Stocks rise, dollar pares losses after Fed signals more hikes ahead
By Sinéad Carew (Reuters) – MSCI’s global equity index closed slightly higher on Wednesday after a volatile afternoon while the…
Economy
U.S. House panel votes to raise commercial pilot retirement age to 67
By David Shepardson WASHINGTON (Reuters) -A U.S. House of Representatives committee on Wednesday narrowly voted to raise the mandatory commercial…
Google faces EU break-up order over anti-competitive adtech practices
By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s Google may have to sell part of its lucrative adtech business to…
US dollar falls, but off four-week lows, as Fed signals more rate hikes
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar slid on Wednesday after the Federal Reserve held interest rates…
At a Buenos Aires soup kitchen, lines grow longer as inflation soars
By Miguel Lo Bianco BUENOS AIRES (Reuters) – Anahí Robledo feeds 50 families each day at the community kitchen she…
Argentina annual inflation hits 114% but monthly rate slows unexpectedly
By Jorge Otaola BUENOS AIRES (Reuters) – Argentina’s annual inflation rate topped 114% in May, but in a silver lining…
The Fed’s stages of inflation grief, in Powell’s words
By Howard Schneider WASHINGTON (Reuters) – Federal Reserve policymakers reached a milestone on Wednesday when they left the U.S. central…
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…
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…