By Karen Brettell NEW YORK (Reuters) – The U.S. dollar held at lower levels on Wednesday after minutes from the Federal Reserve’s December meeting offered no surprises or new information about t[...]
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January 4, 2023
FOMC in Dec worried about “misperception” that inflation fight flagging
NEW YORK (Reuters) – All officials at the Federal Reserve’s December meeting agreed to slow the pace of its aggressive interest rate increases, allowing them to continue raising the cost o[...]
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Ryanair hikes full year profit forecast after strong Christmas season
By Padraic Halpin DUBLIN (Reuters) – Ryanair hiked its forecast for after-tax profit by up to 325 million euros on Wednesday, citing recent pent-up travel demand while warning that COVID-19 and[...]
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U.S. labor market remains tight; manufacturing slumps further
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings fell less than expected in November as the labor market remains tight, which could see the Federal Reserve boosting interest rates to a[...]
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With big bets on Musk, these funds may have a Tesla problem in ’23
By David Randall NEW YORK (Reuters) – Tesla Inc’s steep sell-off is proving to be an ongoing nightmare for fund managers that have bet heavily on the Elon Musk-led electric vehicle manufac[...]
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Coinbase to pay $50 million to settle NY state investigation, invest $50 million in compliance
WASHINGTON (Reuters) -U.S.-based cryptocurrency exchange Coinbase Inc has reached a $100 million settlement with New York’s Department of Financial Services (DFS), the exchange and the regulator[...]
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U.S., New York sue Credit Acceptance, allege predatory auto lending
By Jonathan Stempel NEW YORK (Reuters) -Credit Acceptance Corp was sued on Wednesday by the U.S. Consumer Financial Protection Bureau and New York Attorney General Letitia James, who accused the auto[...]
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Meta told to reassess legal basis for EU personalised ads
By Padraic Halpin DUBLIN (Reuters) -Meta must reassess the legal basis on how Facebook and Instagram use personal data to target advertising in the European Union, its lead privacy regulator in the bl[...]
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Explainer-What happens next in Sam Bankman-Fried’s fraud case
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried pleaded not guilty in Manhattan federal court on Tuesday to fraud and other charges related to the collapse of his $32 billion crypto empi[...]
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