Wall Street Whipsaws, S&P Closes Lower On Worries Of Prolonged Inflation
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended a whipsaw session slightly lower on Thursday, as investors juggled…
Financial Giants Tiptoe Into TikTok
By Chris Taylor NEW YORK (Reuters) – As TikTok accounts focused on money gain huge followings, stodgy financial firms are…
U.S. Senate Confirms Powell For Second Term As Fed Chief In Bipartisan Vote
By David Morgan and Ann Saphir WASHINGTON (Reuters) -The U.S. Senate on Thursday confirmed Jerome Powell to a second four-year…
California lawmakers raise awards for malpractice lawsuits
SACRAMENTO, Calif. (AP) — The California Legislature on Thursday agreed to increase how much money people can win in medical…
GE Sees Improvement In Company Businesses In H2
By Rajesh Kumar Singh CHICAGO (Reuters) -General Electric Co on Thursday said it expects an improvement across its businesses in…
Senate confirms Powell for 2nd term as Fed fights inflation
WASHINGTON (AP) — The Senate on Thursday confirmed Jerome Powell for a second four-year term as Federal Reserve chair, giving…
Bank Of Canada Says Rates Are Too Stimulative, Downplays 75 Bps Hike
By Julie Gordon and David Ljunggren OTTAWA (Reuters) -The Bank of Canada’s policy rate, at 1%, is “too stimulative” given…
Dollar Rally Accelerates Slide In Metals
By Ashitha Shivaprasad (Reuters) – Gold and other precious metals dropped on Thursday, with palladium shedding more than 8%, as…
U.S. Treasury’s Yellen Says Fed Can Bring Down Inflation Without Causing Recession
WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said that she believes the Federal Reserve can bring down inflation without causing…
Swedish Match Investors Divided Over Philip Morris Bid
By Richa Naidu LONDON (Reuters) -Some Swedish Match investors are divided about whether Philip Morris’ $16 billion offer for the…