Fed Preview: Expect Powell to Foreshadow a September Rate Cut Today
The Fed's July policy meeting is set to be a pivotal moment for markets, with expectations of holding rates steady while signaling a…
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US lawmakers seek to block Chinese firms from solar manufacturing subsidy
(Reuters) - A bipartisan group of U.S. lawmakers on Wednesday introduced a bill that would block Chinese solar panel makers from claiming…
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Oil gains nearly 3% on rising Mideast tension, falling US crude stockpiles
By Nicole Jao NEW YORK (Reuters) -Oil prices rose nearly 3% on Wednesday as investors worried the conflict in the Middle East could widen…
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Gold climbs over 1% after Fed’s Powell hints at early rate cut
By Anjana Anil and Anushree Ashish Mukherjee (Reuters) - Gold prices extended gains on Wednesday after Federal Reserve Chair Jerome Powell…
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‘No evidence’ SNP MSPs misused parliament stamps for election
Getty ImagesFirst Minister John Swinney said he was confident public money had not been used on the SNP's general election campaign A!-->…
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Oil climbs more than 2% as Middle East tensions rise again
By Nicole Jao NEW YORK (Reuters) -Oil prices rose more than 2% on Wednesday, rebounding from seven-week lows, as the killing of a Hamas…
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Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad
Technology23 May 2024, 10:02 pm 1 minute
Reuters exclusively reported that Microsoft’s…
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US farm agency to provide discrimination payments to 43,000 farmers
By Leah Douglas (Reuters) -The U.S. Department of Agriculture said on Wednesday it has issued $2 billion of financial assistance to more…
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Gold on track for monthly gain on Mideast fears, Fed rate-cut hopes
By Rahul Paswan (Reuters) - Gold prices were on track to register their best month since March on Wednesday led by geopolitical concerns…
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Bank of Japan Surprises With 15bp Hike, But Bond Purchase Slowdown Only Gradual
As we had expected, the raised its policy rate to 0.25% and announced the JGB purchases would be halved by 1Q26.
The growth outlook was…
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