By Howard Schneider WASHINGTON (Reuters) -Further Federal Reserve rate increases are “a pretty good guess” of where the central bank is heading if the economy continues in its current dire[...]
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Elections
Fed nominees stress importance of inflation, job mandates in Senate hearing
By Michael S. Derby (Reuters) – Two Federal Reserve officials and a labor economist who aspires to join their ranks told U.S. senators on Wednesday that they will set policy based on data and th[...]
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Analysis-Australia’s top companies back Indigenous Voice as public support wavers
By Byron Kaye, Melanie Burton and Praveen Menon SYDNEY (Reuters) – Some of Australia’s biggest companies, including miners, banks and retailers, are emerging as powerful sources of support[...]
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Low-tax Switzerland votes on global minimum corporate tax rate
By John Revill ZURICH (Reuters) – Swiss citizens vote this weekend on whether to raise business tax to 15% from an average of 11% to align with a global minimum tax rate, although even with the[...]
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TRYing times: The slide and fall of the Turkish lira
By Marc Jones LONDON (Reuters) -Turkey’s lira took a 7% nosedive on Wednesday as the country’s newly re-elected government appeared to be abandoning its costly 18-month strategy of keeping[...]
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Bank failures, ‘hard landing’ still top-of-mind for hedge funds
By Carolina Mandl and Davide Barbuscia NEW YORK (Reuters) -Big U.S. hedge fund and family office investors on Wednesday cautioned that despite the U.S. economy showing resilience, a recession and more[...]
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Biden cheers debt ceiling ‘crisis averted’ from Oval Office
By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden declared a “crisis averted” on Friday in his first address from the White House’s Oval Office, touti[...]
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YouTube to stop removing content making false claims on past elections
(Reuters) – Alphabet Inc’s YouTube said on Friday that the platform would stop removing content that might have spread false claims related to U.S. presidential elections in 2020 and befor[...]
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Factbox-What’s in the debt ceiling deal struck by Biden and McCarthy?
WASHINGTON (Reuters) – The U.S. Senate is debating a bill brokered by President Joe Biden and House Speaker Kevin McCarthy that lifts the government’s $31.4 trillion debt ceiling while imp[...]
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