Tech powers Nasdaq gains; recession fears weigh on cyclicals, dollar
By Stephen Culp NEW YORK (Reuters) – The Nasdaq rose and the dollar weakened on Wednesday as investors weighed solid…
US
New image reveals violent events near a supermassive black hole
By Will Dunham WASHINGTON (Reuters) – Expanding upon the historic first images of black holes, scientists on Wednesday unveiled the…
Exclusive-US allowed JPMorgan payment route for Russian grain export
MOSCOW (Reuters) -The United States gave JPMorgan permission to process payments for agricultural exports via the Russian Agricultural Bank, but…
US prepares for more migrant crossings as border restrictions set to end
By Ted Hesson and Matt Spetalnick WASHINGTON (Reuters) -President Joe Biden’s administration is devising a strategy for the possible arrival…
Oil drops nearly 4% as recession fears outweigh US inventory draw
(Refiles to fix formatting) By Laila Kearney NEW YORK (Reuters) – Oil prices dropped by almost 4% on Wednesday, extending…
Dollar weakens on fresh signs of slowdown, euro rebounds
By Herbert Lash NEW YORK (Reuters) – The dollar retreated on Wednesday on fresh signs of a U.S. slowdown after…
Venture capital firm Greycroft raises nearly $1 billion across two funds
(Reuters) -Venture capital firm Greycroft has raised over $980 million across two funds to invest in early- and growth-stage companies,…
US Treasury’s financial crimes unit hits state-chartered trust with penalty
(Reuters) – The U.S. Treasury Department’s Financial Crimes Enforcement Network on Wednesday hit a South Dakota-chartered Kingdom Trust Company with…
SVB’s former parent may need new funding after $2 billion cash seizure
By Dietrich Knauth (Reuters) – Silicon Valley Bank’s former owner may need to take out a bankruptcy loan amid uncertainty…
New migrant caravan heads for Mexico City to speed up legal route to US
By Lizbeth Diaz TAPACHULA (Reuters) – Thousands of migrants, detained for months in southern Mexico, formed a new caravan in…