By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed higher for a second straight day on Tuesday as solid…
BoE to start selling bonds on Nov. 1, but not longer-dated gilts
By Andy Bruce and William Schomberg LONDON (Reuters) -The Bank of England said it would start selling some of its…
U.S. SEC aims to help shrink hedge fund fees for investors
By Nell Mackenzie (Reuters) -The U.S. Securities and Exchange Commission aims to shrink hedge fund fees so that more money…
Fitch says Fed rate policy, inflation to weigh on U.S. consumer health in 2023
(Reuters) -Ratings agency Fitch on Tuesday said it expects a strong labor market and consumer demand to cushion the impact…
Amazon workers reject union in NY state in blow to organizing effort
By Jeffrey Dastin and Akash Sriram (Reuters) -Amazon.com Inc workers rejected organizing a New York state warehouse by a nearly…
U.S. could sell more oil from emergency reserve this week -sources
By Jarrett Renshaw, Timothy Gardner and Laura Sanicola WASHINGTON (Reuters) – The Biden administration plans to sell more oil from…
Dollar higher but gains in check as risk appetite rebounds
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The U.S. dollar edged higher against a basket of currencies on Tuesday,…
Apple cuts production of iPhone 14 Plus – the Information
(Reuters) -Apple Inc is cutting production of iPhone 14 Plus within weeks of starting shipments as it re-evaluates demand for…
Oil prices settle lower on U.S. supply, lower China demand
By Laura Sanicola (Reuters) -Oil prices settled lower on Tuesday on fears of higher U.S. supply combined with an economic…
Goldman CEO says reasonable chance of U.S. recession in 2023
By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) -The United States may tip into a recession next year, but…