© Reuters. FILE PHOTO: The U.S. Capitol Building is pictured in Washington, U.S., August 1, 2021. REUTERS/Elizabeth Frantz By David Lawder WASHINGTON (Reuters) – The future of the bipartisan U.S.
Category: Finance
finance, world economy,
Fed’s Bowman: ‘More work to be done’ on jobs recovery
© Reuters. U.S. Federal Reserve Governor Michelle Bowman poses at a conference on monetary policy at The Hoover Institution in Palo Alto, California, U.S., May 3, 2019. REUTES/Ann Saphir/Files WASHINGTON
U.S. overnight repo rate elevated after Monday’s funding pressure
© Reuters. FILE PHOTO: The Federal Reserve building is set against a blue sky in Washington, U.S., May 1, 2020. REUTERS/Kevin Lamarque By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The
Kaseya ransomware attack sets off race to hack service providers -researchers
© Reuters. FILE PHOTO: A smartphone with the words “Ransomware attack” and binary code is seen in front of the Kaseya logo in this illustration taken, July 6, 2021. REUTERS/Dado
Delta CEO says it’s ‘very hard’ to mandate COVID vaccines before full approval
Delta Air Lines CEO Ed Bastian said Tuesday it’s “very hard” to mandate people be vaccinated against COVID-19 to travel domestically because the shots aren’t yet fully approved. The Atlanta-based carrier
Robinhood shares soar more than 20 percent despite a lack of news
Robinhood is starting to behave like a meme stock. Shares of the free stock-trading app popped more than 20 percent Tuesday morning despite a lack of news, befuddling traders and
Explainer-Think global, spend local: public deals shielded amid pandemic
2/2 © Reuters. FILE PHOTO: U.S. President Joe Biden delivers remarks highlighting the benefits of Bipartisan Infrastructure Framework, at La Crosse Municipal Transit Utility, in La Crosse, Wisconsin, U.S., June
IMF $650 billion reserves distribution clears last hurdle in “unprecedented” move
© Reuters. FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee (IMFC), during the IMF and
Discovery posts stronger than expected profits as ad sales recover
Discovery, owner of channels like The Food Network, TLC and Animal Planet, beat Wall Street’s second-quarter expectations, due in part to the rebound in advertising sales following last year’s economic
American Airlines, Spirit cancel hundreds more flights due to storms, staffing
American Airlines and Spirit Airlines canceled hundreds more flights on Tuesday as cancelations and delays that began on Sunday due to thunderstorms spilled into their third day. More than 280
Clorox shares plunge on weaker than expected outlook
Shares of Clorox plunged more than 11 percent after the cleaning products conglomerate revealed weaker-than-expected results, blaming falling demand and rising costs. Clorox’s business has stalled this year compared
Activision Blizzard executive J. Allen Brack steps down amid sex harassment suit
A top Activision Blizzard executive accused of enabling sexual misconduct is leaving the company amid employee protests. J. Allen Brack — who heads the Blizzard division that’s responsible for “World
AT&T completes spinoff of its shrinking DirecTV unit
AT&T has completed its spinoff of struggling satellite TV provider DirecTV in a deal backed by private-equity firm TPG. Earlier this year, the telecom giant announced the sale, which valued
U.S. demand for household debt rose in Q2, New York Fed report shows
© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC, U.S., August 22, 2018. REUTERS/Chris Wattie By Jonnelle Marte (Reuters) – U.S. consumers’ demand for new debt
Fed’s Daly says labor market not tight, jobs recovery underway
© Reuters. FILE PHOTO: San Francisco Federal Reserve Bank President Mary Daly poses at the bank’s headquarters in San Francisco, California, U.S., July 16, 2019. REUTERS/Ann Saphir (Reuters) – Despite
Amazon’s drone delivery team ‘collapsing,’ losing over 100 workers: report
Amazon’s plans to deliver packages using autonomous drones have hit serious turbulence, with the company removing more than 100 employees from a team that has been “collapsing inwards,” according to
Co-founder of $1.6B real estate firm killed in plane crash near Lake Tahoe
The co-founder of a $1.6 billion real estate investment firm was among the six people killed when a jet crashed near Lake Tahoe last week. None of the other victims
Amazon will pay you $10 to scan your palm: report
Your one-of-a-kind palm print is worth $10 in store credit, according to Amazon. The Seattle-based e-tailing giant is offering customers the incentive to enroll in a program called Amazon One,
Brazil court-ordered govt payments could hit 2022 budget like a “meteor”, says economy minister
© Reuters. FILE PHOTO: Brazil’s Economy Minister Paulo Guedes speaks during a news conference after a meeting to deliver the tax reform package at the National Congress in Brasilia, Brazil,
BP shares climb after payout boost, energising transition
© Reuters. FILE PHOTO: A BP logo is seen at a petrol station in London, Britain January 15, 2015. REUTERS/Luke MacGregor/File Photo By Ron Bousso LONDON (Reuters) – BP (NYSE:)
PepsiCo dumps juice brands including Tropicana in $3.3 billion deal
PepsiCo said it is selling its 70-year-old juice business, including its most famous brand, Tropicana. The soda and snack giant said Tuesday it will get $3.3 billion for selling a
Portugal, Luxembourg, Belgium get first tranches of EU recovery funds
© Reuters. FILE PHOTO: European Union flags flutter outside the EU Commission headquarters in Brussels, Belgium May 5, 2021. REUTERS/Yves Herman BRUSSELS (Reuters) – Portugal, Luxembourg and Belgium on Tuesday
Shipping crisis from floods in Europe, China threatens holiday shopping
Industry insiders are warning that recent bouts of flooding in Europe and China are hitting global supply chains, threatening to drive up prices and cause shipping delays by Black Friday
Labor official calls for new vote in Amazon union election
A federal labor official has recommended scrapping the results of an April vote against unionizing at an Amazon warehouse in Alabama and holding a new vote in its place, according
UK public’s inflation expectations jump in July – Citi/YouGov
© Reuters. FILE PHOTO: The Bank of England can be seen as people cycle through the City of London financial district, in London, Britain, June 11, 2021. REUTERS/Henry Nicholls/File Photo
Mask Mandates, Chinese Gaming Shock, API Inventories – What’s Moving Markets
© Reuters By Geoffrey Smith Investing.com — More local governments across the U.S. reintroduce mask mandates to stop the spread of Covid-19, while China’s efforts to stop its own outbreak
A hawkish Bullard sees more volatile economic “regime” emerging in U.S
© Reuters. FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su By Howard Schneider WASHINGTON (Reuters) –
Coronavirus likely to lock India’s women out of job market for years
2/2 © Reuters. FILE PHOTO: Employees work at a diamond jewellery manufacturing factory in Mumbai, India, August 7, 2020. REUTERS/Hemanshi Kamani 2/2 By Manoj Kumar and Alasdair Pal NEW DELHI
BP boosts dividend, buybacks as profit soars
© Reuters. FILE PHOTO: A BP logo is seen at a petrol station in London, Britain January 15, 2015. REUTERS/Luke MacGregor/File Photo By Ron Bousso LONDON (Reuters) -BP increased its
Foreign outflows from Asian equities surge in July on virus worries
© Reuters. FILE PHOTO: A man watches an electric board showing Nikkei index outside a brokerage at a business district in Tokyo, Japan, June 21, 2021. REUTERS/Kim Kyung-Hoon By Gaurav