Economic News

By Ann Saphir (Reuters) – Directors at four of the 12 Federal Reserve regional banks did not want the quarter-percentage-point interest rate increase that the U.S. central bank delivered in March, but it was unclear whether they preferred a pause or a bigger hike, the Fed

By Lisa Baertlein LOS ANGELES (Reuters) – The International Brotherhood of Teamsters union on Wednesday said it would not begin national contract negotiations with United Parcel Service as planned next week unless local supplemental contracts are completed.

WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday called for continued significant aid to Ukraine as it battles against Russia’s invasion, and lauded Ukrainian authorities for their focus on good governance and anticorruption.

NEW YORK, April 12 (Reuters) – Short interest on the Nasdaq rose 4.0% in the second half of March, the exchange said on Wednesday.

By Riham Alkousaa, Andreas Rinke and Andrew Gray

(Reuters) – U.S. stock index futures edged higher on Wednesday as investors awaited key inflation data and minutes from the Federal Reserve’s policy meeting for clues on whether U.S. interest rates are near their peak.

By Jarrett Renshaw and Ahmed Aboulenein (Reuters) – The U.S. Department of Health and Human Services (HHS) on Wednesday will propose a new rule prohibiting healthcare providers and insurers from sharing private health information if that information will be used to investigate someone for accessing or

By Lena Masri (Reuters) – U.S. Senator Ron Wyden has called for the Biden administration to carry out an investigation after a Reuters report showed how Russian authorities are using facial recognition to curb dissent with the aid of U.S. technology.

(Reuters) – A senior Russian official said on Wednesday that the United States’ designation of Wall Street Journal reporter Evan Gershkovich as “wrongfully detained” meant nothing to Russia and would not change its approach to his case, the TASS news agency reported.

By Luc Cohen NEW YORK (Reuters) – A former Deutsche Bank AG investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors who he wooed with promises of big returns from cryptocurrency trading.

By David Shepardson WASHINGTON (Reuters) – The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a move the agency says could mean two out of every three new vehicles automakers sell will be electric within a

(Reuters) – U.S. industrial and software firm Emerson Electric Co on Wednesday said it would buy measurement equipment maker NI Corp for $60 per share in cash, giving the deal an equity value of $8.2 billion.

By David Randall NEW YORK (Reuters) – Inflation data showing U.S. consumer prices rising less than expected in March may have come as a relief to markets, but some investors believe it may take a strong corporate earnings season to push stocks higher decisively.

By Howard Schneider WASHINGTON (Reuters) – Detailed minutes of the U.S. Federal Reserve’s meeting last month due out Wednesday may show just how close the central bank came to postponing further interest rate increases following the failure of two U.S. banks in the days leading up

By Leah Douglas WASHINGTON (Reuters) – Meat companies should examine their supply chains for evidence of child labor, the Biden administration said in a letter sent to top meatpacking companies on Wednesday.

NAIROBI (Reuters) – Businesses reopened and traffic was back in urban centres of Ethiopia’s Amhara region on Wednesday after six days of violent protests over a planned shakeup of local forces, residents said.

(Reuters) – Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a U.S. bankruptcy court hearing.

(Reuters) – Bank of England Governor Andrew Bailey said he did not see signs of a repeat of the 2007/8 global financial crisis, speaking at the International Monetary Fund Spring Meetings in Washington.

By Steve Holland and Amanda Ferguson BELFAST (Reuters) – U.S. President Joe Biden will meet British Prime Minister Rishi Sunak and Northern Irish political leaders in Belfast on Wednesday, kicking off a three-day Irish tour with a speech to mark the 25th anniversary of Northern Ireland’s

By Jonathan Allen (Reuters) – Local officials will meet in Memphis, Tennessee, on Wednesday to decide whether to return the second of two Democratic state lawmakers who were expelled last week for protesting gun violence on the chamber floor.