(Reuters) – Fidelity funds slashed the value of their Twitter stake by 56% in November, according to a monthly disclosure…
Oil ends year of wild price swings with 2nd straight annual gain
By Laila Kearney NEW YORK (Reuters) -Oil prices swung wildly in 2022, climbing on tight supplies amid the war in…
Bahamas regulator holds FTX assets pending delivery to customers, creditors
(Reuters) -The Securities Commission of the Bahamas said on Thursday that it is holding FTX assets worth $3.5 billion based…
New Fed research flags rising risk of U.S. recession
By Michael S. Derby NEW YORK (Reuters) – Just over half of the 50 U.S. states are exhibiting signs of…
Audi workers in Mexico extend strike deadline to Jan. 11
MEXICO CITY (Reuters) – Worker representatives at German automaker Audi’s Mexico plant have extended a strike deadline to Jan. 11…
Fed reverse repo facility hits record $2.554 trillion
By Michael S. Derby NEW YORK (Reuters) – A key facility the Federal Reserve uses to help control short-term interest…
U.S. dollar down, still set for best year since 2015
By Hannah Lang WASHINGTON (Reuters) – The dollar was on track to post its best year since 2015 on Friday…
Stumbling Treasury rally clouds bond market outlook for 2023
By Davide Barbuscia NEW YORK (Reuters) – U.S. government bond investors hurting after the biggest annual decline in the history…
Chevron sending two oil tankers to Venezuela under U.S. approval
By Marianna Parraga HOUSTON (Reuters) -U.S. oil company Chevron Corp is sending two oil tankers to Venezuela, one of which…
First pre-trial hearing in Microsoft-Activision case set for Jan. 3
WASHINGTON (Reuters) – A judge has set Jan. 3 for the first pre-trial hearing in the Biden administration’s case against…