By Trevor Hunnicutt and Doina Chiacu WASHINGTON (Reuters) -Any national-security review of the deal for Japan’s Nippon Steel to acquire U.S. Steel conducted by the Committee on Foreign Investmen[...]
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April 18, 2024
Fed policymakers agree: there’s no urgency to cut rates
By Ann Saphir and Michael S. Derby (Reuters) -Federal Reserve policymakers have coalesced around the idea of keeping borrowing costs where they are until perhaps well into the year, given slow and bum[...]
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Wall St closes lower; gold climbs amid economic, geopolitical crosswinds
By Stephen Culp NEW YORK (Reuters) -U.S. stocks vacillated on Thursday, swinging from red to green and back as investors contended with the push-pull of a strong economy and restrictive Federal Reserv[...]
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Stocks end near flat as investors assess earnings, data
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed near the unchanged mark on Thursday, as investors sifted through the latest corporate earnings, while economic data and comments from Federa[...]
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Fed’s Bostic: open to a rate hike if inflation progress stalls
(Reuters) – Atlanta Federal Reserve Bank President Raphael Bostic on Thursday said that if inflation does not continue to move toward the U.S. central bank’s 2% goal, as he expects it will[...]
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IMF tells Asian central banks not to follow Fed too closely
By Leika Kihara WASHINGTON (Reuters) -The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation and avoid tying their policy decisions too closely to anticip[...]
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US firms facilitated investments into blacklisted Chinese companies, says House probe
By Pritam Biswas and Mehnaz Yasmin (Reuters) -U.S. financial firms facilitated investments worth billions of dollars in index funds that included blacklisted Chinese companies, according to a bipartis[...]
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Nordstrom to evaluate founding family’s interest in pursuing take-private deal
By Granth Vanaik (Reuters) -Nordstrom said the founding family behind the department store chain had shown an interest in pursuing a potential go-private deal, prompting the company’s board to f[...]
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Morning Bid: Jitters heighten, financial conditions tighten
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets will hope to end a bruising week on a positive note on Friday, but fraying global sentiment and a reluctance[...]
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