By Sinéad Carew and Amanda Cooper NEW YORK, LONDON (Reuters) – Wall Street’s major stock averages closed higher on Tuesday, steadying in the afternoon after early volatility while Treasury[...]
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January 10, 2023
Brazil’s 2022 inflation slows sharply, misses government target
By Marcela Ayres BRASILIA (Reuters) -Brazil’s inflation ended 2022 with a sharp slowdown from double-digit peaks seen throughout the year on the back of fiscal measures and an aggressive monetar[...]
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Bed Bath & Beyond to lay off more employees to trim costs
(Reuters) – Bed Bath & Beyond will lay off more employees in an attempt to reduce costs, the company said on Tuesday, a week after announcing it was exploring options including bankruptcy. L[...]
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Marketmind: Taking the down under on Aussie inflation
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The global inflation focus turns to Australia’s November figures on Wednesday, and will shine a[...]
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Exclusive-EU wants details of Big Tech, telcos investment plans – source
By Foo Yun Chee BRUSSELS (Reuters) – The European Commission wants to ask Big Tech and European Union telecoms providers about their investment outlays and cloud infrastructure plans before tabl[...]
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Dollar treads water near 7-month lows ahead of U.S. inflation data
By John McCrank NEW YORK (Reuters) -The dollar was rangebound on Tuesday, hovering around its weakest level in seven months versus the euro and a group of other major currencies, as traders awaited U.[...]
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FedEx to further trim Sunday deliveries
(Reuters) -FedEx Corp said on Tuesday it would further cut its Sunday package deliveries in March, as it looks to align operations with consumer demand. Many of FedEx’s 6,000 U.S. contractors ha[...]
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U.S. regulators forwarding Southwest complaints as part of probe
WASHINGTON (Reuters) -The U.S. Transportation Department said on Tuesday it is forwarding thousands of consumer complaints stemming from Southwest Airlines’ massive December flight cancellations[...]
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Powell: Fed needs independence to fight inflation, should avoid social policy
By Lindsay Dunsmuir and Howard Schneider STOCKHOLM (Reuters) -The Federal Reserve’s independence from political influence is central to its ability to battle inflation, but requires it stay out[...]
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