LIMA (Reuters) – Peru’s central bank increased its benchmark interest rate by 25 basis points to 7.25% on Thursday, as expected, the 16th consecutive hike as monetary policymakers in the …
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California’s new solar energy proposal removes hefty grid connection fee
by Reutersby ReutersBy Ruhi Soni and Peter Henderson (Reuters) – California regulators on Thursday revised their proposal for rooftop solar systems credits, a contentious matter as the state tries to expand renewable …
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Exclusive-Glencore, Chad creditors agree in principle on terms of debt treatment – source
by Reutersby ReutersBy Andrea Shalal WASHINGTON (Reuters) -Switzerland-based Glencore, China and Chad’s other creditors have reached an agreement in principle on restructuring the African country’s nearly $3 billion in external debt, a …
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Brazil’s Magazine Luiza swings to loss, hit by higher borrowing costs
by Reutersby ReutersSAO PAULO (Reuters) – Brazilian retailer Magazine Luiza SA reported on Thursday an adjusted net loss of 146 million reais ($27.4 million), the company’s fourth straight quarterly loss as its …
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Australian banks ease mortgage norms as property market cools
by Reutersby ReutersBy Lewis Jackson and Byron Kaye SYDNEY (Reuters) -Two of Australia’s top banks have quietly relaxed some home lending standards, banking and mortgage-broking sources said, despite authorities urging prudence in …
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Vanguard launches Australian pension fund in bid for $2 trillion savings pool
by Reutersby ReutersSYDNEY (Reuters) – The world’s second-largest fund manager Vanguard launched a pension fund in Australia on Friday, the first new fund licence approved in six years as it bets a …
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Wall Street ends sharply higher on sign of cooling inflation
by Reutersby ReutersBy Noel Randewich (Reuters) – The S&P 500 and Nasdaq jumped on Thursday, racking up their biggest daily percentage gains in over 2-1/2 years as a sign of slowing inflation …
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Crypto needs oversight to avoid harming Americans, White House says
by Reutersby ReutersWASHINGTON (Reuters) -Cryptocurrencies risk harming everyday Americans without proper oversight and the latest news involving crypto underscores these concerns, White House press secretary Karine Jean-Pierre said on Thursday. She said …
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Trump knew about alleged tax dodges, executive suggests at trial
by Reutersby ReutersBy Karen Freifeld NEW YORK (Reuters) -Former President Donald Trump was aware of allegedly illegal tax practices at his namesake real estate company, a senior executive indicated in testimony on …
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(Reuters) – U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX, the company said Thursday in a Twitter post. Gensesis said …
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New Jersey man arrested on charge of threatening Jews, synagogues
by Reutersby Reuters(Reuters) – An 18-year-old man was arrested in New Jersey on Thursday on a charge of threatening to attack Jewish people, which had prompted the FBI last week to issue …
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WASHINGTON (Reuters) – Airlines in the United States canceled more than 1,350 flights on Thursday as Tropical Storm Nicole made landfall on the east coast of Florida, forcing airports in …
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U.S. Supreme Court’s Sotomayor rejects challenge to N.Y. COVID vaccine mandate
by Reutersby ReutersBy Andrew Chung (Reuters) -U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid to prevent New York City from enforcing its COVID-19 vaccine mandate for municipal workers against …
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Factbox-State supreme court elections will shape fights over redistricting, abortion
by Reutersby ReutersBy Joseph Ax (Reuters) – The outcome of state supreme court races in Tuesday’s midterm elections could have profound consequences for control of the U.S. Congress in the future, as …
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(Reuters) – Justin Sun’s Tron is focused on enabling the withdrawal of its tokens from FTX but is open to talks about other rescue plans for the struggling cryptocurrency exchange, …
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Factbox-Who could run in the 2024 U.S. presidential election?
by Reutersby ReutersBy Katharine Jackson (Reuters) – The vote counting from the U.S. midterm elections is not yet done but leading Democrats and Republicans are already preparing for the 2024 presidential elections. …
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(Reuters) -U.S. President Joe Biden will nominate Daniel Werfel to be the next commissioner of the Internal Revenue Service (IRS) tax agency, succeeding Charles Rettig whose term ends on Saturday, …
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U.S. House panel, Justice Dept. ask Supreme Court to OK release of Trump taxes
by Reutersby ReutersBy Andrew Chung (Reuters) -A Democratic-led congressional committee and President Joe Biden’s administration on Thursday urged the U.S. Supreme Court to reject Donald Trump’s bid to avoid complying with the …
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Zinke, former Trump Interior secretary, wins U.S. House seat – Edison Research
by Reutersby ReutersWASHINGTON (Reuters) – Ryan Zinke, a former secretary of the U.S. Interior Department under then-President Donald Trump, who stepped down in 2018 amid ethics probes, won a U.S. House of …
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DeSantis, Rubio Pummel Dem Challengers In Dominant Wins
DeSantis, Rubio Pummel Dem Challengers In Dominant Wins John Hugh DeMastri on November 8, 2022 Republican Gov. Ron Desantis and Sen. Marco Rubio of Florida defeated Democratic challengers to retain …
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Pelosi Reportedly Planning To Take Refuge From Red Wave In Egypt
Pelosi Reportedly Planning To Take Refuge From Red Wave In Egypt Laurel Duggan on November 8, 2022 House Speaker Nancy Pelosi reportedly plans to travel to Egypt Wednesday after the …
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Disney Shares Plummet Following Billion Dollar Earnings Miss
Disney Shares Plummet Following Billion Dollar Earnings Miss John Hugh DeMastri on November 8, 2022 The Walt Disney Company missed investor expectations for growth in the fourth quarter of fiscal …
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‘Breathe Like A Baby’: New York Times Offers Its Readers Advice For ‘Election Stress’
‘Breathe Like A Baby’: New York Times Offers Its Readers Advice For ‘Election Stress’ Laurel Duggan on November 8, 2022 The New York Times gave readers advice for weathering election-related …
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Mark Zuckerberg Takes The Blame For Historic Meta Layoffs: REPORT
Mark Zuckerberg Takes The Blame For Historic Meta Layoffs: REPORT John Hugh DeMastri on November 8, 2022 Meta CEO Mark Zuckerberg told company executives that layoffs would begin Wednesday morning, …
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Kathy Hochul Fends Off Challenge From Republican Lee Zeldin, Wins New York Governor’s Race
Kathy Hochul Fends Off Challenge From Republican Lee Zeldin, Wins New York Governor’s Race Reagan Reese on November 8, 2022 Democratic New York Gov. Kathy Hochul has been elected governor …