Instant View: Fed Hikes 50 Bp As Expected, Unveils Balance Sheet Reductions
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half a percentage point,…
Reuters
Stocks Take Fed Rate Hike In Stride, Crude Jumps
By Herbert Lash NEW YORK (Reuters) -U.S. stocks initially rose and Treasury yields trimmed gains on Wednesday after the Federal…
StanChart Pay Plans For Top Bosses Pass; Sizeable Minority Protest
LONDON (Reuters) -Standard Chartered’s pay plans for top executives were approved by shareholders on Wednesday, but a sizeable minority of…
Companies Count The Cost Of Ditching Russia
(Reuters) – Multinationals that announced their exit from Russia, or suspension of activities there, after Moscow’s invasion of Ukraine on…
Nissan Says It Will Invest More Than $700 Million In Mexico
MEXICO CITY (Reuters) – Japanese automaker Nissan Motor Co said on Wednesday it will invest more than $700 million in…
Inflation Pushing More Borrowers With Low FICO Scores To Default -study
NEW YORK (Reuters) – Soaring inflation pushing the price up for everyday items like gas and groceries in the United…
Intuit To Pay $141 Million To Settle TurboTax Deception Claims
By Jonathan Stempel NEW YORK (Reuters) -Intuit Inc agreed to pay $141 million in restitution to settle claims by all…
Markets Mostly Quiet Ahead Of Fed Decision, Crude Jumps
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -U.S. and European equities mostly wavered on Wednesday while Treasury yields…
Rouble Jumps To Around 2-year High Vs Dollar, Euro As EU Ups Sanctions
(Reuters) -The Russian rouble jumped on Wednesday to around a two-year high against both the dollar and the euro, retaining…
Moderna Sees Higher COVID Vaccine Sales Later This Year
By Manas Mishra (Reuters) -Moderna Inc on Wednesday forecast higher vaccine sales for the second half of the year than…