By Ann Saphir CHICAGO (Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee said on Thursday the U.S. economy looks like it is back on track to 2% inflation after a bump up earlier this ye[...]
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July 11, 2024
US sued over ‘failure to examine harms’ from delayed offshore oil decommissioning
By Georgina McCartney (Reuters) – An environmental group on Thursday sued the U.S. government over its approach to examining the harm caused by ageing offshore oil and gas infrastructure, citing[...]
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June price drop may shorten the Fed’s last mile on inflation
By Ann Saphir and Howard Schneider CHICAGO (Reuters) -The “last mile” of the Federal Reserve’s battle against inflation may have shortened to a last lap after U.S. consumer prices un[...]
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Global stock index falls with bond yields, dollar after US inflation data
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) -A global index of stocks edged down and bond yields fell on Thursday after U.S. inflation data boosted bets on interest-rate cuts while the ye[...]
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Firms launch options on swap-based Bitcoin ETF
By Suzanne McGee (Reuters) – Options on just-launched leveraged products that track the spot price of bitcoin via derivative swaps began trading on Thursday, a first for the cryptocurrency excha[...]
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Dollar drops, yen surges as consumer prices fall in June
By Karen Brettell (Reuters) -The dollar dropped on Thursday after data showed headline consumer prices unexpectedly fell in June, while a sharp gain in the Japanese yen sparked speculation of a possib[...]
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Explainer-Why does China’s central bank have a new cash management tool?
SHANGHAI (Reuters) – China’s central bank introduced a new cash management tool this week in the form of temporary bond repurchase (repo) agreements and reverse repos, adding to its variou[...]
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Senator wants Boeing CEO to testify as she prepares new FAA legislation
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Commerce Committee chair Maria Cantwell said on Thursday she has asked Boeing CEO Dave Calhoun to appear before her committee as she prepares legi[...]
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Chilean lithium to be eligible for U.S. tax break
SANTIAGO (Reuters) – Products made with Chilean-mined lithium – used for electric-vehicle batteries – will be eligible for U.S. tax benefits, the Andean country’s government sa[...]
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