Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EU leaders have requested more time to reach a deal on appointing the bloc’s next slate of top officials, but after an initial negotiation on Monday evening Ursula von der Leyen was…

W.W. Grainger, Inc. (GWW) has announced its fourth-quarter earnings, revealing a year of record sales and earnings. The company reported over $16.5 billion in sales, marking an 8.6% increase on a daily basis. Adjusted earnings per share (EPS) rose over 23% to $36.67, and the company has set its sights…

BRASILIA (Reuters) – The Brazilian Air Force said on Tuesday it fired warning shots at a plane and forced it to land for violating a no-fly ban over the Yanomami Indigenous reservation where illegal gold miners have been returning despite federal efforts to keep them away. Two bursts of machine…

By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar climbed to its highest in almost three months against nine other major currencies on Monday as traders slashed bets the Federal Reserve would aggressively cut interest rates this year after new economic data further diminished those odds. U.S. services…

FRANKFURT (Reuters) – Europe’s sluggish productivity growth may slow the fall in inflation to the European Central Bank’s 2% target, ECB policymaker Isabel Schnabel said on Friday. Schnabel pointed to a number of factors behind the euro zone’s long-running economic underperformance versus the United States, including lower investment in technology,…

Medicare Advantage plans are popular. They’re estimated to have enrolled more than half of Medicare beneficiaries for the first time in 2024. But changes are underway. Those enrolled in Advantage plans or considering them need to pay careful attention when evaluating plans in this fall’s open enrollment season. There could…

Freddie Mac wants to offer second-lien mortgages to help homeowners locked into lower-interest-rate mortgages access their home equity. Freddie Mac’s proposal would allow homeowners to access their home equity while keeping their low interest rate on their current loan. It could potentially be a cost-effective alternative to cash-out refinances at…

A new report from the nonpartisan Committee for a Responsible Federal Budget (CRFB) finds that President Biden’s latest student debt handout plan combined with previously announced policies will cost between $870 billion and $1.4 trillion if implemented. “That’s more than all federal spending on higher education over the nation’s entire…

Americans are drowning in credit card debt.  New data published by the Federal Reserve Bank of Philadelphia shows that a growing number of Americans are struggling to make their monthly credit card payments as they continue to battle high inflation and interest rates.All stages of credit card delinquency — 30,…

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