(Reuters) – Lael Brainard is stepping down as Federal Reserve vice chair, the U.S. central bank said on Tuesday, confirming…
U.S. FAA says update will prevent ‘bad data’ from corrupting key database
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration’s (FAA) acting head will tell a U.S. Senate committee Wednesday that…
Marketmind: Movin’ on up
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Last March it…
Fed officials keep door open to peak policy rate above 5.1%
By Ann Saphir and Lindsay Dunsmuir (Reuters) -Federal Reserve officials said on Tuesday the U.S. central bank will need to…
Biden names Fed’s Brainard as top economic adviser, Bernstein to head CEA
WASHINGTON (Reuters) – U.S. President Joe Biden named Federal Reserve Vice Chair Lael Brainard to head the National Economic Council…
Dollar hits six-week high vs yen; rises from two-week low after U.S. inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar hit a six-week high against the yen and recovered from a…
Biden pledges to not let America default on its debt
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…