(Reuters) – Shares of Freshpet Inc fell as much as 19% on Wednesday after activist investment firm Jana Partners LLC said the pet food maker’s recent plan to raise capital …
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Proposed Biden Defense Budget Includes Largest Military Pay Raise In Decades
Proposed Biden Defense Budget Includes Largest Military Pay Raise In Decades Micaela Burrow on March 9, 2023 Military servicemembers and Department of Defense (DOD) civilian personnel would receive an average …
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(Reuters) – Chile’s rejection of a tax reform put forward by leftist President Gabriel Boric will complicate the country’s process of fiscal consolidation and gradually push up the country’s debt, …
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REP. ANDY BIGGS: Raise The Debt Ceiling Again? Here’s A Better Idea
REP. ANDY BIGGS: Raise The Debt Ceiling Again? Here’s A Better Idea Rep. Andy Biggs on March 8, 2023 President Joe Biden wants to raise the national debt by more …
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Oil Execs Raise Red Flags On US Energy As Production Flounders Under Biden
Oil Execs Raise Red Flags On US Energy As Production Flounders Under Biden Jason Cohen on March 8, 2023 OPEC once again dominates the global oil market as the shale …
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S. Korea’s trade minister to raise concerns over Chips Act in US meetings
by Reutersby ReutersBy Heekyong Yang SEOUL (Reuters) – South Korea’s trade minister will meet with counterparts in Washington this week to express concerns that the U.S. Chips Act could make the U.S. …
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IMF to temporarily raise borrowing limits to aid vulnerable countries
by Reutersby ReutersWASHINGTON (Reuters) – The International Monetary Fund says its executive board has agreed to temporarily increase the limits on member countries’ annual and cumulative access to IMF loan resources to …
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US and World News
Biden proposes to raise taxes on high earners to avert Medicare funding crisis- WaPo
by Reutersby Reuters(Reuters) – The White House will propose raising taxes on people earning more than $400,000 and reduce what Medicare pays for prescription drugs in a bid to keep the program …
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Nissan and Mexican workers agree to 9% raise at Morelos plant, union says
by Reutersby ReutersMEXICO CITY (Reuters) – Labor representatives at a Nissan Motor Co Ltd plant in the central Mexican state of Morelos have reached an agreement with the Japanese carmaker to hike …
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(Reuters) – Traders of futures tied to the Federal Reserve’s policy rate added to bets on Wednesday that the U.S. central bank will raise its benchmark rate to a range …
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Goldman Sachs expects ECB to raise rates by 50 bps in May meeting
by Reutersby Reuters(Reuters) – Goldman Sachs raised its estimate for peak interest rate hike by the European Central Bank for the second time in as many weeks, saying it now expects rates …
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US and World News
FDA neurosciences chief Billy Dunn to leave immediately, analysts raise concern
by Reutersby Reuters(Reuters) – The U.S. Food and Drug Administration neurosciences head Billy Dunn will retire from his role effective immediately, the health regulator told Reuters on Tuesday. Wall Street analysts said …
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US and World News
Putin tells FSB security service to raise its game against Western spy agencies
by Reutersby ReutersBy Mark Trevelyan (Reuters) – Russian President Vladimir Putin told the FSB domestic security service on Tuesday to step up its activity to counter what he said was increasing espionage …
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(Reuters) – The U.S. Federal Reserve may hike interest rates to nearly 6%, BofA Global Research said, as strong U.S. consumer demand and a tight labor market would force the …
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Business News
Stripe in advanced talks to raise $4 billion from investors – sources
by Reutersby ReutersBy Krystal Hu (Reuters) – Digital payments processor Stripe Inc is close to raising $4 billion in fresh capital at a valuation of about $55 billion, people familiar with the …
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(Reuters) – Goldman Sachs said it was expecting the European Central Bank to raise interest rates thrice this year, taking the terminal rate to 3.5% from 3.25% estimated earlier. In …
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Paramount to raise streaming prices as ad slump knocks revenue
by Reutersby ReutersBy Eva Mathews and Helen Coster (Reuters) -Paramount Global Inc will raise prices for its flagship streaming service in some markets this year, the CBS network owner said on Thursday, …
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SHANGHAI/PARIS (Reuters) – LVMH’s top fashion brand Louis Vuitton is expected to increase prices in China by as much as 20%, as luxury labels bank on a strong rebound of …
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US and World News
NATO expected to raise munitions stockpile targets as war depletes reserves
by Reutersby ReutersBy Sabine Siebold and John Irish BRUSSELS/PARIS (Reuters) – NATO is expected to ask its members to raise its ammunition stockpiles which have been badly depleted by the war in …
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Brazil minister denies knowledge of plan to raise inflation target
by Reutersby ReutersBRASILIA (Reuters) – Brazilian Institutional Relations Minister Alexandre Padilha said on Thursday he was unaware of any discussion within the government about raising the inflation target despite media reports that …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Unacceptable’: GOP Reps, Defense Experts Raise Red Flags Over Pentagon’s Reliance On China For Critical Minerals
‘Unacceptable’: GOP Reps, Defense Experts Raise Red Flags Over Pentagon’s Reliance On China For Critical Minerals Micaela Burrow on February 8, 2023 Congress and defense experts warned that reliance on …
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Business News
ANZ to raise home loan rate by 25 bps, matching central bank move
by Reutersby Reuters(Reuters) – Australia and New Zealand Banking Group said on Tuesday it would raise its Australian variable home loan rates by 25 basis points (bps), passing on the central bank’s …
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Business News
AI startup Cohere in talks to raise funding at $6 billion plus valuation -sources
by Reutersby ReutersBy Krystal Hu (Reuters) – Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, is in talks to raise hundreds of millions of dollars in a funding round …
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Business News
Analysis-Dollar’s gyrations raise hedging costs for U.S. companies
by Reutersby ReutersBy Laura Matthews NEW YORK (Reuters) – Wild swings in global currencies hammered corporate earnings in the past year, and while forex markets have gotten less choppy, some companies are …
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US and World News
Norway to raise spending from wealth fund to aid Ukraine, PM says
by Reutersby ReutersOSLO (Reuters) – Norway will increase the spending from its sovereign wealth fund in the coming years to fund military and civilian aid to Ukraine, Norwegian Prime Minister Jonas Gahr …