By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Chair Jerome Powell has asked the U.S. central bank’s inspector general to review…
Author: Active Trader Daily
State Department starts firing more than 1,350 workers in Trump’s shake-up of diplomatic corps
(Fixes advisory line to note that update adds details of Afghan resettlement program in paragraph 13) By Humeyra Pamuk WASHINGTON…
Easing regulations could lead to smaller Fed balance sheet, Miran says
By Michael S. Derby (Reuters) -Federal Reserve Governor Stephen Miran said on Wednesday that easing financial firms’ regulatory burden could…
Trading Day: Stock selloff snowballs, Japan wobbles
By Jamie McGeever ORLANDO, Florida (Reuters) -The tech-induced selloff across global stocks accelerated on Tuesday and soft U.S. labor market…
Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo
By Tassilo Hummel PARIS (Reuters) -Kering’s return to growth will require reducing its reliance on struggling flagship Gucci, further scaling…
Trump says he has ‘nothing to do with the family business’
WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday that he has nothing to do with his family business as…
Gulf bourses track global selloff as Fed rate cut hopes fade
By Md Manzer Hussain (Reuters) -Most Gulf stock markets slipped on Tuesday, tracking declines in global equities as diminishing odds…
China’s exporters rush to beat Trump’s next big tariff deadline
By Joe Cash and Ethan Wang BEIJING (Reuters) -China’s exports regained momentum in June as firms rushed out orders to…
Trump’s UN envoy pick Waltz says US needs strong voice to counter China
By Patricia Zengerle and Michelle Nichols WASHINGTON/UNITED NATIONS (Reuters) -The United Nations needs reform and the United States must have…
Factbox-JPMorgan CEO Dimon’s comments highlight steady caution on US economy
By Niket Nishant (Reuters) -JPMorgan Chase CEO Jamie Dimon has maintained a cautious stance on the U.S. economy for several…