Fed forecasts show fraying faith in soft landing
By Ann Saphir and Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s aggressive drive to bring inflation down to its 2% target will take years to complete and come at…
By Ann Saphir and Howard Schneider WASHINGTON (Reuters) – The Federal Reserve’s aggressive drive to bring inflation down to its 2% target will take years to complete and come at…
By Lisa Richwine (Reuters) – Roughly 11.4 million people in the United States watched the funeral of Britain’s Queen Elizabeth, the first time TV cameras were allowed at the funeral…
By Luc Cohen and Jody Godoy NEW YORK (Reuters) -Tom Barrack, the private equity executive and onetime fundraiser for former President Donald Trump, and his former assistant acted as a…
By David Shepardson NEW YORK (Reuters) – California’s choice of 2035 as the deadline to end gasoline-only new car sales was the “sweet spot” that will sharply cut emissions but…
BOGOTA (Reuters) – Shares in companies that are part of Colombia’s largest conglomerate GEA rose on Wednesday after Abu Dhabi-based investor International Holding Company (IHC) launched a bid to buy…
By Lucy Raitano LONDON (Reuters) – The pound touched a new 37-year low against the dollar on Wednesday after Russian President Vladimir Putin’s accusation of “nuclear blackmail” by the West…
LONDON (Reuters) -Russia has released U.S. citizens Alexander Drueke, 39, and Andy Huynh, 27, in a prisoner exchange brokered by Saudi Arabia, a family representative told Reuters on Wednesday. The…
WASHINGTON (Reuters) – Republican former President Donald Trump blasted New York’s attorney general for suing him, several of his adult children and his company for financial fraud on Wednesday, calling…
By Siddharth Cavale (Reuters) -Aldi’s U.S. arm said on Wednesday that same-store sales in the country rose in the double digits over the last 12 months as rampant inflation pushed…
By Ted Hesson WASHINGTON (Reuters) – The United States plans to resume full immigrant visa processing in Havana for the first time since 2017, a move that follows high-level talks…
By Juliette Portala and Simon Jessop LONDON (Reuters) -The world is at a “positive tipping point” in the fight against climate change as surging oil and gas costs spur governments…
By Kirsti Knolle and Anne Kauranen BERLIN/HELSINKI (Reuters) -Germany on Wednesday agreed to nationalise Uniper, raising the bill to rescue the gas importer to 29 billion euros ($28.7 billion) amid…
By Stephen Nellis (Reuters) -Nvidia Corp Chief Executive Jensen Huang said Wednesday that he continues to see a large market for Nvidia’s data center chips in China despite U.S. restrictions…
By Alexander Marrow KAZAN, Russia (Reuters) -The rouble recovered from two month lows and Russian stocks pared losses on Wednesday after earlier plunges triggered by President Vladimir Putin’s move to…
NEW YORK (Reuters) – Citigroup CEO Jane Fraser told Congress on Wednesday higher rates to tame inflation are likely to moderate economic growth in the United States and in the…
By Tom Balmforth IZIUM, Ukraine (Reuters) – Alexander Glushko says he spent the last fortnight of the Russian occupation of his hometown of Izium in northeast Ukraine jailed by Russian…
BEIRUT (Reuters) – Lebanon’s banks will remain shut indefinitely, the country’s banking association said in a statement on Wednesday, citing ongoing “risks” to employees following a spree of bank stick-ups…
By Shreyashi Sanyal and Johann M Cherian (Reuters) -European shares ended higher on Wednesday ahead of the U.S. Federal Reserve’s likely third straight jumbo-sized interest rate hike later in the…
SAO PAULO (Reuters) – At least nine people have died after part of a warehouse near the Brazilian city of Sao Paulo collapsed on Tuesday, during a visit by two…
By Jonathan Allen (Reuters) – A former Minneapolis police officer who pleaded guilty to a state charge of aiding and abetting in the killing of George Floyd, a Black man…
SHANGHAI (Reuters) – Xpeng has diversified its battery suppliers and no longer counts industry giant CATL as its primary supplier, the Chinese electric car maker’s president said on Wednesday. The…
By Julie Gordon OTTAWA (Reuters) – Renters are increasingly likely to occupy newer homes in Canada, suggesting investors may be displacing owner-occupiers as the country looks to build its way…
By Karen Brettell NEW YORK (Reuters) – Two-year Treasury yields hit 4% on Wednesday for the first time since 2007 before the Federal Reserve is expected to hike interest rates…
By Tim Hepher and Jamie Freed PARIS/SINGAPORE (Reuters) -Airbus is quietly relaxing pressure on suppliers to commit to a sharp output hike to 75 narrow-body jets a month by mid-decade,…
By Sarah Marsh BERLIN (Reuters) – Russia’s first mobilization since World War Two makes more urgent the need for a cap on Russian oil prices to cut off the “blood…