Wall Street ends higher, dollar climbs on solid data, debt ceiling progress
By Stephen Culp NEW YORK (Reuters) – U.S. stocks rallied and the dollar reached a seven-week peak on Thursday as…
Economy
US dollar hits seven-week high, bolstered by data, debt ceiling hopes
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar rose to seven-week peaks on Thursday as another round of solid…
Charlie Javice, the startup founder accused of defrauding JPMorgan, is indicted
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) -The young entrepreneur Charlie Javice has been indicted on charges of…
RBNZ to hike rates one last time by 25 bps on May 24 – Reuters poll
By Devayani Sathyan BENGALURU (Reuters) – The Reserve Bank of New Zealand will hike interest rates by a final quarter…
Banxico breaks 2-year hiking cycle, sees rates on hold for a while
MEXICO CITY (Reuters) -The Bank of Mexico, in a unanimous decision by its five-member board, kept its benchmark interest rate…
US manufacturers can’t shake that inflation feeling even as supply snarls ease
By Timothy Aeppel CHICAGO (Reuters) -For Matthew Prange, it’s easy to see why the inflation surge of the last two…
Yellen reaffirms strength of US banking system in meeting with bank CEOs -Treasury
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen reaffirmed the strength and soundness of the country’s banking system in a…
FTX seeks to claw back over $240 million from Embed acquisition
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto exchange FTX is seeking to claw back more than $240 million…
Turkish lira hits record low as bonds steady after post-election rout
By Libby George LONDON (Reuters) – Turkey’s lira weakened to a record low against the dollar on Thursday, after incumbent…
Oil prices settle down 1%; strong US data boosts dollar
By Scott DiSavino NEW YORK (Reuters) -Oil prices slid about 1% on Thursday after solid U.S. economic data spurred the…