Is the wild ride over? Fed faces broader debate as it tees up rate hike
By Howard Schneider WASHINGTON (Reuters) – Since the Federal Reserve decided to keep interest rates on hold at its June…
Economy
End of Black Sea grains deal promises pain for Africa’s neediest
By Abdi Sheikh and Aaron Ross MOGADISHU (Reuters) – Russia’s announcement that it was withdrawing from a pact that allowed…
Dollar decline slows as investors wait on Fed
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week…
Goldman Sachs cuts probability of US recession in next 12 months
By Davide Barbuscia NEW YORK (Reuters) -Goldman Sachs’ Chief Economist Jan Hatzius said on Monday the bank was cutting its…
Crypto firms facing US SEC charges find hope in Ripple ruling, experts say
By Jody Godoy and Chris Prentice (Reuters) -A cryptocurrency developer’s landmark legal victory against the U.S. Securities and Exchange Commission…
Oil dips over 1.5% on demand fears after weak Chinese data
By Arathy Somasekhar HOUSTON (Reuters) -Oil dropped by more than 1.5% on Monday after weaker than expected Chinese economic growth…
Microsoft granted two-month pause of UK appeal over Activision deal
By Sam Tobin and Paul Sandle LONDON (Reuters) -Microsoft’s appeal against Britain’s block on its $69 billion takeover of Activision…
CDS panel rules UBS is sole successor to Credit Suisse after merger
LONDON (Reuters) -A committee that reviews disputes in the credit default swaps (CDS) market said on Monday that UBS is…
Why does the Black Sea grain deal’s expiry matter?
By Nigel Hunt and Jonathan Saul LONDON (Reuters) – A deal allowing Ukraine to export grain via the Black Sea…
NY Fed report finds Americans increasingly facing borrowing headwinds
By Michael S. Derby (Reuters) – Americans are increasingly getting shot down when they seek out loans, new data from…