By Jonathan Stempel (Reuters) – Patagonia Inc, the high-end outdoor clothing retailer, filed a lawsuit accusing Gap Inc of illegally…
‘Substantial majority’ of Fed officials see slowdown in rate hikes ‘soon’
By Howard Schneider WASHINGTON (Reuters) -A “substantial majority” of policymakers at the Federal Reserve’s meeting early this month agreed it…
Oil slides over 3% on Russian price cap talks, U.S. gasoline build
By Arathy Somasekhar HOUSTON (Reuters) – Oil prices fell more than 3% on Wednesday, continuing a streak of volatile trading,…
At November Fed meeting, officials flagged market resilience amid volatile conditions
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…