Author Archives: Syndicated Content
The Dow is in a bear market. What does that mean?
(Reuters) - The Dow Jones Industrial Average, the oldest of Wall Street's three main stock indexes, dropped 1.1% on Monday, extending the decline from its January peak to more than 20%, meeting a comm...
Sep 26, 2022
U.S. Financial Stability Oversight Council to meet on Oct. 3
WASHINGTON (Reuters) - The U.S. Financial Stability Oversight Council will meet on Oct. 3, with the meeting to be presided by Treasury Secretary Janet Yellen, the Treasury Department said on Monday. "...
Sep 26, 2022
Analysis-Pummelled pound faces long road back as investor confidence shredded
By Tommy Wilkes and Dhara Ranasinghe LONDON (Reuters) - Sterling's slide to record lows leaves it staring at parity with the dollar. Whether or not it hits the symbolic level, investors say Britain's ...
Sep 26, 2022
Fed’s Mester: with inflation high, better to act “aggressively”
By Ann Saphir (Reuters) - With inflation "unacceptably high," the Federal Reserve should lift rates higher and keep policy restrictive for some time, Cleveland Fed President Loretta Mester said on Mon...
Sep 26, 2022
Forest Service launches criminal probe into Mosquito Fire; seizes PG&E equipment
(Reuters) - Californian utility PG&E Corp said on Monday it was cooperating with the U.S. Forest Service (USFS) after the federal agency started a criminal investigation into the U.S. state's largest ...
Sep 26, 2022
Gas from Russia’s Nord Stream 2 pipeline leaks into Baltic Sea
By Thomas Escritt and Stine Jacobsen BERLIN/COPENHAGEN (Reuters) -Danish authorities on Monday asked ships to steer clear of a five nautical mile radius off the island of Bornholm after a gas leak ove...
Sep 26, 2022
Marketmind: “Our currency” and falling knives
(Reuters) - A look at the day ahead in Asian markets from Jamie McGeever The fear and fragility sweeping global markets can be summed up by a 50-year old quote on the dollar from the then U.S. Treasur...
Sep 26, 2022
Zelenskiy: Donetsk is Ukraine’s top priority since it is Russia’s top priority
(Reuters) - President Volodymyr Zelenskiy described the military situation in eastern Ukraine's Donetsk region on Monday as difficult and said it was the country's "No. 1 goal" because it was also Rus...
Sep 26, 2022
Factbox-The worst hurricanes in Florida’s history as Ian takes aim
(Reuters) - Hurricane Ian is expected to hit Florida's Gulf Coast later this week, possibly as a Category 3 storm, prompting residents to prepare for life-threatening conditions. As Florida braces for...
Sep 26, 2022
New York, California sue crypto lender Nexo over interest account registration
(Reuters) - Cryptocurrency lender Nexo Group has been sued by authorities in New York and California for allegedly failing to register its Earn Interest Product, as U.S. regulators crackdown on digita...
Sep 26, 2022
