By Michael S. Derby NEW YORK (Reuters) – When Federal Reserve officials met at the start of the month to…
‘Substantial majority” of Fed officials see rate hikes slowing ‘soon,’ -minutes
NEW YORK (Reuters) – A “substantial majority” of policymakers at the Federal Reserve’s meeting early this month agreed it would…
Dollar down as Fed minutes, U.S. data weighs
By Saqib Iqbal Ahmed and John McCrank NEW YORK (Reuters) – The U.S. dollar fell across the board on Wednesday,…
U.S. weekly jobless claims at 3-month high; equipment spending resilient
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for jobless benefits increased to a three-month…
Dollar extends losses after Fed minutes
NEW YORK (Reuters) – The U.S. dollar extended its losses against the euro and the yen on Wednesday, after minutes…
Bank regulators tell Citigroup to take urgent action to fix resolution plan
By Hannah Lang (Reuters) -The U.S. Federal Reserve and the Federal Deposit Insurance Corp identified a shortcoming in Citigroup Inc’s…
Factbox-Corporate America cuts thousands of jobs as recession looms
(Updates Amazon) (Reuters) – Corporate America is bracing for a potential economic downturn by shrinking the employee base as part…
U.S. retailers add cameras, steel cables to deter holiday crime
By Siddharth Cavale and Arriana McLymore NEW YORK (Reuters) -Retailers ranging from Walmart to Barnes & Noble are installing cameras…
Bank deposit rates lag changes in Fed policy rate, NY Fed analysts say
NEW YORK (Reuters) – U.S. savers are being left behind by the Federal Reserve’s aggressive campaign of interest rate rises,…
News Corp-Fox merger plan opposed by big shareholder
By Dawn Chmielewski and Chavi Mehta (Reuters) -A major investor in News Corp and Fox Corp, Independent Franchise Partners, said…