Morning Bid: Dollar rockets as Powell trumps AI
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
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US says stolen COVID relief funds seized so far top $1.4 billion
The word "COVID-19" is reflected in a drop on a syringe needle in this illustration taken November 9, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsWASHINGTON, Aug 23 (Reuters) - The U.S. Justice Department said on Wednesday it has seized over $1.4 billion in COVID-19 relief funds that criminals had stolen, and charged over 3,000 defendants with crimes in federal districts across the country.The Justice Department disclosed the results of a nationwide enforcement action to combat coronavirus fraud, including federal criminal charges against 371 defendants for offenses related to over $836...
Morning Bid: ‘Flash’ business funk and AI buzz
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
Fed officials divided in July over need for more rate hikes, minutes show
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger Acquire Licensing RightsWASHINGTON, Aug 16 (Reuters) - Federal Reserve officials were divided over the need for more interest rate hikes at the U.S. central bank's July 25-26 meeting, with "some participants" citing the risks to the economy of pushing rates too far even as "most" policymakers continued to prioritize the battle against inflation, according to minutes of the session that were released on Wednesday."Participants remained resolute in their...
Yellen’s Las Vegas stop shows Bidenomics can be a tough sell
LAS VEGAS, Aug 15 (Reuters) - Daemein Hargrove, 21, recently dropped plans for a four-year college degree to sign up...
Morning Bid: U.S. retail therapy as China funk deepens
Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City,...
U.S.-led naval group warns ships to avoid Iranian waters to avoid seizure
Attendees hold flags from Iran and the United States as Iranian Americans from across California converge in Los Angeles, California,...
US SEC to appeal from Ripple Labs court ruling
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May...
Biden order curbing investment to China expected next week-sources
The flags of the United States and China fly from a lamppost in the Chinatown neighborhood of Boston, Massachusetts, U.S.,...
Key Republican urges Biden to set broad restrictions on U.S. investments in China
U.S. Representative Mike Gallagher (R-WI) walks to a House Permanent Select Committee on Intelligence meeting on Capitol Hill in Washington,...
