By Andrea Shalal DETROIT (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that recent consumer price inflation data was “a tad higher” than expectations, but Americans sho[...]
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February 14, 2024
Some Volkswagen cars delayed in U.S. ports over Chinese part
BERLIN (Reuters) – Volkswagen said on Wednesday it expected to resolve by the end of March delays in the delivery of thousands of vehicles held up at U.S. ports due to a customs problem. The Fin[...]
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US SEC proposes to update definition of ‘qualifying’ VC funds
(Reuters) -Wall Street’s top watchdog on Wednesday proposed new rules that would raise the dollar threshold for venture capital funds to be covered by a principal statute regulating investment c[...]
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US dollar drifts lower, consolidates gains; seen rising further
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slid from a fresh three-month high against a major currency basket on Wednesday, as investors consolidated gains following the previous sessi[...]
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Morgan Stanley laying off hundreds in wealth management unit, source says
By Mehnaz Yasmin (Reuters) -Investment banking giant Morgan Stanley is planning to cut hundreds of jobs in its wealth management unit, according to a person familiar with the matter, the latest in a s[...]
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Bridgewater increased Nvidia stake more than 450% in Q4 -filings
By Carolina Mandl NEW YORK (Reuters) – Bridgewater Associates increased its stake in chipmaker Nvidia by 458% at the end of last year while also adding exposure to other members of the so-called[...]
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Oil falls by more than $1/bbl on US crude build, security threat worries
By Laila Kearney NEW YORK (Reuters) – Oil futures sank by $1 a barrel on Wednesday as surging U.S. crude inventories pushed down prices and a possible security threat to the U.S. that might damp[...]
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Bitcoin market cap crosses $1 trillion as buyers flood in
WASHINGTON/LONDON (Reuters) -The total value invested in bitcoin surpassed $1 trillion on Wednesday for the first time since November 2021 as inflows to U.S. spot bitcoin exchange-traded funds continu[...]
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KKR to acquire a stake in health tech firm Cotiviti
(Reuters) -Private equity firm KKR & Co has agreed to acquire a stake in Cotiviti from investment manager Veritas Capital, the healthcare technology firm said on Wednesday. KKR and Veritas will ha[...]
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