U.S. Fed Should Stop Quantitative Easing ‘now,’ BlackRock Says
NEW YORK (Reuters) – The U.S. Federal Reserve should stop buying bonds from the market now to contain rampant inflation,…
Headlines
U.S. Inflation Data Hits Global Stocks, Lifts Benchmark Yields
By Chris Prentice and Tommy Wilkes WASHINGTON/LONDON (Reuters) -Major global stock indexes fell on Thursday under pressure from crucial U.S….
U.S. Posts $119 Billion Budget Surplus In January; First In Over 2 Years
(Reuters) – The U.S. government posted a $119 billion budget surplus in January, the first in more than two years,…
U.S. SEC Proposes Changes To Whistleblower Program To Capture More Tipsters
By Katanga Johnson WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission on Thursday proposed changing the rules of its…
Fed’s Bullard Wants U.S. Rates A Full Percentage Point Higher By July
By Ann Saphir (Reuters) – St. Louis Federal Reserve Bank President James Bullard said Thursday that he has become “dramatically”…
Uber Sees $5 Billion 2024 Operating Profit, Short Of View; Shares Drop
By Tina Bellon and Nivedita Balu (Reuters) -Uber Technologies Inc laid out a $5 billion operating profit for 2024 that…
Uber’s Expected $5 Billion 2024 Operating Profit Falls Short Of View, Shares Drop
By Tina Bellon and Nivedita Balu (Reuters) -Uber Technologies Inc on Thursday said it would report around $5 billion in…
Investors Gird For More Hawkish Fed After Sharp Inflation Rise
By Devik Jain, Davide Barbuscia and Chuck Mikolajczak NEW YORK (Reuters) – Investors were bracing for more market volatility after…
EXPLAINER: Why US inflation is so high, and when it may ease
WASHINGTON (AP) — Last year, it was a nasty surprise. And it wasn’t supposed to last. But now, inflation has…
Manulife Says Higher Premiums Can Offset Expected Inflation Jump
By Nichola Saminather TORONTO (Reuters) – Manulife Financial Corp sees the higher inflation and interest rates expected this year as…