By Chuck Mikolajczak NEW YORK (Reuters) – The S&P 500 closed slightly lower on Friday, although major indexes rallied off…
U.S. judge dismisses indictment against Huawei CFO that strained U.S.-China relations
By Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Friday dismissed an indictment against Meng…
U.S., EU to address Inflation Reduction Act fears constructively -draft
By Foo Yun Chee BRUSSELS (Reuters) -The United States and the European Union will seek to tackle EU concerns about…
As the Fed plans to ‘raise and hold,’ new projections may show the cost
By Howard Schneider WASHINGTON (Reuters) – New U.S. Federal Reserve projections, issued later this month alongside an expected half-point interest…
U.S. Justice Department weighing new guidance on messaging apps, clawback policies -official
(This Dec. 1 story has been corrected to fix Nicole Argentieri’s title in paragraph 2) WASHINGTON (Reuters) – The U.S.…
Exclusive-Credit Suisse looks to speed up cuts as revenue outlook worsens
By Oliver Hirt, Selena Li, Sumeet Chatterjee and Noele Illien ZURICH (Reuters) -Credit Suisse is accelerating cost cuts announced just…
ECB’s Lagarde warns some fiscal policies in Europe could fuel excess demand
BANGKOK (Reuters) – European Central Bank President Christine Lagarde warned on Friday that some European governments’ fiscal policies could lead…
Wall Street ends mixed; Salesforce selloff pressures Dow
By Ankika Biswas and Noel Randewich (Reuters) – Wall Street ended mixed on Thursday as a selloff in Salesforce weighed…
U.S. consumer spending powers ahead in October; inflation cooling
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased solidly in October, while inflation moderated, giving the economy a…
U.S. banks profits rise in 3rd quarter, despite warning signs -FDIC
By Carolina Mandl NEW YORK (Reuters) – U.S. banks reported a 3.2% rise in third-quarter net income from a year…