(Reuters) – Three Los Angeles police officers were in stable condition on Thursday after they were shot during a confrontation with a suspect who was later found dead at the scene, the Los Angeles Police Department (LAPD) said. The situation began at about 4 p.m. (midnight GMT) on Wednesday when officers responded to a call …
Three Los Angeles officers stable after confrontation, gunman dead Read More »
MEXICO CITY (Reuters) – Mexico’s core consumer prices slowed by more than expected in the year to February, data from statistics agency INEGI showed on Thursday, providing some relief as Latin America’s second-largest economy grapples with high inflation and interest rates. Overall, prices remain elevated in the country, the data showed, but the latest shift …
Mexico’s core prices slow more than expected in February Read More »
By Nell Mackenzie LONDON (Reuters) – Hedge funds’ bullish equity positioning in Europe is in line with some of the highest levels of the past five years but the appetite for stocks may fade amid rising interest rates and dour signals from bond markets, JP Morgan said in a note to clients on Thursday. European …
Hedge funds’ Europe stock buying spree unlikely to be maintained -JP Morgan Read More »
By Akash Sriram (Reuters) – Layoffs by U.S. companies over January and February touched the highest since 2009, with the tech sector accounting for more than a third of the over 180,000 job cuts announced, a report showed on Thursday. In February alone, layoffs in the United States stood at 77,770, more than five times …
U.S. job cuts over Jan-Feb hit highest since 2009 – report Read More »
BRASILIA (Reuters) – Brazil’s central bank stated on Thursday that the potential impact of the accounting scandal involving retailer Americanas SA on banks would be ‘insignificant’ even in an extreme scenario. The statement was made in the minutes of last week’s Financial Stability Committee meeting, which had decided to maintain a neutral macroprudential policy due …
Americanas scandal won’t affect Brazil banks much even in “extreme scenario” – cenbank Read More »
By Yoruk Bahceli and Naomi Rovnick LONDON (Reuters) – Two years after inflation began its rapid ascent, investors, economists and policymakers remain divided on the path ahead. Yes, headline inflation across major developed economies has retreated from multidecade highs, inflationary impulses from COVID-19 such as rocketing used car and semiconductor prices are fading, and Europe’s …
Inflation scare over? The case for and against sticky inflation Read More »
By Leah Douglas (Reuters) – Navigator CO2 Ventures’ proposed carbon pipeline project in the U.S. Midwest is struggling to secure a site to store millions of tons of greenhouse gas it hopes to collect from the region’s ethanol plants, as residents refuse to give up land rights over fears the underground reservoirs could leak, according …
US carbon pipeline faces setback as residents refuse to cede land rights Read More »
By Raphael Satter WASHINGTON (Reuters) -A serious breach at a healthcare administrator serving the U.S. House of Representatives has potentially exposed the personal data of hundreds of lawmakers and their staff, top representatives and a senior Congressional official said in letters circulated on Wednesday. One of the letters, which the House’s Chief Administrative Officer Catherine …
Significant hack potentially exposes US lawmakers’ personal data -letters Read More »
NEW YORK (Reuters) – Alpha Sigma Capital, a U.S.-based digital asset fund, and Transform Ventures, a venture capital firm, will raise $100 million for two new funds focused on the blockchain and so-called decentralized Web 3.0 ventures, Alpha Sigma founder and Chief Executive Officer Enzo Villani said on Wednesday. Transform Ventures, founded by crypto investor …
By Andrea Shalal WASHINGTON (Reuters) -U.S. President Joe Biden’s fiscal 2024 budget plan would boost federal funding for childcare and early childhood education by billions of dollars, ensuring free preschool for all of the country’s 4 million 4-year-olds, the White House said. The proposal, which Biden will deliver to Congress on Thursday, revisits several items …
Biden’s budget plan would boost childcare funding by billions of dollars Read More »
