By Howard Schneider WASHINGTON (Reuters) – Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test[...]
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August 19, 2024
US state AGs seek triple damages against Live Nation for concertgoers
By Jody Godoy NEW YORK (Reuters) -Attorneys general from about two dozen U.S. states are seeking treble damages against Live Nation Entertainment and its ticket-selling unit, Ticketmaster, for alleged[...]
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US overnight trading platform Blue Ocean completes fix for capacity issues
By Suzanne McGee (Reuters) – Trading platform Blue Ocean Technologies LLC on Monday completed a platform upgrade that will boost capacity several hundredfold, two weeks after its overnight tradi[...]
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Kroger sues FTC, calling its in-house judges unconstitutional
By Jody Godoy NEW YORK (Reuters) -Kroger sued the U.S. Federal Trade Commission on Monday, seeking to block the regulator from reviewing the grocery chain’s proposed $25 billion merger with smal[...]
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Dollar hits 7-month low, yen gains as traders wait on Jackson Hole
By Karen Brettell NEW YORK (Reuters) -The dollar fell to a seven-month low and the Japanese yen hit a more than one-week high as traders awaited comments from Federal Reserve Chair Jerome Powell this[...]
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US issues floating wind research lease to state of Maine
(Reuters) – The Biden administration on Monday issued an offshore wind lease to the state of Maine for a small project that will demonstrate floating turbine technology off the U.S. East Coast.[...]
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Oil falls by more than $2 a barrel on Gaza ceasefire talks and weak Chinese economy
By Laila Kearney NEW YORK (Reuters) -Oil prices fell by more than $2 a barrel Monday on the prospect of successful Middle Eastern peace talks reducing supply risks, while leading oil importer China[...]
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China widely expected to keep lending benchmark LPRs unchanged in Aug: Reuters poll
SHANGHAI (Reuters) – China is expected to leave benchmark lending rates unchanged on Tuesday, a Reuters poll showed, after policymakers surprised global markets by trimming a string of key inter[...]
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Mexico inflation likely eased in first half of August: Reuters poll
MEXICO CITY (Reuters) – Mexico’s year-on-year inflation likely eased in the first half of August, a Reuters poll showed on Monday, bolstering the case for the central bank to cuts its key[...]
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