Canada’s Inflation Remains Too High, More Rate Hikes Needed -BOC’s Macklem
OTTAWA (Reuters) – Canadian inflation remains high and broad based and more interest-rate increases will be needed to cool the…
Headlines
$740M in crypto assets recovered in FTX bankruptcy so far
NEW YORK (AP) — The company tasked with locking down the assets of the failed cryptocurrency exchange FTX says it…
Shares Rise, U.S. Treasury Yields Drop As Fed Minutes Suggest Slower Rate Hikes
By Chibuike Oguh NEW YORK (Reuters) -World equities rose while U.S. Treasury yields retreated after minutes of the Federal Reserve’s…
U.S. Weekly Jobless Claims At 3-month High; Equipment Spending Resilient
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits increased to a three-month…
Most Fed officials at last meeting backed slower rate hikes
WASHINGTON (AP) — Most Federal Reserve officials at their last meeting favored reducing the size of their interest rate hikes…
U.S. Weekly Jobless Claims Rise To 3-month High; Equipment Spending Strong
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits increased to a three-month…
High mortgage rates send homebuyers scrambling for relief
LOS ANGELES (AP) — Mortgage rates are more than double what they were a year ago, so many homebuyers are…
Republican Presses Twitter Chief Elon Musk To Better Protect U.S. User Data
By Diane Bartz WASHINGTON (Reuters) – Top Senate Republican Chuck Grassley urged Elon Musk, who recently acquired Twitter, to conduct…
Nigeria hopes new currency notes curb inflation, corruption
ABUJA, Nigeria (AP) — Nigeria on Wednesday launched newly designed currency notes, a move that the West African nation’s central…
Bank Regulators Identify Shortcoming In Citigroup Resolution Plan
By Hannah Lang (Reuters) – The U.S. Federal Reserve and Federal Deposit Insurance Corp. identified a shortcoming in Citigroup Inc’s…