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April 6 (Reuters) – Federal Reserve officials in March “generally agreed” to cut up to $95 billion a month from the central bank’s asset holdings as another tool in the fight against surging inflation, even as the war in Ukraine tempered the first US interest rate increase. Minutes of the Fed’s March 15-16 meeting showed […]
Gasoline drips out of a nozzle held by a gas station mechanic in Somerville, Massachusetts, US, March 7, 2022. REUTERS/Brian Snyder/File Photo Register now for FREE unlimited access to Reuters.com Register WASHINGTON, April 5 (Reuters) – US oil executives will tell Congress on Wednesday they are boosting energy output and no one company sets the […]
John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, US, November 6, 2019. REUTERS/Carlo Allegri/File Photo Register now for FREE unlimited access to Reuters.com Register PRINCETON, NJ, April 2 (Reuters) – The Federal Reserve needs to move monetary policy towards a more neutral stance, […]
A general view shows a local oil refinery behind residential buildings in Omsk, Russia February 10, 2021. REUTERS/Alexey Malgavko/File Photo Register now for FREE unlimited access to Reuters.com Register TOKYO, April 1 (Reuters) – US-allied countries on Friday agreed to their second coordinated oil release in a month to calm markets roiled by Russia’s invasion […]
Traffic is seen on a highway in New York, US, July 2, 2021. REUTERS/Eduardo Munoz Register now for FREE unlimited access to Reuters.com Register WASHINGTON, March 27 (Reuters) – The US National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements […]
WASHINGTON, March 25 (Reuters) – The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp (0728.HK) and China Mobile International USA (0941.HK) to its list of communications equipment and service providers deemed threats to US national security. The regulator last year designated five Chinese companies including Huawei Technologies Co […]
WASHINGTON, March 21 (Reuters) – The US securities regulator on Monday proposed requiring US-listed companies to disclose a range of climate-related risks and greenhouse gas emissions, part of President Joe Biden’s push to join global efforts to avert climate-related catastrophes . The US Securities and Exchange Commission (SEC) unveiled its long-anticipated draft rule under which […]
A new home is seen under construction while building material supplies are in high demand in Tampa, Florida, US, May 5, 2021. REUTERS/Octavio Jones Register now for FREE unlimited access to Reuters.com Register Existing home sales fall 7.2% in February Median house price rises 15% to $357,300 from year ago Housing inventory drops 15.5% to […]
Weekly jobless claims fall 15,000 to 214,000 Continuing claims drop 71,000 to 1.419 million Housing starts increase 6.8% in February Manufacturing production jumps 1.2% in February WASHINGTON, March 17 (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week as demand for labor remained strong, positioning the economy for another […]
March 15 (Reuters) – Bitcoin loves flirting with the mainstream. But now, as the US president says he wants to get serious, he may be getting cold crypto feet. When Joe Biden ordered officials to prepare reports on the role of cryptocurrencies in future finance last Wednesday, bitcoin leapt as much as 9% and ether […]
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