Author: Wall St Mavens

New York Mayor Eric Adams pleads not guilty to corruption charges

By Luc Cohen NEW YORK (Reuters) -New York City Mayor Eric Adams pleaded not guilty on Friday to federal charges…

Ukraine’s Zelenskiy presents ‘victory plan’ to Trump at New York meeting

By Helen Coster and Gram Slattery NEW YORK (Reuters) -Ukrainian President Volodymyr Zelenskiy presented his war “victory plan” to Donald…

Stocks rise on US inflation data, China stimulus; yields dip

By Caroline Valetkevitch and Sruthi Shankar NEW YORK/LONDON (Reuters) – Global stock indexes hit all-time highs on Friday after China’s…

Harris to call for tighter asylum, border control measures, campaign says

TUCSON, Arizona (Reuters) – U.S. Democratic presidential candidate Kamala Harris will call for tighter asylum and border control measures for…

Business

Alphabet to invest $3.3 billion for two data centers in South Carolina

(Reuters) – Alphabet plans to invest $3.3 billion in South Carolina to build two new data centers, CEO Sundar Pichai…

Domestic

Over 100,000 Florida customers without power due to approaching Hurricane Helene

(Reuters) – More than 100,000 homes and businesses in Florida were without power on Thursday as hurricane Helene looked poised…

NY Fed’s Perli says there is plenty of room left to run in shrinking Fed holdings

By Michael S. Derby NEW YORK (Reuters) – The official responsible for managing the Federal Reserve’s massive holdings of cash…

Business

Costco Wholesale misses quarterly revenue estimates on still-muted spending

(Reuters) -Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only…