By Ann Saphir and Lindsay Dunsmuir (Reuters) -Federal Reserve officials said on Tuesday the U.S. central bank will need to…
Biden names Fed’s Brainard as top economic adviser, Bernstein to head CEA
WASHINGTON (Reuters) – U.S. President Joe Biden named Federal Reserve Vice Chair Lael Brainard to head the National Economic Council…
Dollar hits six-week high vs yen; rises from two-week low after U.S. inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar hit a six-week high against the yen and recovered from a…
U.S. ‘disappointed’ in Mexico’s new GMO corn decree -ag secretary
By Leah Douglas WASHINGTON (Reuters) – The United States said on Tuesday it was “disappointed” in the Mexican government’s announcement…
Fed’s Williams says more rate rises needed to control high inflation
By Michael S. Derby NEW YORK (Reuters) -New York Federal Reserve President John Williams said on Tuesday inflation remains too…
Biden pledges to not let America default on its debt
By Steve Holland and Nandita Bose WASHINGTON (Reuters) – President Joe Biden challenged Republicans on Tuesday to release a budget…
Judge tightens Sam Bankman-Fried’s bail, sets hearing
By Abinaya V, Shubham Kalia and Jonathan Stempel NEW YORK (Reuters) -A federal judge on Tuesday ordered Sam Bankman-Fried not…
Rents push up U.S. consumer prices; inflation gradually cooling
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices accelerated in January as Americans continued to be burdened by higher…
Analysis-Sticky inflation, weak earnings could hobble U.S. stock surge
By Lewis Krauskopf NEW YORK (Reuters) – A rally that has lifted stocks in the early weeks of 2023 may…
Hedge fund D. E. Shaw raises $1.1 billion for two private market funds
(Reuters) – Hedge fund D. E. Shaw Group said on Tuesday it had raised a total of $1.1 billion for…