed rate hike
By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 2% to a two-week low on Wednesday despite a sharp…
EU urges others to copy its rules for cryptoassets
By Huw Jones LONDON (Reuters) – The rest of the world should copy European Union rules for cryptoassets to create…