By Daniel Wiessner (Reuters) -A federal judge on Friday temporarily blocked the administration of President Donald Trump from stripping hundreds…
Category: Uncategorized
Fed survey finds global trade fight, policy uncertainty top financial stability risks
By Pete Schroeder and Michael S. Derby WASHINGTON (Reuters) -Rising risks around global trade, general policy uncertainty, and the sustainability…
P&G leans on $380 electric toothbrushes, upgraded razors to offset tariffs
By Jessica DiNapoli, Juveria Tabassum NEW YORK (Reuters) -Procter & Gamble is betting consumers will shell out for $380 electric…
Trump trade war spreads more gloom across businesses across the world
By Richa Naidu, Hyunjoo Jin and Jessica DiNapoli LONDON/SEOUL/NEW YORK (Reuters) -Businesses across multiple industries are hiking prices, backing away…
JPMorgan promotes 227 employees to MD level in key banking division
(Reuters) – JPMorgan Chase has promoted 227 employees in its commercial and investment bank (CIB) division to the coveted role…
Wall Street watchdog staff shrinks 16% in last year, includes key units, sources say
By Douglas Gillison and Chris Prentice WASHINGTON/NEW YORK (Reuters) -The U.S. Securities and Exchange Commission has lost 16% of its…
Exclusive-Trump expected to sign order pushing training for skilled trades
By Trevor Hunnicutt and Timothy Aeppel WASHINGTON (Reuters) -President Donald Trump could sign as soon as Wednesday an order to…
Dollar allocations moving from overweight to more natural weighting, ECB’s Lane says
WASHINGTON (Reuters) -The recent shifts in asset portfolio allocations away from the dollar may represent a move from overweighting dollar…
Chipotle tempers annual sales forecast as spending weakens
(Reuters) – Chipotle Mexican Grill on Wednesday tempered its annual comparable sales growth forecast as sticky inflation and economic uncertainty…
IBM forecasts second-quarter revenue above estimates, soothing tariff worries
By Arsheeya Bajwa (Reuters) -IBM said on Wednesday it expects second-quarter revenue above Wall Street estimates, betting on resilient demand…