By Nate Raymond (Reuters) -A federal appeals court ruled on Wednesday that the U.S. Consumer Financial Protection Bureau’s funding apparatus…
Wall St ends red, Treasury yields climb on dour guidance and looming recession fears
By Stephen Culp NEW YORK (Reuters) – Wall Street closed lower on Wednesday, marking the end of a multi-session rally,…
Australia’s jobs engine brakes in Sept, supports slower rate hikes
By Wayne Cole SYDNEY (Reuters) -Australian employment posted a disappointingly small rise in September in a hint that a very…
Flying car by California startup Alef attracts early Tesla investor
By Paul Lienert (Reuters) – The concept of a flying car is not new – inventors have been trying to…
Evans: Rates moving too high could have ‘nonlinear’ impact on US economy
By Howard Schneider CHARLOTTESVILLE, Va. (Reuters) -Interest rates that move too high could have a “nonlinear” impact on the economy…
Lafarge pleads guilty to U.S. charge of supporting Islamic State, to pay $778 million
By Luc Cohen and Karen Freifeld NEW YORK (Reuters) – French cement maker Lafarge pleaded guilty in U.S. court on…
Boeing wins support in push to extend MAX certification timetable
By David Shepardson SPARTANBURG, S.C (Reuters) – Boeing Co won support Wednesday from a Republican senator and a major customer…
Musk says excited by Twitter deal despite overpaying
OAKLAND, Calif. (Reuters) – Elon Musk on Wednesday said he was excited about his pending acquisition of Twitter Inc, although…
Equities close lower as rise in yields overshadows earnings
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks snapped a two-day streak of gains on Wednesday as weakness in…
Fed’s Evans: Keeping unemployment below 5% would be ‘good’ outcome in inflation fight
WASHINGTON (Reuters) – If the Federal Reserve can bring inflation under control with unemployment remaining under 5% that would be…