Stocks Eye Steepest Slide Since 2020 As Central Bankers Roil Markets
By Koh Gui Qing NEW YORK (Reuters) – World stocks whipsawed on Friday to edge closer to their worst week…
Merck Considering Purchase Of Cancer Drug Maker Seagen – WSJ
(Reuters) – Drugmaker Merck & Co is considering buying cancer-focused biotech company Seagen Inc, the Wall Street Journal reported on…
Putin: Russian economy to overcome ‘reckless’ sanctions
ST. PETERSBURG, Russia (AP) — President Vladimir Putin said at Russia’s showpiece investment conference Friday that the country’s economy will…
Fed Policymakers See More Rate Hikes, Soft Landing
(Reuters) -Federal Reserve policymakers on Friday began to publicly sketch out their views of the outlook for interest rates and…
Fed’s Kashkari: ‘prudent’ To Use 50 Bps Hikes After July
(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said he supported the U.S. central bank’s 0.75 percentage…
Vince McMahon will step down during WWE misconduct probe
Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the…
Oil Drops On Recession Concerns, Heading For Weekly Fall
By Bozorgmehr Sharafedin LONDON (Reuters) -Oil prices fell almost 2% on Friday and were on track for a weekly decline…
Elon Musk’s SpaceX Fires At Least Five Over Critical Letter
By Joey Roulette and Eric M. Johnson (Reuters) -Private rocket company SpaceX fired at least five employees after it found…
Foundations embrace organized labor with $20 million plan
Following a string of union victories at Amazon and Starbucks, a group of prominent progressive grant makers is seeking to…
Fed’s Powell: A U.S. Digital Dollar Could Help Maintain International Primacy
(Reuters) – The development of an official digital version of the U.S. dollar could help safeguard its global dominance as…