Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Fed’s Bostic sees no more U.S. rate hikes, no recession
By Ann Saphir (Reuters) - Atlanta Federal Reserve Bank President Raphael Bostic on Tuesday said the U.S. central bank need not raise borrowing costs any further, and sees no recession ahead even as th...
Oct 10, 2023
US wholesale inventories unrevised in August, sales jump
WASHINGTON (Reuters) - U.S. wholesale inventories fell for a sixth straight month in August, but the pace of decline slowed amid a surge in sales. The Commerce Department said on Tuesday that wholesal...
Oct 10, 2023
Walmart expands online healthcare facility for US employees
(Reuters) - Walmart said on Tuesday it will expand online primary care facilities as part of its employee health insurance plan to its workers in 28 U.S. states. The retailer employs more than 2 milli...
Oct 10, 2023
Yellen says World Bank needs ‘cultural change’ to better mobilize private capital
By Andrea Shalal BEN GUERIR, Morocco (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday the World Bank had made progress in reforming its operations to better address climate change and ...
Oct 10, 2023
Argentina’s peso currency hits fresh record low in informal market
BUENOS AIRES (Reuters) - The Argentine peso weakened to a historic low of 1000 pesos per U.S. dollar in the informal parallel market on Tuesday, according to traders, as inflation in the Latin America...
Oct 10, 2023
World Bank chief Banga says Gaza conflict is economic shock ‘we don’t need’
MARRAKECH, Morocco (Reuters) - World Bank President Ajay Banga said on Thursday that the Israel-Gaza conflict is an unnecessary global economic shock that will make it harder for central banks to achi...
Oct 10, 2023
Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
By Howard Schneider WASHINGTON (Reuters) - Even as the U.S. economy bounds along, rising interest rates on government bonds could threaten the plans of elected officials and central bankers who though...
Oct 10, 2023
Finland says “outside activity” likely damaged gas pipeline, telecoms cable
OSLO (Reuters) - A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia have both sustained damage, and the location of the outage has been identified, the Finnish governm...
Oct 10, 2023
Factbox-How Ireland’s new sovereign wealth fund will work
DUBLIN (Reuters) - Ireland detailed on Tuesday how it plans to turn some of Europe's healthiest public finances into a 100 billion-euro($106 billion) sovereign wealth fund to ease future healthcare, p...
Oct 10, 2023
AMD to acquire AI software startup in effort to catch Nvidia
By Max A. Cherney (Reuters) - AMD said on Tuesday it plans to buy an artificial intelligence startup called Nod.ai as part of an effort to bolster its software capabilities. In its race to catch rival...
Oct 10, 2023
Tue Jul 28
Nashville, TN, USA
94°FFeels Like: 108°F
Wind/Dir: 33 MPH-W
Humidity: 60%
