Greenback jumps in opposition to yen as Fed officers trace extra price hikes to come back

NEW YORK, Aug. 2 (Reuters) – The dollar strengthened against the Japanese yen on Tuesday as remarks by U.S. Federal Reserve officials hinted that more rate hikes are imminent in the coming weeks. next time. A trio of Fed officials from across policy suggested Tuesday that they and their colleagues remain firm and united in … Read more

Inflation begins to pressure the funds of younger, low-income People

Image of a shopper wearing a mask at a Dollar Tree store in Pasadena, California, U.S., June 11, 2020. REUTERS / Mario Anzuoni Sign up now for FREE unlimited access to Reuters.com Register NEW YORK, August 1 (Reuters) – As high inflation forces Americans to spend more on gas and bills, young and low-income consumers … Read more

Fed unveils one other massive charge hike as indicators of financial slowdown develop

U.S. Federal Reserve Chairman Jerome Powell poses a question during a news conference following the two-day meeting of the Federal Open Market Committee (FOMC) in Washington, U.S., June 15, 2022. REUTERS/ Elizabeth Frantz / File Photo Sign up now for FREE unlimited access to Reuters.com Register WASHINGTON, July 27 (Reuters) – With the Federal Reserve … Read more

How China turned the zero level for the automotive chip scarcity

TAIPEI/SHANGHAI/SINGAPORE, July 19 (Reuters) – From his small office in Singapore, Kelvin Pang is ready to bet his $23 million payday that the worst chip shortages are not over yet for automakers – at least in China. Pang bought 62,000 microcontrollers, the chips that help control a range of functions from a car’s engine and … Read more

S&P 500, Dow shut decrease after financial institution earnings, inflation information

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2022. REUTERS / Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Register JPMorgan, Morgan Stanley report missed profits PPI rose stronger than expected in June Conagra Brands falls into failure forecast Dow down … Read more

Wall St ends bearish as sizzling inflation information boosts Fed price hike price

Fed futures funds now favor a 100bp rate hike in March Twitter soars after revealing Hindenburg’s long position Delta Air Lines fell due to poor Q2 profit Indices down: Dow 0.67%, S&P 0.45%, Nasdaq 0.15% NEW YORK, July 13 (Reuters) – U.S. stocks closed modestly lower on Wednesday after investors considered hotter-than-expected U.S. inflation data, … Read more

Twitter sues Elon Musk to maintain him in $44 billion settlement

WILMINGTON, Del., July 12 (Reuters) – Twitter Inc (TWTR.N) sued Elon Musk on Tuesday for violating his $44 billion deal to buy the social media platform and asked a Delaware court to order the world’s richest man to complete the merger at 54 $.20 agreed upon per Twitter share. “Musk clearly believes that he – … Read more

Texas grid operator warns of potential blackouts amid scorching warmth

Power lines are seen during a heatwave with an expected temperature of 102 F (39 C) in Dallas, Texas, U.S. June 12, 2022. REUTERS/Shelby Tauber/File Photo Sign up now for FREE unlimited access to Reuters.com Register HOUSTON, July 10 (Reuters) – Texas’ grid operator on Sunday urged state residents for a second time this year … Read more

Tesla performs ‘whack-a-mole’ with supply difficulties falling for the primary time in two years

July 5 (Reuters) – Tesla Inc (TSLA.O) Wall Street analysts said Tuesday faces a host of hurdles ranging from tough manufacturing to rising inflation that could weigh on profits, Wall Street analysts said on Tuesday. , as the electric carmaker reported a drop in deliveries for the first time in two years. Affected by China’s … Read more