© Reuters. FILE PHOTO: U.S. President Joe Biden holds first Cabinet meeting at the White House in Washington, U.S., April 1, 2021. REUTERS/Tom Brenner By Nandita Bose WASHINGTON (Reuters) -Less than 3% of the roughly 30 million small-business owners in the United States could face tax increases under President Joe Biden’s jobs and infrastructure plan,…
© Reuters. FILE PHOTO: The floor of the the New York Stock Exchange (NYSE) is seen after the close of trading in New York, U.S., March 18, 2020. REUTERS/Lucas Jackson/File Photo By Lewis Krauskopf NEW YORK (Reuters) – Earnings reports from major retailers will be in focus next week after the U.S. stock market suffered one of its biggest pullbacks in months,…
© Reuters. FILE PHOTO: Bank of Canada Governor Tiff Macklem arrives to a news conference in Ottawa, Ontario, Canada September 10, 2020. REUTERS/Blair Gable/File Photo/File Photo By Julie Gordon and David Ljunggren OTTAWA (Reuters) -If the buoyant Canadian dollar continues to rise it could create headwinds for exports and business investment as well as affecting…
Fed’s Waller Joins Colleagues in Branding Inflation ‘Temporary’ (Bloomberg) — Christopher Waller on Thursday became the latest Federal Reserve governor to try and dampen expectations for central bank action to curb rising prices that he sees as “temporary.” Waller, the third governor to speak this week, said that while inflation above the Fed’s 2% goal…
© Reuters. FILE PHOTO: U.S. Sen. Martin Heinrich (D-NM) speaks during a Senate Intelligence Committee nomination hearing for Rep. John Ratcliffe (R-TX), on Capitol Hill in Washington, U.S., May 5, 2020. Andrew Harnik/Pool via REUTERS//File Photo By Valerie Volcovici WASHINGTON (Reuters) – Democratic Senator Martin Heinrich on Thursday introduced a bill that would help states…
© Reuters. FILE PHOTO: The European Central Bank (ECB) and the skyline with its financial district are photographed during sunset as the spread of the coronavirus disease (COVID-19) continues in Frankfurt, Germany, April 13, 2021. REUTERS/Kai Pfaffenbach By Julien Ponthus LONDON (Reuters) -European banks’ first-quarter earnings have surpassed all expectations in a turnaround from the…
MOSCOW (Reuters) – Russian petrochemical company Sibur has taken out a loan where interest rates are pegged to environmental targets, a move that could help pave the way for a potential initial public offering (IPO), a company’s senior manager said on Wednesday. Sibur said earlier on Wednesday that it had obtained a $50 million loan…
© Reuters. FILE PHOTO: Federal Reserve Vice Chair Richard Clarida reacts as he holds his phone during the three-day “Challenges for Monetary Policy” conference in Jackson Hole, Wyoming, U.S., August 23, 2019. REUTERS/Jonathan Crosby/File Photo By Howard Schneider and Ann Saphir WASHINGTON (Reuters) – It will be “some time” before the U.S. economy is healed…
© Reuters. By Geoffrey Smith Investing.com — The sell-off in technology stocks is set to continue, after weakness in Asia and Europe overnight. Equities are broadly weaker after signs of inflation emerging in China – but a bevy of Federal Reserve speakers has the opportunity to calm nerves ahead of tomorrow’s CPI release in the…
© Reuters. FILE PHOTO: A general view shows The Bank of England in the City of London financial district in London, Britain, November 5, 2020. REUTERS/John Sibley/File Photo/File Photo By Huw Jones LONDON (Reuters) – The fragmentation of Europe’s capital market due to Brexit has increased operating costs for banks to the point where some…
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