(Reuters) – There remains a chance that the U.S. economy can escape a recession as the Federal Reserve raises interest…
Fed delivers fourth 75 bp hike, signals scale-back coming
NEW YORK (Reuters) – The Federal Reserve on Wednesday raised interest rates by three-quarters of a percentage point as it…
Marketmind: Turn, turn … turn?
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever And so it…
Fed’s Powell: ‘Ultimate level’ of rates likely higher than earlier estimates
(Reuters) – The “ultimate level” of the Federal Reserve’s benchmark policy rate is likely higher than previously estimated, Fed Chair…
U.S. private payrolls growth accelerates on services sector in October
By Lucia Mutikani WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in October, offering more evidence of labor…
U.S. SEC levied $6.4 billion from enforcement in fiscal 2022 -chair
By Chris Prentice WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) levied $6.4 billion in enforcement actions, including…
White House says Fed rate hike will help lower inflation, tame housing market
(Reuters) – The U.S. Federal Reserve’s latest move to raise its benchmark interest rate will help to bring down inflation,…
U.S. SEC proposes new liquidity, pricing rules for mutual funds
By John McCrank and Chris Prentice (Reuters) -The U.S. Securities and Exchange Commission on Wednesday proposed new rules aimed at…
American Airlines pilots’ union rejects pay hike proposal
(Reuters) – American Airlines pilots’ union on Wednesday said its board of directors has rejected a draft agreement that offered…
Murdoch’s News Corp-Fox reunion gambit comes as sports betting valuations tank
By Dawn Chmielewski and Byron Kaye (Reuters) – Rupert Murdoch’s proposal to recombine News Corp and Fox Corp and capitalize…