> FINS08

Bank of England seeks to stem bond market turmoil

IMF does ‘not recommend’ policies like UK growth plan Moody’s: economic plan is ‘growth negative’ Pound trading down 0.7% to $1.065 Bond strategists warn market almost untradeable LONDON, Sept 28 (Reuters) – The Bank of England sought to quell a fire-storm in the British bond market, saying on Wednesday it would buy as much government … Read more

IMF criticises UK policy, Bank of England to make big response

Proposals likely to increase inequality, IMF says BoE’s Pill says ‘significant’ response likely Economists, executives call for a policy U-turn Pound recovers slightly, up 0.4% on the day LONDON, Sept 27 (Reuters) – The International Monetary Fund openly criticised Britain’s new economic strategy on Tuesday, following another slide in bond markets that forced the Bank … Read more

Cryptoverse: Bitcoin miners get stuck in a bear pit

A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier Register now for FREE unlimited access to Reuters.com Register Sept 27 (Reuters) – Spare a thought for the beleaguered bitcoin miner. In late 2021, miners were the toast of the town with … Read more

Exclusive: Trump nominee Claver-Carone voted out at IDB, threatens legal action

Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register MEXICO CITY/WASHINGTON, Sept 26 (Reuters) – The governors of the Inter-American Development Bank (IDB) on Monday voted to fire … Read more

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register NEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing … Read more

Project Veritas loses jury verdict to Democratic consulting firm

Political activist James O’Keefe, currently CEO of Project Veritas, speaks at the Conservative Political Action Conference (CPAC) annual meeting at National Harbor near Washington, U.S., March 1, 2019. REUTERS/Yuri Gripas/File Photo/File Photo Register now for FREE unlimited access to Reuters.com Register Sept 23 (Reuters) – A federal jury has found Project Veritas, a conservative group … Read more

Fraudsters likely stole $45.6 billion from U.S. COVID unemployment insurance program

FILE PHOTO – An empty hospital bed sits inside the former Intensive Care Unit (ICU) for coronavirus disease (COVID-19) patients at Providence Mission Hospital in Mission Viejo, California, U.S., April 12, 2022. Picture taken April 12, 2022. REUTERS/Shannon Stapleton Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – Fraudsters likely … Read more

IDB directors unanimously recommend firing of Claver-Carone after ethics probe

Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 22 (Reuters) – The Inter-American Development Bank’s board of directors voted unanimously on Thursday to recommend firing … Read more

U.S. rents surge, leaving behind generation of younger workers

Sept 21 (Reuters) – The cost of renting a home in the United States is surging and young workers have felt the sharpest pain, many of them taking on additional jobs or roommates to afford housing costs. Household rents in 2021 jumped 10% from pre-pandemic levels, according to Census Bureau estimates released last week. The … Read more

Europe burns cash to help businesses in energy crisis

Register now for FREE unlimited access to Reuters.com Register European gas prices have soared amid Ukraine crisis Utilities face liquidity crunch Germany will ‘do everything possible’ to help firms Russian mobilisation triggers oil price jump BERLIN/LONDON, Sept 21 (Reuters) – Germany nationalised gas importer Uniper (UN01.DE) on Wednesday and Britain said it would halve energy … Read more