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…
Ukraine will seek help from allies to finance Starlink service if SpaceX demands payment
KYIV (Reuters) – Ukraine will ask its foreign partners for help in funding Starlink satellite internet systems currently being provided…
Coinbase cuts jobs again as cryptocurrencies extend fall
(Reuters) – Crypto exchange Coinbase Global Inc cut over 60 jobs in its recruiting and institutional onboarding teams, a spokesperson…
Keurig Dr Pepper CEO resigns after code of conduct violation
(Reuters) -Keurig Dr Pepper Inc said on Thursday Chief Executive Ozan Dokmecioglu has resigned from his role on account of…
Biogen hires former Sanofi head Viehbacher as CEO
By Manas Mishra (Reuters) -Biogen Inc on Thursday tapped former Sanofi boss Christopher Viehbacher as its new chief executive, betting…
Bank of Canada says labor market can weather a slump without a jobless surge
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Canada’s red-hot labor market can weather an economic slump without seeing a…
ECB’s Nagel calls for letting long-term rates rise too
FRANKFURT (Reuters) – The European Central Bank should let long-term borrowing costs rise too, as it increases short-term interest rates…
U.S. government posts $88 billion deficit in October
(Reuters) – The U.S. government recorded an $88 billion budget deficit in October, the first month of the new fiscal…
WeWork exits 40 U.S. locations after tepid forecast
By Kannaki Deka (Reuters) -WeWork Inc forecast fourth-quarter revenue below estimates and said it will exit about 40 underperforming U.S.…