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A Texas bankruptcy judge has rejected a proposed liquidation of conspiracy theorist Alex Jones’ company Free Speech Systems, the parent company of Infowars, saying that a denial of the bankruptcy plan was, in his opinion, in the best interest of the creditors. But the judge approved a separate liquidation of Jones’ personal assets. Judge Chris Lopez…

By Seema Shah, Chief Global Strategist The Federal Open Market Committee (FOMC) kept the benchmark policy rate at 5.25%-5.50% at its June meeting for the seventh consecutive meeting. More significantly, the latest dot plot revealed that the FOMC’s median projection has removed two cuts from their 2024 rate projections. From…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Boeing and Airbus have included parts in their jets made with titanium whose certification documentation was counterfeit, the two companies acknowledged Friday. Both manufacturers said the planes in service containing the parts…

By Herbert Lash and Stefano Rebaudo NEW YORK (Reuters) -The dollar slid against major currencies on Tuesday, a day after it rose to its highest level in almost three months, as strong economic data and a hawkish stance on interest rates by Federal Reserve officials bolster the U.S. currency. Robust…

By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank held its key interest rate at 16% on Friday, opting to leave borrowing costs unchanged after five successive rate hikes since last summer, still grappling with stubborn inflation pressure. The central bank had raised rates by 850…

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