Fed’s Goolsbee sees no stagflation but ‘definitely’ things could get worse
(Reuters) -Chicago Federal Reserve Bank President Austan Goolsbee on Monday said that with unemployment near 4% and inflation around 2.5%…
Year: 2025
US says it halts healthcare fraud schemes worth nearly $15 billion
WASHINGTON (Reuters) -The U.S. Justice Department said on Monday that it halted a series of healthcare fraud schemes that sought…
China’s rare earths are flowing again, but not freely
Forget Nvidia, This “Ghost Town” Company Holds the Key to the AI Boom In Today’s News Warren Buffett Bets $40…
China’s rare earths are flowing again, but not freely
By Christina Amann and Laurie Chen BERLIN/BEIJING (Reuters) -The threat of mass shutdowns across the automotive supply chain is fading…
Mastercard, Visa’s merchant fees breach competition law, UK tribunal rules
LONDON (Reuters) -Global payments processors Visa and Mastercard’s default multilateral interchange fees which are charged to retailers infringe competition law,…
Summertime data to pave way for Fed rate cuts, or further conflict with Trump
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -An unexpected pickup in underlying inflation last month nudged price pressures further…
Meta seeks $29 billion from private capital firms for AI data centers, FT reports
(Reuters) -Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers, the…
Exclusive-US exchanges, SEC in talks to ease public company regulations
By Anirban Sen and Chris Prentice NEW YORK (Reuters) -U.S. exchange operators are in talks with the Securities and Exchanges…
Vietnam PM expects US trade deal before July tariff deadline
HANOI (Reuters) -Vietnamese Prime Minister Pham Minh Chinh said on Wednesday he expected a trade deal with the United States…
Succession plans for Iran’s Khamenei hit top gear
The Dark Consequences of Trump’s New Investment In Today’s News How to Turn the AI Energy Crisis into BIG Profits [sponsor]…