UAW to open contract talks with Detroit Three automakers on Thursday
By David Shepardson (Reuters) -The United Auto Workers union said on Monday it will open contract talks with Detroit’s Big…
Economy
Daimler Truck raises 2023 guidance for revenue, profit
BERLIN (Reuters) -Daimler Truck has raised its profit and revenue guidance due to an easing of supply chain constraints, stronger…
Fed plans to boost US banks’ reserve requirements; industry gripes
By Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve’s top regulatory official laid out a sweeping plan to increase capital…
Fed closing in on end of rate hiking cycle, central bank officials say
By Ann Saphir and Michael S. Derby (Reuters) -The Federal Reserve will likely need to raise interest rates further to…
Wall Street muted as traders eye inflation data
By Lawrence Delevingne and Nell Mackenzie (Reuters) -Wall Street stocks rose slightly on Monday, while oil prices and the dollar…
UK’s Hunt says government and BoE will tame inflation
By David Milliken LONDON (Reuters) – Britain’s government and the Bank of England “will do what is necessary, for as…
Analysis-New anti-ESG rule in Missouri offers US Republicans another path away from ‘wokeness’
By Ross Kerber (Reuters) – A new Missouri securities rule offers a template for Republican U.S. state officials who want…
Massive Options Bet on Palantir
A major player with deep pockets has taken a bullish position on PLTR, raising eyebrows. Today, a substantial position…
US dollar drops to three-week low as Fed rate hikes nearly done
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to a three-week low on Monday after comments by Federal…
EU seals new US data transfer pact, but challenge likely
By Foo Yun Chee BRUSSELS (Reuters) -The European Commission announced a new data transfer pact with the United States on…