By Laila Kearney NEW YORK (Reuters) -Oil rose on Tuesday on expectations for a loosening of China’s strict COVID-19 controls,…
Market maker Virtu sues U.S. SEC over records request
By John McCrank and Chris Prentice (Reuters) -Virtu Financial Inc took the extraordinary step of suing the U.S. Securities and…
IMF and WTO leaders warn don’t ‘pull the plug’ on global trade
By Andreas Rinke (Reuters) – The leaders of the International Monetary Fund and the World Trade Organization on Tuesday warned…
Three Fed bank boards wanted smaller discount rate hike
(Reuters) – Directors at three of the Federal Reserve’s 12 regional banks supported a smaller increase in a key emergency…
U.S. consumer confidence at four-month low; house price inflation slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence slipped to a four-month low in November, with households less keen…
Recession may force Fed rate cut in 2023, sending Treasury yields lower -BofA
By Davide Barbuscia NEW YORK (Reuters) – Benchmark U.S. Treasury 10-year yields will fall next year as the Federal Reserve…
U.S. Thanksgiving weekend sees record 197 million shoppers -NRF
By Deborah Mary Sophia and Granth Vanaik (Reuters) -Deep discounts on everything from fashion to electronics during the Thanksgiving weekend…
U.S. judges leery of fired Amazon organizer’s race bias claims
By Daniel Wiessner (Reuters) – A U.S. appeals court on Tuesday seemed unlikely to revive claims that Amazon.com Inc fired…
FHFA raises 2023 conforming loan limits on Fannie Mae, Freddie Mac mortgages
WASHINGTON (Reuters) – The U.S. Federal Housing Finance Agency (FHFA) said on Tuesday the conforming loan limit values (CLLs) for…
Tesla market share could be dented by cheaper rival EVs – S&P Global Mobility
(Reuters) – Tesla Inc may be losing its tight grip on the electric car market, as rivals try to chip…