By Tom Hals and Dietrich Knauth (Reuters) -U.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc…
UK businesses face ‘bleak’ outlook after poor end to 2022: BCC
By David Milliken LONDON (Reuters) – British businesses are gloomy about prospects for 2023 as they face the likelihood of…
U.S. forces glass, security companies to drop noncompete clauses for workers
WASHINGTON (Reuters) -Under pressure from the Biden administration, two glass container makers and a security company have agreed to drop…
Fed wants ‘flexibility’ on rates as inflation remains key focus, minutes show
By Howard Schneider WASHINGTON (Reuters) -All officials at the Federal Reserve’s Dec. 13-14 policy meeting agreed the U.S. central bank…
Oil falls more than 5% on global economy worry, China COVID cases
By Laila Kearney NEW YORK (Reuters) -Oil fell by more than $4 a barrel on Wednesday, posting the steepest percentage…
Fed officials offering less confidence reverse repo usage will shrink
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve officials may be starting to come to terms with the…
Stocks, bonds jump as investors shrug off hawkish Fed minutes
By Koh Gui Qing NEW YORK (Reuters) -Global stocks and bonds closed higher on Wednesday on cautious optimism about the…
GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq…
Chile mining royalty bill progresses after committee approves
SANTIAGO (Reuters) – A Chilean congressional committee approved on Wednesday a controversial mining royalty bill, putting it a step closer…
Kashkari sees Fed’s target interest rate peaking at 5.4%
(Reuters) – The Federal Reserve should continue hiking interest rates at its next few meetings at a minimum until it…