SYDNEY (Reuters) – Australian inflation re-accelerated in November as strong demand drove holiday costs higher and flooding pushed up vegetable prices, a sign inflationary pressures had yet to peak. Data from the Australian Bureau of Statistics on Wednesday showed its monthly consumer price index (CPI) rose 7.3% in the year to November, entirely reversing a …
Australian CPI inflation rebounds to annual 7.3% in Nov Read More »
By Noe Torres MEXICO CITY (Reuters) – After two years of record outflows of foreign capital, Mexico’s economy bounced back in 2022 in large part due to attractive yields compared to other destinations, though some analysts doubt last year’s performance will set a new trend. A major factor will be Mexican borrowing costs, as the …
Foreign capital returned to Mexico last year, bucking earlier outflows Read More »
(Reuters) -World Wrestling Entertainment elected former chief Vince McMahon as the executive chairman of the board on Tuesday, the company said, adding that co-chief executive officer and chairwoman Stephanie McMahon resigned from her role. Nick Khan will serve as the new WWE CEO, the entertainment firm added. Vince McMahon, 77, returned to the board last …
WWE co-CEO Stephanie McMahon resigns, Vince returns as executive chairman Read More »
(Reuters) – Space startup ABL Space Systems’ maiden RS1 rocket mission failed after it was launched on Tuesday from the Pacific Spaceport Center in Alaska, after delays late last year. “After liftoff, RS1 experienced an anomaly and shut down prematurely,” ABL said in a tweet. The startup’s previous attempt at launch was on Monday, but …
ABL Space Systems’ rocket fails on maiden launch Read More »
By Gram Slattery WASHINGTON (Reuters) -Republicans controlling the U.S. House of Representatives voted on Tuesday to launch an investigation into what they term President Joe Biden’s weaponization of the federal government, but Democrats branded it a partisan fishing expedition. Republicans have been promising to use their new majority against the Justice Department, FBI and other …
U.S. House Republicans vote to go after Biden Justice Department Read More »
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen is digging in to oversee billions of dollars in federal climate and infrastructure spending that she believes will transform the economy, close associates say, defying demands from Republicans to step down. Yellen’s oversight of about $270 billion in tax credits for electric vehicles, home …
Janet Yellen is staying put to oversee billions in climate spending Read More »
(This Jan. 9 story has been refiled to fix the spelling of “name” to “named” in paragraph 4) By Steve Holland and Kanishka Singh WASHINGTON (Reuters) – Classified documents from Joe Biden’s vice-presidential days were discovered in November by the U.S. president’s personal attorneys at a Washington think tank, a White House lawyer said on …
Classified documents from Biden’s vice presidency found at think tank Read More »
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Tuesday, led by a 1% gain in the Nasdaq, on relief that Federal Reserve Chair Jerome Powell refrained in a speech from commenting on rate policy. In his first public appearance of the year, Powell said at a forum sponsored by the …
Wall St ends higher, Powell comments avoid rate policy Read More »
By Marcela Ayres BRASILIA (Reuters) -Brazil’s inflation ended 2022 with a sharp slowdown from double-digit peaks seen throughout the year on the back of fiscal measures and an aggressive monetary policy tightening, but once again missed the government’s official target. The benchmark IPCA consumer price index rose 5.79% last year, statistics agency IBGE said on …
Brazil’s 2022 inflation slows sharply, misses government target Read More »
NEW YORK (Reuters) – A longtime executive for Donald Trump is expected to be sent to New York’s Rikers Island jail after being sentenced on Tuesday to five months behind bars for helping engineer a 15-year tax fraud scheme at the former president’s real estate company. Allen Weisselberg, the Trump Organization’s former chief financial officer, …
Former Trump Organization CFO gets five months in jail Read More »
