by Investing Wealth Daily | Jul 6, 2023 | Business, Economy, US
By Howard Schneider WASHINGTON (Reuters) – New data from the New York Federal Reserve shows underlying inflation may have slowed faster than the headline measures that have kept U.S. central bank officials poised for further interest rate increases. In a...
by Investing Wealth Daily | Jul 5, 2023 | Asia, Business, Economy, Europe, US
By Naomi Rovnick and Chiara Elisei LONDON (Reuters) – A financial stream that helped fund the world’s riskiest companies and grew into a market estimated at $1.5 trillion in the low interest rate years is drying up, as aggressive rate hikes bring tougher...
by Investing Wealth Daily | Jul 5, 2023 | Asia, Business, Economy, Entertainment and Lifestyle, Europe, Politics, Technology, US
By Foo Yun Chee BRUSSELS (Reuters) -Seven companies including Amazon, Apple, Google, Facebook-owner Meta and Microsoft say they meet the EU’s new criteria of “gatekeeper” that means they have to meet tougher rules, EU industry chief Thierry Breton...
by Investing Wealth Daily | Jul 5, 2023 | Asia, Business, Economy, Europe, Top News, US
By Pratyush Thakur and Shivansh Tiwary (Reuters) -New vehicle sales in the United States for top global automakers rose in the second quarter on improving supply and strong demand, signaling that rising interest rates have not yet had a meaningful impact on purchases....
by Investing Wealth Daily | Jul 5, 2023 | Business, Economy, US
(Reuters) – Utility firm Duke Energy said on Wednesday it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes operating assets of REC Solar, which Duke had...
by Investing Wealth Daily | Jul 5, 2023 | Business, Europe, Technology, US
MILAN (Reuters) – Stellantis on Wednesday unveiled its new ‘STLA Medium’ vehicle platform, the first of four new electric-centric bases that will underpin all future models made by the world’s fourth largest carmaker by sales. Stellantis,...
