By SinĂ©ad Carew, Devik Jain and Bansari Mayur Kamdar (Reuters) – The S&P 500 closed up more than 2% while […]
Fed hikes interest rates, signals aggressive fight to curb inflation
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday raised interest rates for the first time […]
Fed signals fastest tightening since 2006; markets see more
By Ann Saphir (Reuters) – Federal Reserve policymakers on Wednesday signaled much faster interest rates hikes this year than they […]
Two SPACs backed by billionaire Ken Moelis withdraw U.S. IPO plans
(Reuters) – Two special purpose acquisition companies (SPACs) backed by billionaire investment banker Ken Moelis have withdrawn their plans for […]
Texas official quizzes financial companies on fossil fuel investments
By Ross Kerber (Reuters) – Texas Comptroller Glenn Hegar has questioned 19 financial companies to clarify their investment policies on […]
Major U.S. banks raise base lending rate after Fed’s interest rate move
(Reuters) -Big U.S. banks said on Wednesday they were raising their base lending rates by a quarter of a percentage […]
How the Fed’s rate hikes could affect U.S. consumers
By Jonnelle Marte (Reuters) – The Federal Reserve raised short-term interest rates on Wednesday by a quarter of a percentage […]
Foreign-listed Chinese shares jump as Beijing soothes worries
By Danilo Masoni, Tiyashi Datta and Caroline Valetkevitch (Reuters) – Foreign-listed Chinese shares rallied on Wednesday after Beijing vowed to […]