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Oil prices fall 1% after Fed rate hike

Pumpjacks are seen at sunset in the Daqing Oil Field in Heilongjiang Province, China, August 22, 2019.Reuters/Stringer Register now for free, unlimited access to Reuters.com register NEW YORK (Reuters) – Oil prices rose to about 1 on Wednesday after the Federal Reserve hiked interest rates sharply again to curb inflation that could dampen economic activity … Read more

Dollar surges to 20-year high as Putin rocks FX markets ahead of Fed

Register now for free, unlimited access to Reuters.com register Dollar index hits 20-year high Euro returns to 20-year low Putin announces partial mobilization to Ukraine Market Gauges Fed’s Hawkishness at Powell Briefing LONDON/NEW YORK (Reuters) – The dollar on Wednesday ahead of another expected aggressive Federal Reserve rate hike as investors fled for safety after … Read more

Europe burns cash to support companies in deepening energy crisis

Register now for free, unlimited access to Reuters.com register Ukraine crisis drives European gas prices soaring Utilities face a liquidity crisis Germany ‘does everything possible’ to help businesses Russian mobilization triggers oil price surge BERLIN/LONDON/HELSINKI (Reuters) – Germany on Wednesday nationalized gas importer Uniper (UN01.DE) and Britain capped wholesale electricity and gas prices for businesses. … Read more

Stocks fall, bonds and gold rise as Russian threat adds to Fed fears

Register now for free, unlimited access to Reuters.com register LONDON (Reuters) – Worried investors are leaving risky assets after Russian President Vladimir Putin ordered mobilization over Ukraine on Friday and accused the West of “nuclear blackmail”. Stocks fell while safe haven assets such as government bonds and the dollar rose as they fled. . European … Read more

YouTube challenges TikTok, giving short creators 45% of ad sales

Register now for free, unlimited access to Reuters.com register LOS ANGELES, Sept. 20 (Reuters) – YouTube has announced a new way for creators to make money with their short-form videos as it faces increasing competition from TikTok. The Google-owned (GOOGL.O) streaming service announced Tuesday it will bring advertising to its video feature Shorts, giving video … Read more

Ford shares record biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany.Reuters/Wolfgang Rattay Register now for free, unlimited access to Reuters.com register Sept 20 (Reuters) – Shares of Ford Motor Co (FN) fell more than 12% on Tuesday, more than a decade after the automaker said inflation-related charges this quarter would be … Read more

McDonald’s ordered to face Byron Allen’s $10 billion discrimination lawsuit

Register now for free, unlimited access to Reuters.com register Sept 20 (Reuters) – McDonald’s (MCD.N) has been accused by a U.S. judge of ‘racial stereotypes’ at fast-food chains for not advertising in black-owned media Ordered to defend media entrepreneur Byron Allen’s $10 billion lawsuit. In Friday’s ruling, Los Angeles federal district judge Fernando Olguin said … Read more

Oil prices fall, investors expect Fed rate hike

Storage tanks are seen at Marathon Petroleum’s Los Angeles refinery in Carson, California, USA, March 11, 2022. The refinery processes domestic and imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products. Taken with a drone. REUTERS/Bing Guan/File Photo Register now for free, unlimited access to Reuters.com register … Read more

Wall Street Falls on Fed Focus, Ford Predictions, Investor Fear

Register now for free, unlimited access to Reuters.com register Focus on Wednesday’s Fed Policy Decisions Ford expects another $1 billion inflation cost, stocks fall Nike slides down after Barclays downgrade over China lockdown concerns Index losses: Dow 1.73%, S&P 1.8%, Nasdaq 1.58% SEPTEMBER 20 (Reuters) – Wall Street fell on Tuesday as traders slumped markets … Read more

Treasury official criticizes China’s ‘unconventional’ debt practices

This illustrative image taken on April 25, 2022 shows a Chinese Yuan banknote. REUTERS/Florence Lo/Illustration Register now for free, unlimited access to Reuters.com register China is the world’s largest official creditor nation Lack of transparency, non-disclosure agreements slammed Common framework debt deals such as Zambia spur progress WASHINGTON (Reuters) – China’s stalemate over debt relief … Read more