Fed Policymakers Back Two More Big Rate Hikes, But Then What?
By Howard Schneider and Ann Saphir ATLANTA/ SAN FRANCISCO (Reuters) -U.S. central bankers broadly back two more big interest rate…
Headlines
Asia Stocks Restrained As U.S. Futures Retreat
By Wayne Cole SYDNEY (Reuters) – Asian shares got off to a sluggish start on Tuesday after a rally on…
Bank Of Korea To Raise Rates Again On May 26, To Hit 2.25% By Year End – Reuters Poll
By Shaloo Shrivastava BENGALURU (Reuters) – South Korea’s central bank is likely to hike its benchmark rate at a second…
Amazon to sublease warehouses as online shopping slows
Amazon is planning to sublease some of its warehouse space now that the pandemic-fueled surge in online shopping, which helped…
Dividend Payouts Hit First Quarter Record, But Outlook Rocky
By Lucy Raitano LONDON (Reuters) – Mining and oil firms led an 11% jump in dividend payouts to a first-quarter…
Stellantis making Indiana announcement; may be battery plant
DETROIT (AP) — Automaker Stellantis has scheduled an announcement for Tuesday in Kokomo, Indiana, for what could be the company’s…
Fed’s George Sees Policy Interest Rate Near 2% By August
(Reuters) – Kansas City Federal Reserve Bank President Esther George on Monday said she expects the U.S. central bank to…
Wall Street Rallies On Back Of Big Tech, Banks
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended higher on Monday as gains from banks and a rebound…
Fed’s Daly Says She Does Not Expect A Recession
(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Monday said the U.S. economy has a lot of…
DC sues Zuckerberg over Cambridge Analytica privacy breach
WASHINGTON (AP) — The District of Columbia on Monday sued Meta chief Mark Zuckerberg, seeking to hold him personally liable…