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…
Economy
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…
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…
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…
Ukraine expects to secure almost $7 billion from West to rebuild
By Elizabeth Piper and Marc Jones LONDON (Reuters) -Ukrainian Prime Minister Denys Shmyhal said on Wednesday he expected to secure…
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…
Founder of US ‘orgasmic meditation’ group to challenge forced labor charge
By Luc Cohen NEW YORK (Reuters) – The founder of OneTaste, a sexual wellness company that claims to teach “orgasmic…