World Economic Magazine

Fed’s Waller: 2022 rate hike possible, wants MBS taper first

A "very optimistic" Federal Reserve Governor Christopher Waller on Tuesday said the U.S. central bank may need to start dialing…

5 years ago

U.S. consumer confidence at 16-month high; house price inflation heating up

U.S. consumer confidence jumped to its highest level in nearly 1-1/2 years in June as growing labor market optimism amid…

5 years ago

Little Engine No. 1 beat Exxon with just $12.5 mln – sources

Activist investor Engine No. 1 spent roughly $12.5 million to win three board seats at Exxon Mobil Corp(XOM.N), less than…

5 years ago

U.S. Steel, Norway’s Equinor eye clean hydrogen production

Norway's Equinor (EQNR.OL) and U.S. Steel Corp (X.N) will examine the potential for developing clean hydrogen production in Ohio, Pennsylvania…

5 years ago

GM expects to work with the UAW at battery plants – executive

A top executive of General Motors Co (GM.N) on Tuesday expressed strong support for efforts by the United Auto Workers…

5 years ago

Global shares edge lower on new COVID-19 outbreaks in Asia

Global shares edged lower on Tuesday, as new coronavirus outbreaks in Asia vied with strong U.S. consumer confidence, and as…

5 years ago

U.S., European suppliers scramble to secure Christmas goods as cargo delays worsen

Suppliers to Walmart (WMT.N), Target (TGT.N), Amazon.com (AMZN.O) and other major retailers told Reuters they are placing holiday orders for…

5 years ago

United Airlines unveils huge jet order in push for growth

United Airlines (UAL.O) unveiled its largest-ever order for Boeing (BA.N) and Airbus (AIR.PA) jets on Tuesday, lining up 270 planes…

5 years ago

Musk says may need $30 bln to keep Starlink in orbit

Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink satellite internet venture was growing quickly as he forecast total…

5 years ago

Financial sector faces heavier burden in EU climate plans, sources say

The European Union is considering a wide range of measures to bring the bloc's financial sector into line with its…

5 years ago