Fed’s Powell: U.S. housing market headed for ‘correction’
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the U.S. housing market will probably go through a “correction” after a period of “red hot” price increases that have…
(Reuters) – Federal Reserve Chair Jerome Powell on Wednesday said the U.S. housing market will probably go through a “correction” after a period of “red hot” price increases that have…
By Fergal Smith TORONTO (Reuters) – The Canadian dollar slumped to a two-year low against its U.S. counterpart on Wednesday before paring its decline, as investors weighed the Federal Reserve’s…
LONDON (Reuters) – Prime Minister Liz Truss’s plans to cut payroll taxes and reverse a planned increase in corporation tax risk putting Britain’s national debt on an unsustainable upward path,…
WASHINGTON (Reuters) – The United States is providing nearly $200 million in additional humanitarian assistance through international organizations and non-government partners in Mexico and Central America, Secretary of State Antony…
(Reuters) – Crypto exchange Kraken said on Wednesday Chief Operating Officer Dave Ripley would replace top boss Jesse Powell, who is stepping down after more than a decade at the…
(Reuters) – The Saudi Central Bank said on Wednesday it increased its key interest rates by 75 basis points, moving in tandem with the U.S. Federal Reserve’s hike as the…
By Tarek Amara TUNIS (Reuters) – Ghazi Chaouachi, head of a Tunisian opposition party and prominent critic of President Kais Saied, will be questioned by a judge on Thursday over…
By Victoria Waldersee and Supantha Mukherjee STOCKHOLM/BERLIN (Reuters) – Over a dozen automakers including Toyota and Nissan, have signed up with a platform for patent licences from 51 tech companies,…
(Reuters) – The Central Bank of the United Arab Emirates said on Wednesday it was hiking its base rate by three quarters of a percentage point to 3.15% effective from…
By Valerie Volcovici WASHINGTON (Reuters) -Former New York City Mayor Michael Bloomberg launched an $85 million campaign to block the planned construction of plastic and petrochemical plants across the U.S.…
(Refiling to remove pronouns she and her in paragraphs 5-8) By Rose Horowitch (Reuters) -The cost of renting a home in the United States is surging and young workers have…
(Reuters) -Iran curbed access on Wednesday to Meta Platforms’ Instagram and WhatsApp, two of the last remaining social networks in the country, amid protests over the death of a woman…
(Reuters) – Meta Inc is looking to trim its costs by at least 10% within the next few months, the Wall Street Journal reported on Wednesday, citing people familiar with…
By Sameer Manekar and Navya Mittal (Reuters) -Australia’s Link Administration said on Wednesday Britain’s financial regulator may fine the company’s UK unit 50 million pounds ($56.86 million) in addition to…
TOKYO (Reuters) – Moderna Inc Chief Medical Officer Paul Burton said on Wednesday the company is “eager” to collaborate with China on supplying its mRNA-based COVID-19 vaccines to the country.…
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales dropped for a seventh straight month in August as affordability deteriorated further amid surging mortgage rates and stubbornly high house…
(Reuters) – The U.S. Centers for Disease Control and Prevention expects COVID-19 vaccine boosters targeting circulating variants of the virus to be available for children aged 5-11 years by mid-October.…
By Humeyra Pamuk and John Chalmers NEW YORK (Reuters) -President Vladimir Putin’s thinly veiled threat to use nuclear weapons after Russian setbacks in Ukraine was “dangerous and reckless rhetoric,” NATO’s…
DUBAI (Reuters) – Qatar’s central bank said on Wednesday it will raise its interest rates by 75 basis points as of Thursday, moving in parallel with the U.S. Federal Reserve’s…
By Luc Cohen NEW YORK (Reuters) – Donald Trump, three of his adult children and their family company were sued by New York state Attorney General Letitia James on Wednesday…
(Reuters) – The Central Bank of Kuwait said on Wednesday it will increase its discount rate by 25 basis points to 3% as of Thursday, after the U.S. Federal Reserve’s…
By Ben Klayman and Joseph White DETROIT (Reuters) – Automotive industry suppliers are raising prices to their customers across the board, not just with Ford Motor Co, which warned this…
By Sarah N. Lynch WASHINGTON (Reuters) – Mike Lindell, the My Pillow Inc chief executive and ally to former President Donald Trump, is under U.S. federal investigation for identity theft…
PARIS (Reuters) -France’s nuclear watchdog ASN on Wednesday said it had found no traces of nuclear radiation after a fire broke out at a plant containing uranium in southeastern France…
(Reuters) – During an extreme heat wave in early September, the California power grid relied on natural gas for almost half of its electricity generation to meet peak demand, the…