By Karen Brettell NEW YORK (Reuters) – The dollar hit a three-month month high against a basket of currencies on Tuesday after Federal Reserve Chair Jerome Powell said the U.S. central bank is l[...]
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Updated
Investors Pour the Most into Cash Since Covid in Latest Week – BofA
LONDON (Reuters) – Investors poured more money into cash funds in the week to Wednesday than at any time since the depths of the pandemic in 2020, a report from BofA Global Research showed on Fr[...]
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Coinbase, Galaxy Digital abandon Silvergate after bank warns about its viability
By Niket Nishant (Reuters) -Cryptocurrency heavyweights including Coinbase Global Inc and Galaxy Digital on Thursday dropped Silvergate Capital Corp as their banking partner after the lender’s l[...]
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Aviation industry turns to childcare, free iPhones to lure workers
By Allison Lampert and Rajesh Kumar Singh (Reuters) -The North American aviation industry is wooing workers with daycare centers, cheaper transport and free iPhones to compete in a tight market where[...]
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Audi Mulls U.S. Plant as IRA Subsidies Draw Carmakers
By Victoria Waldersee BERLIN (Reuters) -Volkswagen-owned Audi may build a factory in the United States in light of the Inflation Reduction Act, it said on Friday, the latest company to consider invest[...]
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Yellen says U.S. to resume discussions on economic issues with China at ‘appropriate time’
By David Lawder BENGALURU (Reuters) -U.S. Treasury Secretary Janet Yellen said on Thursday the United States would resume discussions with China on economic issues “at an appropriate time”[...]
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With inflation still the focus, Fed minutes show openness to higher rates endgame
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -Nearly all Federal Reserve policymakers rallied behind a decision to further slow the pace of interest rate hikes at the U.S. central ban[...]
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Canada’s inflation slows in January, making rate pause more likely
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate eased more than expected in January to 5.9%, data showed on Tuesday, which should allow the Bank of Canada to[...]
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Maersk Nears Complete Russia Exit After Selling Logistics Sites
COPENHAGEN (Reuters) -Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end[...]
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