Fed see key services inflation elevated with few signs of easing
By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry “remains elevated and has not shown signs…
Economy
Crypto giant Binance’s US affiliate fires staff after SEC charges -sources
By Angus Berwick and Tom Wilson LONDON (Reuters) – The U.S. affiliate of crypto giant Binance has carried out a…
Crypto investors step up risk management after last year’s meltdowns
By Elizabeth Howcroft LONDON (Reuters) -Cryptocurrency investors have grown more cautious about who they do business with, after being burned…
Blinken heads to Beijing hoping to calm fears of a US-China break
By Humeyra Pamuk WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken goes to Beijing this weekend with expectations low…
Brazil central bank to keep rates steady on June 21, cuts coming soon: Reuters poll
By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its…
Analysis-Sweden braces for fallout from property slump
By Simon Johnson, John O’Donnell and Marie Mannes STOCKHOLM/FRANKFURT (Reuters) -Sweden’s government is ready to step in to stem the…
Mexico interior minister steps down to vie for presidential bid
MEXICO CITY (Reuters) -Mexican Interior Minister Adan Augusto Lopez has resigned from his post to compete for the ruling party’s…
NY Fed in-house forecasts points to better economic outlook for U.S
By Michael S. Derby NEW YORK (Reuters) – The New York Fed’s in-house economic forecasting model is predicting a notably…
Odey Asset Management suspends further funds after investor flight- website
By Nell Mackenzie LONDON (Reuters) -Odey Asset Management has suspended further funds after increased investor redemptions, letters posted on the…
Taliban’s central bank governor meets Chinese envoy to discuss banking ties
By Charlotte Greenfield (Reuters) -The Taliban’s acting governor of the Afghan central bank met China’s ambassador this week to discuss…