(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said she feels there is “a lot of work left to do” on bringing inflation back down to the Fed’s 2%[...]
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January 19, 2024
Wells Fargo branch workers in California vote against union
By Nupur Anand (Reuters) – Wells Fargo employees at a small bank branch in Atwater, California, voted against forming a union on Thursday, making it the first Wells site to reject burgeoning uni[...]
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Dollar edges lower but poised for weekly gain as early rate cut hopes dim
By Chuck Mikolajczak NEW YORK (Reuters) -The U.S. dollar edged lower on Friday, pausing after five straight sessions of gains but still poised for a weekly climb, as recent economic data and comments[...]
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Stellantis buys Brazil’s DPaschoal in another components push in Latam
SAO PAULO (Reuters) – Stellantis said on Friday it is buying a 70% controlling stake in Brazilian automotive services firm DPaschoal, in the automaker’s latest move to expand its presence[...]
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EU Commission seeks feedback on Apple offer to open up tap-and-go tech to rivals
BRUSSELS (Reuters) -The European Commission is seeking feedback from rivals and customers on concessions Apple offered to settle EU antitrust charges and stave off a possible hefty fine, it said on Fr[...]
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Atlas Air Boeing 747 cargo plane makes emergency landing after engine fire
By David Shepardson and Lisa Barrington WASHINGTON (Reuters) -An Atlas Air Boeing 747-8 cargo plane made an emergency landing in Miami late Thursday shortly after departure after suffering an engine f[...]
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Binance to face off against US securities regulator in court
By Chris Prentice, Jody Godoy and Hannah Lang (Reuters) -Binance is due to square off against the U.S. Securities and Exchange Commission (SEC) in a Washington courtroom next week, in another high-pro[...]
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Fed won’t start rate cuts until May, traders now bet
By Ann Saphir (Reuters) -The Federal Reserve won’t start easing policy until May, traders bet on Friday, capping a week during which stronger-than-expected economic data and commentary from cent[...]
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US consumer sentiment races to 2-1/2-year high; inflation expectations ease
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment improved in January, hitting the highest level in 2-1/2 years amid growing optimism over the outlook for inflation and household[...]
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