Wealth Growth Daily

US

Is the wild ride over? Fed faces broader debate as it tees up rate hike

BY Reuters  • July 17, 2023July 17, 2023
By Howard Schneider WASHINGTON (Reuters) – Since the Federal Reserve decided to keep interest rates on hold at its June 13-14 policy meeting, U.S. central bank officials have given every indicat[...]
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Business Economy Updated US

Dollar decline slows as investors wait on Fed

BY Reuters  • July 17, 2023July 17, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar dipped against a basket of currencies on Monday after last week suffering its largest weekly decline this year as Treasury yields tumbled, but h[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Goldman Sachs cuts probability of US recession in next 12 months

BY Reuters  • July 17, 2023July 17, 2023
By Davide Barbuscia NEW YORK (Reuters) -Goldman Sachs’ Chief Economist Jan Hatzius said on Monday the bank was cutting its probability that a U.S recession will start in the next 12 months to 20[...]
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Business Economy Updated US

Crypto firms facing US SEC charges find hope in Ripple ruling, experts say

BY Reuters  • July 17, 2023July 17, 2023
By Jody Godoy and Chris Prentice (Reuters) -A cryptocurrency developer’s landmark legal victory against the U.S. Securities and Exchange Commission (SEC) will galvanize Coinbase and other compan[...]
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Business Economy Technology Updated US

GM can’t build or deliver new vehicles fast enough, exec says

BY Reuters  • July 17, 2023July 17, 2023
By Paul Lienert LANSING, Michigan (Reuters) – General Motors is seeing strong demand for many of its U.S. vehicles, but can’t deliver them to dealers fast enough, one of the company’[...]
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Business US

Oil dips over 1.5% on demand fears after weak Chinese data

BY Reuters  • July 17, 2023July 17, 2023
By Arathy Somasekhar HOUSTON (Reuters) -Oil dropped by more than 1.5% on Monday after weaker than expected Chinese economic growth raised doubts over the strength of demand in the world’s second[...]
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Business Economy Europe Middle East UK Updated US

Microsoft granted two-month pause of UK appeal over Activision deal

BY Reuters  • July 17, 2023July 17, 2023
By Sam Tobin and Paul Sandle LONDON (Reuters) -Microsoft’s appeal against Britain’s block on its $69 billion takeover of Activision Blizzard was formally paused by a London tribunal on Mon[...]
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Business Economy Europe Technology UK Updated US

Tesla sues Australia’s Cap-XX over EV battery technology

BY Reuters  • July 17, 2023July 17, 2023
By Blake Brittain (Reuters) – Tesla sued Australian company Cap-XX in Texas federal court on Friday, claiming its supercapacitors used for storing energy in electric-vehicle batteries infringe t[...]
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Business Technology US

ICE buyout target Black Knight sells second unit to ease antitrust path

BY Reuters  • July 17, 2023July 17, 2023
By Niket Nishant (Reuters) -U.S. mortgage data vendor Black Knight will sell its Optimal Blue business for $700 million, shedding a second unit to soothe regulatory concerns over its proposed buyout b[...]
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Business Canada Updated US
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