WASHINGTON (Reuters) – The Biden administration said on Monday it was working closely with the United Autoworkers union in pressing […]
NY Fed’s Williams says he is not concerned by higher use of reverse repo facility
(Reuters) – The record demand for a Federal Reserve program that lets money market funds and other firms park cash […]
Shareholders narrowly approve videogame maker Activision Blizzard CEO’s $155 million pay
By Jessica DiNapoli NEW YORK (Reuters) – Shareholders approved the $155 million pay package for Activision Blizzard Inc Chief Executive […]
Oil rallies on weaker dollar and Iran supply uncertainty
By Jessica Resnick-Ault NEW YORK (Reuters) -Oil prices soared on Monday, gaining on a pause in talks to end U.S. […]
U.S. SEC charges operators of Treasury bill mutual fund with fraud
By Jonathan Stempel NEW YORK (Reuters) – The U.S. Securities and Exchange Commission said on Monday it obtained an asset […]
Fed’s Powell sees ‘sustained improvement’ in economy, notable rise in inflation
WASHINGTON (Reuters) – The U.S. economy continues to show “sustained improvement” from the impact of the coronavirus pandemic and ongoing […]
Bitcoin falls 8.6% to $32,540
(Reuters) – Bitcoin dipped 8.57% to $32,540.35 at 2011 GMT on Monday, losing $3,049.42 from its previous close. Bitcoin, the […]
U.S. Supreme Court rebuffs insurers on Obamacare reimbursements
By Lawrence Hurley WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by health insurance […]
Analysis: Fed’s “big tent” framework may fray under inflation surge
By Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve’s carefully crafted move last year to a jobs-first monetary policy, […]