By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday that recent data showing lower…
Securities trader charged in New York with front-running employer’s trades
(Reuters) -An equities trader at a large U.S. asset manager was criminally charged with using information about his employer’s trades…
Powell says Fed will not change 2% inflation goal
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, leading a central bank faced with the swiftest…
Key union organizing tactic backed by U.S. labor board
By Daniel Wiessner (Reuters) – The agency that enforces U.S. labor laws on Wednesday made it easier for unions to…
Big Tech gets preview of questions U.S. House Republicans want answered
By Diane Bartz WASHINGTON (Reuters) – Representative Jim Jordan, who will chair the House Judiciary Committee next Congress, gave a…
Marketmind: “Substantially more evidence”
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. It’s a U.S.-Sino,…
U.S. SEC votes to advance stock market overhaul proposals
NEW YORK (Reuters) – The U.S. Securities and Exchange Commission on Wednesday voted in favor of proposing some of the…
Wall Street sees past Fed’s lower rate hike to finish in red
By Lawrence Delevingne (Reuters) -Wall Street stocks dropped on Wednesday, while Treasury yields were flat and the dollar volatile, after…
Fed hikes rates by 50 bp, as expected, keeps hawkish tone
NEW YORK (Reuters) – The Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at…
Dollar loses ground after Fed raises rates, forecasts more hikes
By Sinéad Carew NEW YORK (Reuters) – The dollar was lower against the yen and the euro on Wednesday after…