Author Archives: Syndicated Content
U.S. housing starts drop to 13-month low in May; building permits fall
WASHINGTON (Reuters) - U.S. homebuilding fell to a 13-month low in May and permits tumbled, suggesting the housing market was cooling as surging mortgage rates reduce affordability for many first-time...
Jun 16, 2022
Philadelphia Fed manufacturing index goes negative for first time in 2 years
(Reuters) - Manufacturing activity in the U.S. mid-Atlantic region weakened unexpectedly in June as new orders dropped to a two-year low and goods producers' near-term outlook sank to the lowest since...
Jun 16, 2022
Crypto volatility knocks more stablecoins off their peg
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Major cryptocurrency volatility has hit stablecoins, typically considered the market's safer-havens, with investors pulling money out of the secto...
Jun 16, 2022
HomeLight’s valuation touches $1.7 billion after latest fundraise
By Manya Saini (Reuters) - HomeLight said on Thursday it had raised $115 million in a late-stage funding round that valued the real-estate home technology platform at $1.7 billion. The series D fundin...
Jun 16, 2022
Bank of Israel, BIS, Hong Kong cenbank to test retail CBDC feasibility
By Steven Scheer JERUSALEM (Reuters) - Israel's central bank said on Thursday it was teaming up with the Hong Kong Monetary Authority and the Bank of International Settlements' (BIS) Innovation Lab to...
Jun 16, 2022
Michael Avenatti to discuss possible guilty plea in court hearing
(Reuters) - Michael Avenatti, the twice-convicted lawyer known for taking on former U.S. President Donald Trump, is scheduled to appear in a California federal court on Thursday to discuss a possible ...
Jun 16, 2022
Central banks opt for shock and awe to tame inflation
LONDON (Reuters) - The Federal Reserve has just delivered its biggest interest rate rise in over a quarter of a century and even the hitherto dovish Swiss National Bank has taken markets by surprise w...
Jun 16, 2022
ICC prosecutor aims to show war criminals can’t escape justice
By Natalia Zinets KYIV (Reuters) - The chief prosecutor of the International Criminal Court said on Thursday he hoped his war crimes investigation in Ukraine would show there can be no escape from jus...
Jun 16, 2022
U.S. energy secretary expected to meet with refining executives on June 23 – sources
WASHINGTON (Reuters) - U.S. Energy Secretary Jennifer Granholm is expected to meet with refining executives on June 23 to discuss gasoline prices, sources familiar with the matter told Reuters. The pl...
Jun 16, 2022
Netherlands says Russian spy caught seeking war crimes court internship
By Anthony Deutsch AMSTERDAM (Reuters) - The Dutch intelligence service said on Thursday it had uncovered a Russian military agent attempting to use a false identity to infiltrate the International Cr...
Jun 16, 2022
