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Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show

Fed slows hike to 50 basis points in September, recession concerns mount, Reuters polls show

A resident buys food at a local market, in downtown San Francisco, California, US, July 13, 2022. REUTERS/Carlos Barria/File Photo Register now for FREE unlimited access to Reuters.com Register BENGALURU, Aug. 22 (Reuters) – The US Federal Reserve is set to raise interest rates by 50 basis points in September amid expectations that inflation has …

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Morning bid: China is calming down again, Jackson Hole looms

Morning bid: China is calming down again, Jackson Hole looms

People pass an electronic screen displaying Japan’s Nikkei stock price index in a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register Aug 22 (Reuters) – A look at Jamie McGeever’s day ahead in Asian markets Business and macro agendas in Asia are remarkably light …

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Workers in UK's largest container port, Felixstowe, begin 8-day strike

Workers in UK’s largest container port, Felixstowe, begin 8-day strike

A view shows stacked shipping containers in the port of Felixstowe, UK, October 13, 2021. Photo taken with a drone. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, Aug. 21 (Reuters) – More than 1,900 workers in Britain’s largest container port will begin strikes for eight days on Sunday. Their union …

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US wants airlines to offer more assistance to stranded, delayed passengers

US wants airlines to offer more assistance to stranded, delayed passengers

WASHINGTON, Aug. 19 (Reuters) – Transportation Secretary Pete Buttigieg has urged the 10 largest US airlines to do more to help stranded and delayed passengers. Buttigieg, who is under pressure from US lawmakers to want airlines to provide better service or face hefty fines, has clashed with major US carriers over who is responsible for …

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Musk approaches brain chip startup Synchron over deal amid Neuralink delays

Musk approaches brain chip startup Synchron over deal amid Neuralink delays

Tesla CEO Elon Musk watches as he visits the construction site of Tesla’s gigafactory in Gruenheide, near Berlin, Germany, May 17, 2021. REUTERS/Michele Tantussia Register now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Elon Musk has announced brain chip implant developer Synchron Inc. approached about a potential investment as his own …

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Ryan Cohen's $60 Million Bed Bath U-Turn Triggers Meme Stock Investor Ire

Ryan Cohen’s $60 Million Bed Bath U-Turn Triggers Meme Stock Investor Ire

An exterior view shows a Bed Bath & Beyond store in Novi, Michigan, US, Jan. 29, 2021. REUTERS/Emily Elconin Register now for FREE unlimited access to Reuters.com Register Aug 19 (Reuters) – Investors flooded social media platforms like Reddit on Friday criticizing Ryan Cohen’s sale of his stake in Bed Bath & Beyond Inc (BBBY.O), …

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US seeks information from Tesla about camera in car in Autopilot probe

US seeks information from Tesla about camera in car in Autopilot probe

WASHINGTON, Aug. 18 (Reuters) – U.S. auto safety regulators on Thursday asked Tesla Inc (TSLA.O) to answer questions about the in-car camera intended to monitor driver consciousness as part of an investigation into 830,000 Tesla vehicles using advanced driver assistance system called Autopilot. The National Highway Traffic Safety Administration (NHTSA) is assessing Autopilot’s performance after …

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Stocks choppy, US yields fall as investors digest Fed minutes

Stocks choppy, US yields fall as investors digest Fed minutes

A man in a protective mask walks past an electronic board displaying the Shanghai Composite Index, Nikkei Index, and Dow Jones Industrial Average during the coronavirus disease (COVID-19) outbreak outside a real estate agency in Tokyo, Japan, March 7, 2022. REUTERS / Kim Kyung Hoon Register now for FREE unlimited access to Reuters.com Register Wall …

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Bluebird's $2.8M Gene Therapy Becomes Most Expensive Drug After U.S. Approval

Bluebird’s $2.8M Gene Therapy Becomes Most Expensive Drug After U.S. Approval

Signage is on display outside the Food and Drug Administration (FDA) headquarters in White Oak, Maryland, US, Aug. 29, 2020. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 17 (Reuters) – The U.S. Food and Drug Administration on Wednesday approved bluebird bios (BLUE.O) gene therapy for patients with a rare …

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