Fearing High Inflation, ECB To Stay On Course To Unwind Stimulus
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – The European Central Bank may outline on Thursday a clearer schedule…
Fed’s Waller: Need Fast Rate Hikes, But Not A Volcker Moment
(Reuters) -Federal Reserve Governor Christopher Waller on Wednesday said the U.S. central bank needs to raise rates aggressively to fight…
Amazon adds 5% ‘fuel and inflation surcharge’ to seller fees
Amazon is taking a step to offset its rising costs, announcing Wednesday it will add a 5% “fuel and inflation…
Canada’s TD Bank To Offer Salary Hikes, One-time Cash Rewards To Employees
(Reuters) – TD Bank Group will offer eligible employees a 3% increase to their base pay or a one-time cash…
Rent The Runway Reports Quarterly Revenue Above Estimates
(Reuters) – Rent the Runway on Wednesday reported a 91% jump in fourth-quarter revenue, beating Wall Street estimates. The company…
Fed’s Waller: Inflation Has Peaked, Still Need Fast Rate Hikes – CNBC
(Reuters) – Federal Reserve Governor Christopher Waller on Wednesday said he believes inflation has “pretty much” peaked, but the U.S….
Fed’s Bullard Says Central Bank Must Put Brakes On Economic Activity -FT
(Reuters) -The U.S. Federal Reserve must put the brakes on economic activity to tackle surging prices, James Bullard, president of…
Wall Street Advances On Growth Stocks As Earnings Season Begins
By Stephen Culp NEW YORK (Reuters) – Wall Street headed higher on Wednesday, powered by a rebound in market-leading growth…
Amazon To Charge Merchants 5% Surcharge For Fulfillment Services As Fuel Costs Rise
(Reuters) – Amazon.com Inc on Wednesday said it will charge merchants an average 5% fuel and inflation surcharge to warehouse…
Stellantis CEO Upbeat On U.S. As Shareholders Vote Against Pay Package
By Giulio Piovaccari and Gilles Guillaume (Reuters) -Stellantis Chief Executive Carlos Tavares on Wednesday took a bullish stance on the…