Jun 29, 2023
Fed’s Powell signals fresh US rate hikes ahead

By Jesús Aguado, David Latona and Padraic Halpin (Reuters) -U.S. central bankers are likely to resume their rate hike campaign after a break earlier this month, Federal Reserve Chair Jerome Powell signaled on Thursday, as a fresh slew of stronger-than-expected…

Jun 28, 2023
Apple stock hits record, on cusp of $3 trillion market value

By Akash Sriram and Noel Randewich (Reuters) -Apple's stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization. The iPhone maker's stock rose 0.6% to end the day at $189.25,…

Jun 27, 2023
Washington state plans to mandate Tesla’s charging plug -official

By Jarrett Renshaw (Reuters) -Washington state plans to require electric vehicle charging companies to include Tesla's plug if they want to be part of a state program to electrify highways using federal dollars, an official told Reuters on Thursday. Washington…

Jun 26, 2023
US lawmakers make new push for expanded drone shootdown authority

By David Shepardson WASHINGTON (Reuters) - A group of bipartisan U.S. lawmakers said on Monday they are making a new push to expand government authority to detect and destroy drones that could pose security threats. Representatives Chrissy Houlahan, Mike Gallagher,…

Jun 23, 2023
Wall Street ends down, snaps weekly winning streak on Fed worries

By Stephen Culp NEW YORK (Reuters) - U.S. stocks closed lower on Friday, capping a week dominated by Federal Reserve Chairman Jerome Powell's testimony in which he signaled more interest rate hikes ahead but vowed the central bank would proceed…

Jun 20, 2023
Supply chain hangover still feeding inflation -SF Fed paper

By Ann Saphir SAN FRANCISCO (Reuters) -Pandemic-related snarls in global supply chains have mostly receded, but their after-effects still account for a big chunk of excess U.S. inflation, an analysis published Tuesday by the San Francisco Federal Reserve Bank showed.…

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