By Ann Saphir and Howard Schneider (Reuters) -For most of this year, Federal Reserve policymakers salted their speeches with new-to-central-banking…
AMD launches data center CPU ‘Genoa’, taps Google, Microsoft as customers
By Jane Lanhee Lee and Chavi Mehta (Reuters) – Advanced Micro Devices Inc launched its latest data center chip on…
U.S. watchdog will review FAA oversight of key Boeing 737 MAX features
By David Shepardson WASHINGTON (Reuters) -A U.S. government watchdog said on Thursday it will review the Federal Aviation Administration (FAA)…
U.S. revokes Russia’s market economy status
WASHINGTON (Reuters) – The United States will no longer treat Russia as a market economy country, the Commerce Department said…
Biden to nominate Daniel Werfel to head up IRS
(Reuters) -U.S. President Joe Biden will nominate Daniel Werfel to be the next commissioner of the Internal Revenue Service (IRS)…
Split Bank of Mexico raises rate to record 10%, leaves door open to future hikes
By Brendan O’Boyle and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico hiked its key interest rate by 75…
Oil prices settle 1% higher on tepid U.S. inflation data
By Shariq Khan BENGALURU (Reuters) -Oil prices settled 1% higher on Thursday, ending lower for the first time this week,…
Half a million UK workers drop out of workforce, citing long-term illness
By Suban Abdulla LONDON (Reuters) – The number of people who have dropped out of Britain’s job market since 2019…
Dollar plunges as U.S. inflation data spurs exodus from crowded trade
By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – Investors are stampeding away from the dollar, as softer-than-expected…
Markets rejoice after surprisingly cool inflation report
NEW YORK (Reuters) – U.S. stocks surged, the dollar slid and Treasury yields dropped on Thursday after a cooler-than-expected October…