By Patricia Zengerle and Makini Brice WASHINGTON (Reuters) – U.S. lawmakers expressed shock and outrage at the death of Russian opposition leader Alexei Navalny on Friday, but the news looked unlikely to bridge deep divides over whether the United States should continue its military support for Ukraine. “There are some…

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…

(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…

The rapid economic growth rate seen in the last three months of 2023 reinforces the Federal Reserve’s cautious approach to easing monetary policy, some economists say. There will not be “willy-nilly rate cuts,” said Chris Low, chief economist at FHN Financial, in a note to clients Thursday. “The Fed will…

TOKYO (Reuters) -Japanese Finance Minister Shunichi Suzuki said there will likely come a time when the country’s interest rates will begin to rise and affect the economy through various channels, according to an interview with the newspaper published on Saturday. “The Bank of Japan holds jurisdiction over monetary policy. But…

Donald Trump’s major policy initiatives during his term as president were a massive tax cut and a governmentwide effort to cut regulations that he argued cost the U.S. economy trillions of dollars and “devastated entire industries.” Lax oversight of environmental, safety and labor standards, to name three categories, represented a…

By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields rose and the dollar edged up against the yen on Friday after data showed U.S. producer prices increased more than expected in January, adding to the view that any interest rate cuts by the Federal Reserve are not imminent. U.S. stocks…

The biggest question going into the Federal Reserve’s policy meeting next week is what sort of smoke signals Fed Chair Jerome Powell will send about the possibility of an interest rate cut at the central bank’s next meeting in March.Fed officials are not expected to make any changes to rates…

By Carolina Mandl, Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stocks fell on Friday with the Nasdaq showing the largest decline after a hotter-than-expected producer prices report eroded hopes for imminent interest rate cuts by the Federal Reserve. A Labor Department report showed producer prices increased more than expected in…

The numbers: American businesses created just 107,000 new jobs in January, paycheck company ADP said, in another sign that hiring has slowed since last fall. Economists polled by the Wall Street Journal had forecast a gain of 150,000. The ADP payroll estimate is not an accurate predictor of the government’s…