By Laila Kearney NEW YORK (Reuters) -Oil fell by more than $4 a barrel on Wednesday, posting the steepest percentage…
Fed officials offering less confidence reverse repo usage will shrink
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve officials may be starting to come to terms with the…
Trader Joe’s is sued over lead, cadmium levels in dark chocolate
By Jonathan Stempel NEW YORK (Reuters) – Trader Joe’s was sued on Wednesday by a consumer who accused the grocery…
Stocks, bonds jump as investors shrug off hawkish Fed minutes
By Koh Gui Qing NEW YORK (Reuters) -Global stocks and bonds closed higher on Wednesday on cautious optimism about the…
GE HealthCare rises 8% in market debut, eyes small deals
By Leroy Leo and Kannaki Deka (Reuters) -GE HealthCare Technologies Inc’s shares rose as much as 8.4% in their Nasdaq…
More U.S. consumers want EVs but prices are a concern – Deloitte survey
(Reuters) – More U.S. consumers want to buy an electric vehicle (EV) but are concerned about rising prices, while fewer…
Kashkari sees Fed’s target interest rate peaking at 5.4%
(Reuters) – The Federal Reserve should continue hiking interest rates at its next few meetings at a minimum until it…
Dollar holds losses as Fed minutes fail to surprise
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar held at lower levels on Wednesday after minutes from the…
FOMC in Dec worried about “misperception” that inflation fight flagging
NEW YORK (Reuters) – All officials at the Federal Reserve’s December meeting agreed to slow the pace of its aggressive…
U.S. labor market remains tight; manufacturing slumps further
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings fell less than expected in November as the labor market remains…