Bullard: Rates may still need to rise another half-point this year
WASHINGTON (Reuters) – The Federal Reserve may still need to raise its benchmark interest rate by another half-point this year,…
US
Analysis-G7’s nuanced pledge to ‘de-risk’ from China reflected concerns from Europe and Japan
By Yukiko Toyoda and David Dolan TOKYO (Reuters) -The leaders of the Group of Seven (G7) rich democracies this weekend…
Micron expects Chinese ban to affect revenue up to high-single digits
(Reuters) – Micron Technology Inc expects China’s ban on company’s infrastructure chips to impact revenue in the low-single to high-single…
BNY expands short-term investment options as investors chase yields
By Laura Matthews NEW YORK (Reuters) – BNY Mellon is expanding its offering of short-term investment products as investors chase…
Foreign investment in Germany steady in tough environment
BERLIN (Reuters) -Foreign investment in Germany was stable in 2022, data from Germany Trade & Invest (GTAI), showed on Monday,…
South Korea, EU agree to boost security ties amid Ukraine, North Korea tension
By Hyonhee Shin SEOUL (Reuters) – South Korea and the European Union agreed on Monday to step up cooperation on…
Biden and McCarthy to meet on Monday as debt ceiling talks resume
By David Morgan, Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden and House Republican Speaker Kevin McCarthy…
Cybersecurity firms’ earnings set to benefit from growing threat of hacks
By Samrhitha A and Vansh Agarwal (Reuters) – Top U.S. cybersecurity companies are expected to report another quarter of strong…
Marketmind: Tech politics, debt cap brinkmanship
A look at the day ahead in U.S. and global markets from Mike Dolan. Well-choreographed brinkmanship over the debt ceiling…
Meta hit by record 1.2 billion euro fine by EU over U.S. data transfers
DUBLIN (Reuters) – Meta was hit on Monday with a record 1.2 billion euro ($1.3 billion) fine by its lead…