Why Fed worries about the strongest US job market in decades
WASHINGTON (AP) — Chair Jerome Powell isn’t as pleased with the robust U.S. job market as you might think he’d…
Amsterdam Trade Bank, Part Of Russia’s Alfa Bank, Declared Bankrupt
By Toby Sterling AMSTERDAM (Reuters) – Amsterdam Trade Bank (ATB), a subsidiary of Russia’s Alfa Bank, has been declared bankrupt,…
Oil Falls On Growth Concerns, Shanghai Lockdown
By Arathy Somasekhar HOUSTON (Reuters) -Oil slipped on Friday and headed for a weekly decline, burdened by the prospect of…
Fed Seen Going Big And Then Bigger On Rate Hikes Ahead
(Reuters) – The Federal Reserve is poised to follow a half-of-a-percentage point interest rate hike in May with two even…
Yellen Says Lowering U.S. Tariffs On Chinese Goods ‘worth Considering’
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday said it was worth considering taking steps to lower U.S….
Wall St Tumbles As Weak Earnings, Rate Hike Worries Weigh
By Bansari Mayur Kamdar and Anisha Sircar (Reuters) – U.S. stocks tumbled on Friday after some weak earnings reports, with…
Schlumberger Reports Higher Profit As Drilling Activity Increases, Hikes Dividend
By Rithika Krishna and Liz Hampton (Reuters) – Top oilfield services firm Schlumberger reported a higher first-quarter profit on Friday…
Big Tech faces ‘major’ EU law on hate speech, disinformation
LONDON (AP) — Taking aim at hate speech, disinformation and other harmful content online, the European Union is nearing agreement…
Exclusive-Germany Cuts 2022 Economic Growth Forecast To 2.2% – Source
BERLIN (Reuters) -The German government will cut its growth forecast for Europe’s biggest economy for 2022 to 2.2% from 3.6%…
New blasts at Polish coal mine halt search for 7 missing
WARSAW, Poland (AP) — New blasts at a Polish coal mine injured 10 rescue workers and forced authorities on Friday…