By Foo Yun Chee BRUSSELS (Reuters) – Microsoft will make a last-ditch effort to defend its $69 billion bid for…
Yellen says counties should use COVID funds for housing, job training
WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday called on counties, cities and states to focus their remaining…
Saudi Arabia’s PIF says U.S. stocks value falls nearly $6 billion in fourth quarter
By Yousef Saba DUBAI (Reuters) – Saudi Arabia’s sovereign Public Investment Fund held $30.9 billion worth of U.S. stocks at…
Fed not yet done on hikes but likely close – Harker
(Reuters) – The Federal Reserve has not yet finished its round of interest rate hikes to reduce inflation but it…
Markets ride $1 trillion global liquidity wave: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -The explanation for the whoosh higher in risk assets this year may be as…
Fed must be ready to hike rates for longer than now expected, Logan says
(Reuters) – The U.S. central bank will need to keep gradually raising interest rates to beat inflation, Dallas Federal Reserve…
Louis Vuitton expected to raise prices as much as 20% in China
SHANGHAI/PARIS (Reuters) – LVMH’s top fashion brand Louis Vuitton is expected to increase prices in China by as much as…
Exxon tells U.S. labor board refinery lockout did not target union
By Erwin Seba HOUSTON (Reuters) – A 10-month lockout of union workers at an Exxon Mobil refinery was undertaken to…
U.S. default would cause job, benefits losses, Yellen tells counties
By David Lawder WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen warned county leaders on Tuesday that their residents could…
Why Republican hardliners can afford to say no to U.S. debt ceiling increase
By Jason Lange, Gram Slattery and David Morgan WASHINGTON (Reuters) – House Freedom Caucus lawmakers taking a hard line against…