By Steve Holland and Nandita Bose WASHINGTON (Reuters) – President Joe Biden challenged Republicans on Tuesday to release a budget…
Judge tightens Sam Bankman-Fried’s bail, sets hearing
By Abinaya V, Shubham Kalia and Jonathan Stempel NEW YORK (Reuters) -A federal judge on Tuesday ordered Sam Bankman-Fried not…
Coffee trumps economic crisis as Tim Hortons opens in Pakistan
LAHORE, Pakistan (Reuters) – Pakistanis are queuing for hours to grab coffee and pastries from Canadian chain Tim Hortons, which…
Rents push up U.S. consumer prices; inflation gradually cooling
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices accelerated in January as Americans continued to be burdened by higher…
Analysis-Sticky inflation, weak earnings could hobble U.S. stock surge
By Lewis Krauskopf NEW YORK (Reuters) – A rally that has lifted stocks in the early weeks of 2023 may…
Hedge fund D. E. Shaw raises $1.1 billion for two private market funds
(Reuters) – Hedge fund D. E. Shaw Group said on Tuesday it had raised a total of $1.1 billion for…
Argentine savers ‘drown’ under spiraling prices as inflation hits 99%
By Miguel Lo Bianco and Horacio Soria BUENOS AIRES (Reuters) – Argentina’s inflation rate has hit just shy of 100%,…
JPMorgan CFO sees nearly 20% drop in banking revenue in first quarter
(Reuters) – JPMorgan Chase & Co, the largest U.S. bank by assets, is expecting a nearly 20% drop in banking…
Mexico’s top diplomat says met with Tesla brass, ‘good news’ imminent
MEXICO CITY (Reuters) – Mexican Foreign Minister Marcelo Ebrard said on Tuesday he met with senior executives from electric automaker…
Fed not yet done on hikes but likely close, Harker says
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation and will…