Bank of America CEO says US consumers could become discouraged unless rates drop soon
(Reuters) – If the U.S. Federal Reserve does not start cutting interest rates relatively soon, U.S. consumers could become dispirited,…
Year: 2024
Britain readies huge police response to head off further riots this weekend
By Catarina Demony LONDON (Reuters) -Britain has readied a huge police response in case of further racist rioting this weekend…
Israeli strike kills senior Hamas figure in south Lebanon
BEIRUT (Reuters) – An Israeli airstrike on a car deep inside Lebanon killed a senior figure from Palestinian armed group…
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China central bank says it will increase treasury bond trading
BEIJING (Reuters) – China’s central bank will seek to “enrich” its monetary policy toolbox and will gradually increase buying and…
Abu Dhabi’s ADQ, Sotheby’s majority owner Drahi to invest $1 billion in auction house
DUBAI (Reuters) -Abu Dhabi wealth fund ADQ and Sotheby’s majority owner Patrick Drahi will invest $1 billion in the auction…
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Google monopoly ruling could help Apple defense in antitrust case
By Jody Godoy (Reuters) – Apple could be the winner after Alphabet’s Google lost its fight with the U.S. antitrust…
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Wall St bounces back after global stocks rout
By Shubham Batra and Shashwat Chauhan (Reuters) – Wall Street’s main stock indexes rose over 1% on Tuesday, as investors…
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Citigroup whistleblower denied share of $400 million penalty
By Jonathan Stempel NEW YORK (Reuters) – A federal appeals court on Tuesday said a Citigroup vice president was not…
U.S. regulators fine Piper Sandler $16 million for record-keeping failures
(Reuters) – Piper Sandler has agreed to pay a total of $16 million as a civil penalty to U.S. regulators…
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Kamala Harris secures delegate votes needed to become Democratic nominee
By Stephanie Kelly and Jasper Ward NEW YORK (Reuters) -Kamala Harris on Friday secured the delegate votes needed to clinch…