Fed’s Mester says plenty of room left to run on balance sheet drawdown
NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday...
BofA pushes out final Fed rate hike expectation to December
(Reuters) – BofA Global Research said on Friday it now expects the U.S. Federal Reserve...
Republican Jim Jordan keeps up floundering fight to be US House Speaker
By David Morgan, Moira Warburton, Katharine Jackson and Makini Brice WASHINGTON (Reuters) -Hardline conservative Jim...
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Tesla CEO Musk’s demand warning sparks selloff in EV stocks
By Aditya Soni and Akash Sriram (Reuters) – Elon Musk’s warning that high interest rates...
Commodities
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Oil settles up 1% on nagging worries about Middle East
By Laura Sanicola (Reuters) -Oil prices settled higher on Thursday as traders remained nervous that...
Fed’s Powell: Strong economy may still require rate increases – Reuters News
By Chuck Mikolajczak NEW YORK (Reuters) – The U.S. economy’s strength and continued tight labor...
Amazon defends Prime program in bid to defeat FTC lawsuit
By Mike Scarcella (Reuters) – Amazon.com has denied duping millions of subscribers to its Amazon...
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Precious Metals & Minerals
Freeport-McMoRan to slow expansions amid inflation, weak copper prices
(Reuters) -Copper miner Freeport-McMoRan posted a better-than-expected third-quarter profit on Thursday, but said it would...
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Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
By Abhirup Roy and Ben Klayman SAN FRANCISCO (Reuters) -Tesla on Wednesday joined General Motors...
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AT&T lifts free cash flow target as subscriber additions top estimates
By Samrhitha A (Reuters) -U.S. wireless carrier AT&T raised its annual free cash flow forecast...