Fed’s Jefferson, fellow Fed nominees advance toward confirmation
By Moira Warburton and Ann Saphir WASHINGTON (Reuters) -U.S. President Joe Biden’s three Federal Reserve Board nominees, including his pick…
Economy
Countries agree to extend digital services tax freeze through 2024
PARIS (Reuters) -With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for…
Twitter owes ex-employees $500 million in severance, lawsuit claims
By Daniel Wiessner (Reuters) – Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay…
Hollywood studios, actors agree to mediation as strike deadline looms
By Lisa Richwine LOS ANGELES (Reuters) -Negotiators for the SAG-AFTRA actors union agreed late Tuesday to call in a federal…
Domino’s to start using Uber for food orders, shares surge
By Granth Vanaik and Juveria Tabassum (Reuters) -Domino’s Pizza shares surged 10% on Wednesday after the chain said customers can…
Bank of Canada hikes rates, says prepared to raise them further
By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -The Bank of Canada on Wednesday hiked its key overnight rate by…
Options hedges against a break in US stock market calm at record high
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Options traders are taking advantage of muted U.S. stock market gyrations to…
Cuba condemns EU Parliament resolution calling for sanctions against president
HAVANA (Reuters) – Cuba’s National Assembly said on Wednesday it “strongly condemns” a resolution by the European Parliament, which criticized…
June inflation data may have pushed Fed over the mountaintop
By Howard Schneider WASHINGTON (Reuters) -A year after U.S. inflation peaked and touched off an aggressive turn in monetary policy,…
Tesla says Model 3 consumer tax credits likely to be reduced after Dec.31
By Hyunjoo Jin and David Shepardson SAN FRANCISCO (Reuters) -Tesla said the $7,500 federal tax credits for its Model 3…