Fed’s Bowman says dissent on large rate cut based on above-target inflation data
WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank’s half-percentage-point interest…
Category: Uncategorized
Nike veteran Hill to replace Donahoe as CEO; shares jump
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the…
Fed’s big cut may have been closer call than lone dissent suggests
WASHINGTON (Reuters) – The Federal Reserve’s big bang start on Wednesday to what’s expected to be more interest-rate cuts this…
Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is…
Energy execs say they believe VP Kamala Harris is indeed open to fracking
By Curtis Williams HOUSTON – Some top natural gas executives on Tuesday said they believe Vice President Kamala Harris was…
S&P 500 ends little changed as early gains fade before Fed decision
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted…
Exclusive-Activist Elliott tells Southwest Air mechanics it still wants CEO’s ouster, memo says
By Allison Lampert, Rajesh Kumar Singh and Svea Herbst-Bayliss CHICAGO (Reuters) – Activist investor Elliott Investment Management told one of…
J&J gets $260 million talc verdict overturned in Oregon, new trial ordered
By Brendan Pierson (Reuters) – An Oregon judge has overturned a $260 million verdict against Johnson & Johnson in a…
Suspect in Trump assassination attempt charged with gun crimes
By Gram Slattery and Sarah N. Lynch WASHINGTON (Reuters) -A man suspected of attempting to assassinate Donald Trump was charged…
Putin’s commodities ban threat puzzles Russian firms and officials
By Gleb Bryanski, Darya Korsunskaya and Gleb Stolyarov MOSCOW (Reuters) – Russian officials and managers are perplexed by President Vladimir…