Powell: Fed Needs Independence To Fight Inflation, Should Avoid Social Policy
By Lindsay Dunsmuir and Howard Schneider STOCKHOLM (Reuters) -The Federal Reserve’s independence from political influence is central to its ability…
Amazon Faces Renewed Pressure From UK Lawmakers Over Warehouse Conditions
By Martin Coulter LONDON (Reuters) -UK lawmakers have called on Amazon to clarify comments made by a senior executive at…
Inflation Fighting Central Bankers Air Climate Role Doubts
By Francesco Canepa and Lindsay Dunsmuir STOCKHOLM (Reuters) -Some of the world’s top central bankers aired concerns about being expected…
Chevron’s First Cargo Of Venezuelan Oil After License Departs To U.S
HOUSTON (Reuters) – Chevron Corp’s first cargo of Venezuelan crude after a U.S. license received in November has departed from…
Crypto Contagion Deepens: Coinbase To Lay Off About 950 Employees
By Manya Saini and Niket Nishant (Reuters) -Coinbase Global Inc said on Tuesday it will cut about 950 jobs, or…
Analysis-Central Europe’s Path To Lower Inflation Strewn With Hazards
By Luiza Ilie and Gergely Szakacs BUCHAREST (Reuters) – Romania’s 25 basis point rate hike on Tuesday may signal an…
Bed Bath & Beyond Reports Quarterly Loss, Bankruptcy Threat Looms
(Reuters) -Bed Bath & Beyond Inc on Tuesday reported a quarterly loss of about $393 million after a tough holiday…
Morgan Stanley bumps up China growth, stocks and yuan forecasts
By Marc Jones LONDON (Reuters) – Morgan Stanley has bumped up its China growth, stock market and yuan forecasts again,…
U.S. banks get ready for shrinking profits and recession
By Saeed Azhar, Niket Nishant and Lananh Nguyen NEW YORK (Reuters) – U.S. banking giants are forecast to report lower…
Goldman Sachs No Longer Expects Recession In Euro Zone In 2023
(Reuters) -Goldman Sachs said on Tuesday it expects the euro zone economy to grow by 0.6% this year, compared with…