By Karen Brettell NEW YORK (Reuters) – The dollar ended higher on Wednesday as two Federal Reserve officials said that […]
U.S. new home sales hit one-year low; prices soar
By Lucia Mutikani WASHINGTON (Reuters) -Sales of new U.S. single-family homes fell to a one-year low in May as the […]
Nespresso not raising coffee prices yet, sees slow demand from offices
By Marcelo Teixeira NEW YORK (Reuters) – Nespresso, the premium coffee division controlled by Nestle SA, has not increased prices […]
Alfi shares tumble from record, ‘meme stock’ Torchlight also sinks
(Reuters) – Shares of retail darlings Alfi Inc and Torchlight Energy were both down more than 20% on Wednesday, highlighting […]
Agreement in principle reached over Suez Canal ship dispute
ISMAILIA (Reuters) -The owners and insurers of a giant cargo ship that blocked the Suez Canal in March have reached […]
U.S. Fed reverse repo volume hits record $813.57 billion
(Reuters) – Volume in the U.S. Federal Reserve’s reverse repurchase operation reached a record $813.573 billion on Wednesday as financial […]
Reuters Events: Zurich Insurance CEO sees strong profit rebound, eyes closed life sales
By Carolyn Cohn LONDON/NEW YORK (Reuters) – Zurich Insurance Group AG is expecting a “strong rebound” in profits in 2021 […]
Fed officials say “temporary” inflation surge may last longer than thought
By Howard Schneider WASHINGTON (Reuters) -A period of high inflation in the United States may last longer than anticipated, two […]