By Michael S. Derby NEW YORK (Reuters) – New York Fed President John Williams said financial conditions are roughly in line with what central bankers want to see. “We still have work to do” on raising rates but financial conditions look roughly in line with the likely outlook for monetary policy, Williams said at a …
(Reuters) -The New York Times Co beat Wall Street estimates for quarterly earnings on Wednesday as more people signed up for its digital subscription bundles, offsetting a slowdown in ad sales and helping the newspaper unveil a $250 million share buyback. The Times has in the past few years embarked on a bundling push, combining …
New York Times earnings beat estimates as it signs up more digital subscribers Read More »
By Rory Carroll LOS ANGELES (Reuters) -Los Angeles Lakers forward LeBron James surpassed Kareem Abdul-Jabbar to become the NBA’s all-time leading scorer on Tuesday, setting the new mark with a fadeaway jumpshot late in the third quarter of a home game against the Oklahoma City Thunder. ‘King James’, who entered the game needing 36 points …
NBA-‘King James’ claims throne as all-time leading scorer Read More »
By Fergal Smith TORONTO (Reuters) – The Canadian dollar is set to rise later this year as the global economic outlook turns more favorable for commodity-linked currencies and investors bet central banks will cut interest rates in 2024, according to a Reuters poll released on Wednesday. In three months, however, the loonie is set be …
Canadian dollar to rise later in 2023 on more favorable global outlook: Reuters poll Read More »
By Alexandre Meneghini and Dave Sherwood ISABELA DE SAGUA, Cuba (Reuters) – At a porchfront coffee stand in the Cuban village of Isabela de Sagua, sunburned fishermen gather at first light to talk of wind, tide and, increasingly, the fine points of U.S. immigration policy. The latest twist: A U.S. “parole” program announced in early …
A Cuban fishing village ponders its options as U.S. policy shifts Read More »
WASHINGTON (Reuters) – U.S. Treasury Department officials are urging the financial sector to address potential challenges in using cloud computing services, warning in a report on Wednesday that failure to do so could leave them and their customers vulnerable. The risk was particularly acute for small and medium-sized financial institutions, the department said. Deputy Secretary …
U.S. Treasury urges financial firms to examine cloud services Read More »
ROME (Reuters) -Italian retail sales increased in value terms but decreased in volume in 2022 compared to the previous year, with consumers suffering from high inflation, data showed on Wednesday. National statistics bureau ISTAT reported that sales increased 4.6% in value terms against a 0.8% decline in volume, with the contraction in food goods (-4.2% …
Italy inflation-adjusted retail sales fell in 2022 Read More »
By Kanishka Singh WASHINGTON (Reuters) – Texas sued the administration of U.S. President Joe Biden on Tuesday to prevent it from asking pharmacies to fill reproductive health prescriptions. The Biden administration said in July 2022 that refusing to fill prescriptions for drugs that could be used to terminate a pregnancy could violate federal law, regardless …
By Steve Gorman LOS ANGELES (Reuters) – One of two reputed gang members arrested in the execution-style killings of six people in a central California farming town last month, including a baby and his teenage mother, pleaded not guilty on Tuesday to six counts of first-degree murder. Noah David Beard, 25, entered his plea and …
First of two suspects pleads not guilty to murdering 6 in California Read More »
By David Shepardson WASHINGTON (Reuters) – The White House is releasing proposed guidance to boost the use of American-made goods in government-funded infrastructure projects, according to documents seen by Reuters. President Joe Biden in his State of the Union address Tuesday touted the effort to require construction materials used in federal infrastructure projects to be …
White House unveils plan to boost use of U.S.-made goods in infrastructure Read More »
