Fed's Powell: More rate hikes are likely this year to fight still-high inflation
With inflation in the United States still too high, most Federal Reserve officials expect to raise interest rates further this year, Chair Jerome Powell said in prepared testimony to be delivered to a House committee
2023-06-21 22:56
Amazon duped millions of consumers into enrolling in Prime, US FTC says
By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission filed suit against Amazon.com Inc on Wednesday, accusing the retailer
2023-06-21 22:52
FTC accuses Amazon of enrolling consumers into Prime without consent and making it hard to cancel
The Federal Trade Commission sued Amazon on Wednesday for what it called a years-long effort to enroll consumers without consent into its Prime program and making it difficult for them to cancel their subscriptions
2023-06-21 22:48
IRS reduces tax return backlog by 80% and is doing better job answering the phone
The IRS has processed tens of millions of tax returns faster this year compared with years past, and getting through to customer service on the phone is slowly improving
2023-06-21 22:22
Wall St set to open lower as Powell doubles down on inflation fight
By Shubham Batra and Johann M Cherian (Reuters) -Wall Street's main indexes were set to open lower on Wednesday as
2023-06-21 21:26
European Union countries agree on a new package of sanctions against Russia over the war in Ukraine
European Union countries have agreed on a new package of sanctions against Russia for its war against Ukraine
2023-06-21 21:22
UK's stubborn inflation fails to fall, turning up heat on BoE
By David Milliken and William Schomberg LONDON (Reuters) -British inflation defied predictions of a slowdown and held at 8.7% in
2023-06-21 21:21
Fed's Powell, in testimony, says inflation fight has "long way to go"
By Howard Schneider WASHINGTON The Federal Reserve's fight to lower inflation back to its 2% target "has a
2023-06-21 20:55
Ukraine to come up with new debt relief plan early next year
By Marc Jones LONDON Ukraine is likely to decide early next year whether to try and extend the
2023-06-21 20:21
Paris air show: 'Progress' in supply chain as jet orders rack up
By Allison Lampert and Valerie Insinna PARIS (Reuters) -Jet engine maker Pratt & Whitney flagged "solid progress" in the aerospace
2023-06-21 20:17
Analysis-Stock sale frenzy foretells US IPO market comeback
By Echo Wang and Lance Tupper NEW YORK A flurry of stock sales by companies points to a
2023-06-21 18:25
Analysis-US Treasury bond spree could jolt markets if leveraged bets unravel
By Davide Barbuscia NEW YORK An expected surge in Treasury bill issuance could throw a wrench into the
2023-06-21 18:22