By Niket Nishant and Nupur Anand (Reuters) -Regional U.S. bank stocks sank on Wednesday, dragged by a 38% plunge in the shares of New York Community Bancorp after it cut its dividend and posted a surp[...]
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February 1, 2024
Fed’s Powell sees lower rates on the horizon as inflation ebbs, economy bounces ahead
By Howard Schneider and Lindsay Dunsmuir WASHINGTON (Reuters) – Federal Reserve Chair Jerome Powell, in a sweeping endorsement of the U.S. economy’s strength, said on Wednesday that intere[...]
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US judge dismisses Disney’s lawsuit accusing DeSantis of retaliation
By Dawn Chmielewski and Tom Hals LOS ANGELES/WILMINGTON, Delaware (Reuters) -A U.S. judge on Wednesday dismissed Walt Disney Co’s lawsuit against Florida Governor Ron DeSantis and members of a s[...]
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Corteva profit beats on higher seed prices; plans $1 billion share buyback
(Reuters) -Agricultural chemical and seed company Corteva beat Wall Street estimates for fourth-quarter profit on Wednesday as higher prices in its seeds business offset lower volumes and announced pl[...]
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US firms in China slightly more optimistic, but caution remains – survey
By Casey Hall SHANGHAI (Reuters) – U.S. businesses in China are feeling more optimistic about bilateral relations and their profitability potential than a year ago, but most will still limit new[...]
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