By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials in December launched an expansive debate about a coming turn in U.S. monetary policy, with fresh concerns voiced about how long the[...]
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January 3, 2024
US dollar rises to two-week peak on doubts about number of rate cuts in 2024
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar rose to a two-week high on Wednesday as investors continued to take profits on short dollar positioning amassed toward the end of last y[...]
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Oil prices settle up 3% on supply concerns after oilfield shutdown in Libya
By Scott DiSavino NEW YORK (Reuters) – Oil prices climbed on Wednesday, settling up about 3% after a disruption at Libya’s top oilfield added to fears that mounting tensions in the Middle[...]
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US job openings, quits near three-year low as labor market eases
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings fell to nearly a three-year low in November as the labor market gradually cools, which could pave the way for the Federal Reserve to st[...]
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How to save for an emergency, with help from your employer
By Chris Taylor NEW YORK (Reuters) – Loretta Day was facing a financial emergency. The Delta Air Lines flight attendant’s daughter was moving apartments and needed quick cash for a deposit – but[...]
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Goldman Sachs Asset Management raises $650 million for life sciences fund
(Reuters) – Goldman Sachs Asset Management said on Wednesday it had raised $650 million for a new fund that will invest in startups related to the life sciences sector. The fund, West Street Lif[...]
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At December meeting, some Fed officials mulled end to balance sheet cuts
By Michael S. Derby NEW YORK (Reuters) – Some Federal Reserve officials are ready to talk about what it would take for the central bank to stop the ongoing shrinkage of its massive holdings of c[...]
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GM offers $7,500 incentive for EVs losing US tax credit
By David Shepardson WASHINGTON (Reuters) -General Motors said on Wednesday it is offering incentives of $7,500 on its electric vehicles that earlier this week lost a U.S. government tax credit, while[...]
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Goldman in talks with BlackRock, Grayscale to be part of spot bitcoin ETFs – CoinDesk
(Reuters) -Goldman Sachs is in talks to be an authorized participant for the spot bitcoin exchange-traded funds that BlackRock and Grayscale are looking to launch, CoinDesk reported on Wednesday, citi[...]
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