Banks can manage outflow risk in Fed’s new payment service system, Mester says
By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S….
US
North Korea fires ICBM as South Korea, Japan leaders meet at NATO
By Josh Smith, Kantaro Komiya and Hyonhee Shin SEOUL/TOKYO (Reuters) -North Korea fired an intercontinental ballistic missile (ICBM) off its…
Biden to host Italian PM at White House on July 27
WASHINGTON (Reuters) – U.S. President Joe Biden will host Italian Prime Minister Giorgia Meloni at the White House on July…
US economic activity rose slightly in recent weeks, Fed survey shows
(Reuters) – U.S. economic activity increased slightly in recent weeks, with slow growth seen continuing in coming months, according to…
US State Dept says it has no reason to doubt Microsoft’s attribution of hack to China hackers
WASHINGTON (Reuters) – The State Department on Wednesday said it has no reason to doubt Microsoft’s accusation that Chinese state-linked…
Crypto firm Circle to cut workforce, focus on core activities
(Reuters) – Circle said on Wednesday it has reduced staff and ended investments in non-core activities as the stablecoin issuer…
US charges second Frank college aid executive with defrauding JPMorgan
By Luc Cohen NEW YORK (Reuters) -U.S. prosecutors on Wednesday unveiled an indictment charging a second former executive of college…
US economy shifts into disinflation mode; consumer prices rise modestly
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose modestly in June and registered their smallest annual increase in…
Twitter owes ex-employees $500 million in severance, lawsuit claims
By Daniel Wiessner (Reuters) – Twitter Inc on Wednesday was hit with a lawsuit accusing it of refusing to pay…
Factbox-Hottest spots in U.S. as heat wave blankets Southwest
(Reuters) – Nearly 100 million Americans are facing a prolonged spell of sweltering weather this week, with the National Weather…