Two former Federal Reserve officials were cleared Monday by the central bank’s internal watchdog of breaking any laws or rules in trading activity during the pandemic in 2020, but both were criticized for creating the appearance of conflict by their actions. In March 2020, the Fed rushed to support the…

© Reuters. Banco de Chile (BCH) has reported a successful financial performance for the fourth quarter and the full year of 2023, despite a challenging economic environment. The bank announced a net income of CLP 1.2 trillion ($1.7 billion) for the year, with a notable return on equity (ROE) of…

Investing.com — Oil prices fell Thursday, but traders had to contend with wild swings amid conflicting reports on the progress toward an extended Israel-Hamas ceasefire that may likely ease geopolitical tensions and concerns about a supply disruptions.   By 14:30 ET (19.30 GMT), the futures settled 2.5% lower at $73.98 a barrel…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar rose to three-month peaks on Tuesday, after data showed U.S. inflation rose more than expected in January, reinforcing expectations that the Federal Reserve will hold interest rates steady in March. The greenback also topped 150 yen for the first time since November…

(This Feb. 14 story has been corrected to change stock performance to ‘nearly 240%’ from 65%, in paragraph 2) By David Randall NEW YORK (Reuters) – Several well-known funds jumped into shares of chipmaker Nvidia (NASDAQ:) at the end of last year, securities filings showed on Wednesday, potentially setting themselves…

A cellular outage in the United States was reported by AT&T, T-Mobile, Verizon and other network users on Thursday, according to outage tracking website Downdetector.com.The number of reports of AT&T outages peaked at 31,931 at around 4:30 a.m. ET, according to data from Downdetector, which tracks outages by collating status…

Nvidia shares jumped more than 12% in premarket trade on Thursday after the chip giant posted bumper earnings that beat Wall Street estimates.The U.S. tech giant posted revenue of $22.10 billion for its fiscal fourth quarter, a rise of 265% year-on-year, while net income surged by 769%, as the company…

Japan’s benchmark Nikkei 225 surpassed its all-time peak on Thursday, led by a strong rally driven by chip stocks. The index advanced 2.2% to close at 39,098.68, topping its previous record close of 38,915.87 reached on December 29, 1989. Earlier in the session, it touched a fresh intra-day high of…

Last updated: February 22, 2024 03:23 EST | 2 min read Source: Midjourney Ethereum (ETH) co-founder Vitalik Buterin has once again voiced his concerns regarding overly complicated Layer 2 scaling solutions. Taking to social media on Wednesday, Buterin highlighted the potential risks associated with complex Layer 2 networks and urged for a…

Washington voters will decide the fate of the state’s path-breaking public long-term care insurance program in a referendum this Fall. If adopted, Initiative 2124 would make participation in the Washington Cares program voluntary, effectively killing it. The effort, largely bankrolled by hedge fund manager Brian Heywood and backed by prominent…