Biden Nominee Raskin Says Not Fed’s Job To Dictate Lending
By Pete Schroeder WASHINGTON (Reuters) -Sarah Bloom Raskin, President Joe Biden’s pick to lead the Federal Reserve’s regulatory work, told…
Reuters
Siemens To Increase Research And Development Spending – CEO
ZURICH (Reuters) – Siemens is ramping up its spending on research and development above its rivals, Chief Executive Roland Busch…
Honeywell’s Revenue Misses Estimates On Supply Woes, Lower Mask Demand
(Reuters) -Honeywell International Inc reported lower-than-expected quarterly sales on Thursday, hit by supply chain challenges at its aerospace segment and…
Statement From The ECB Following Policy Meeting
FRANKFURT, Feb 3 (Reuters) – Following is the statement from the European Central Bank following its policy meeting. The Governing…
Bank Of England Hikes Rates In Clamour To Contain Spiralling Inflation
By Andy, Bruce, and, David and Milliken LONDON, Feb 3 (Reuters) – The Bank of England raised interest rates to…
Hershey Beats Quarterly Sales Estimates
(Reuters) – Hershey Co reported quarterly sales that beat Wall Street estimates on Thursday, as the Kit Kat maker benefited…
U.S. Job Market Faces Reshuffling As Workers Quit At Near Record Rates
By Jonnelle Marte and Aleksandra Michalska (Reuters) – Gina Marino quit two jobs last year. In the summer, she left…
Nasdaq Futures Sink 2% After Facebook’s Dour Forecast
(Reuters) – Nasdaq 100 futures fell nearly 2% on Thursday as Facebook owner Meta Platforms’ disappointing forecast triggered a slump…
More Than Four
(Corrects story published Jan. 27 to show in paragraph 4 that the gap between three- and six-month yields is at…
Stocks End Higher On Strong Tech Amid Mixed U.S. Earnings, Weak Economic Reports
(This Feb 2 story adds dropped word “tech” in headline) By Katanga Johnson WASHINGTON (Reuters) – Global stocks rallied on…