Powell: Fed Will “keep Pushing” Until Clear Inflation Is Declining
WASHINGTON (Reuters) – The Federal Reserve will “keep pushing” to tighten U.S. monetary policy until it is clear inflation is…
Reuters
Strong U.S. Retail Sales, Manufacturing Output Boost Economic Outlook
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rose strongly in April as consumers bought more motor vehicles amid…
Traders Can Decide If Russian Commodities Deals Are Allowed -Swiss
By Michael Shields ZURICH (Reuters) – Trading houses can decide for themselves whether commodity deals with state-controlled Russian companies meet…
Walmart Profit Falls Short, Cuts Outlook, Hit By Higher Fuel And Labor Costs
By Uday Sampath Kumar and Siddharth Cavale (Reuters) -Walmart Inc reported a 25% drop in quarterly earnings and cut its…
JPMorgan Shareholders Reject Special Payout To CEO Dimon
NEW YORK (Reuters) – Only 31% of votes cast in a shareholder advisory referendum on Tuesday supported JPMorgan Chase &…
Canada’s Telus To Invest $17 Billion In Alberta On Network Infrastructure
(Reuters) – Telus Corp said on Tuesday it would invest $17 billion in network infrastructure, operations and spectrum across Canada’s…
Twitter’s Account Of Deal Shows Musk Signing Without Asking For More Info
By Greg Roumeliotis (Reuters) -Twitter Inc published its account on Tuesday of its deal negotiations with Elon Musk, showing he…
Dollar Rally Stalls As Risk Appetite Returns
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar eased for a third straight day on Tuesday, pulling back…
Archegos’ Bill Hwang Asks For Morgan Stanley Probe After Costly Short Squeeze – Bloomberg News
(Reuters) – Archegos Capital Management founder Bill Hwang has asked for a probe into Morgan Stanley to review if someone…
Factbox-Companies Sell Their Businesses In Russia
(Reuters) -Some Western companies have agreed to sell their Russian assets or hand them over to local managers as they…