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© Reuters. An exterior view of the Oracle Field Office at Wilson Boulevard in Arlington, Virginia, U.S., October 18, 2019. REUTERS/Tom Brenner (Reuters) -Software firm Oracle (NYSE:) on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing…
By Leah Douglas (Reuters) – The U.S. Department of Agriculture will take steps to better verify antibiotic-free labels on meat and poultry products after receiving petitions challenging its existing process for not being rigorous enough, the agency announced Wednesday. Consumer, food safety and environmental groups have long warned that the…
By Guy Faulconbridge and Elena Fabrichnaya MOSCOW (Reuters) – The end of the dominance of the U.S. dollar is nigh as the rises and the rest of the world sees the peril of the West’s failed attempt to bring Russia to its knees over Ukraine, one of Moscow’s most powerful…
By Angus Berwick and Tom Wilson LONDON (Reuters) – The U.S. affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees’ social…
TL;DR New figures released this week showed inflation at its lowest level in two years, with the headline annual rate coming in at 4% The Fed paused their cycle of rate hikes, but suggested that more were to come, calling it a ‘skip’ rather than an outright change in trend…
Sixteen new stocks made the Most Attractive list this month, while fifteen new stocks joined the Most Dangerous list. May Performance Recap The Most Attractive Stocks (-0.1%) underperformed the S&P 500 (+2.2%) last month by 2.3%. The best performing large cap stock gained 13% and the best performing small cap…
The Federal Reserve is exploring ways to move more swiftly when regulators identify issues at banks in the wake of a crisis that roiled the banking sector this spring. Federal Reserve Vice Chair for Supervision Michael Barr said Tuesday in a panel discussion at the New York Fed that the…
As growth stalls for the U.S. and China, Blinken talked up economic ties in high-stakes Beijing trip
BEIJING — Secretary of State Antony Blinken underscored the importance of the economic aspects of the bilateral U.S.-China relationship during his high-stakes trip to Beijing earlier this week.In a press conference Monday that wrapped up his visit, Blinken noted record high trade between the two countries, and said the U.S.…
As New Jersey Gov. Chris Christie prepared to run for president earlier this year, he canvassed some of Wall Street’s wealthiest donors about whether they would finance a $100 million effort to take on former President Donald Trump, according to a person who heard directly from the GOP candidate.Since those…
If inflation falls to 2% by the end of this year, that means the cost of everything will no longer be going up, right? Wrong. But that’s what the majority of UK residents think, according to a new survey from polling group Survation. What’s more, almost a third of those…