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The chair of the Federal Communications Commission said Wednesday he supports Nexstar's proposed $3.54 billion acquisition of Tegna that would make the combined entity the largest U.S. regional TV station operator. Earlier this month, President Donald
Feb 18 (Reuters) - An effort launched by the Trump administration to improve home borrowing costs is not coming to much so far, meeting minutes from the Federal Reserve’s January 27-28 meeting, released on Wednesday, said. The minutes, describing a brief
Several Federal Reserve officials anticipate further interest rate cuts if inflation were to drop, while others see holding rates for \\
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month's meeting show. The “vast majority” of the 1
Pritzker on Wednesday laid out a revenue proposal that spends about 1.6% more than the current year and counts on rising individual income tax collections and a proposed new fee on social media tech companies to help cover increasing costs for items inclu
The White House is not pleased with a New York Fed report that says Americans bore most of the costs of President Donald Trump's tariffs.
The Trump administration is disputing a new paper from the New York Federal Reserve that asserts US consumers and businesses are bearing the bulk of the higher costs from tariffs imposed last year.
Gross domestic product is likely increasing at a healthy clip, but don't expect to see an AI-fueled explosion of economic growth in Friday's report on fourth-quarter GDP.
March WTI crude oil (CLH26 ) today is up +2.06 (+3.30%), and March RBOB gasoline (RBH26 ) is up +0.0438 (+2.29%). Crude oil and gasoline prices are sharply higher today on geopolitical risks. The likelihood of the Russian-Ukrainian war continuing will kee
Several central bankers at a policy meeting last month warned against giving any hint of a weaker commitment to pushing down price pressures.
Oil prices rose on Wednesday as traders evaluated negotiations between Ukraine and Russia over an end to the war, and between the US and Iran over a new nuclear deal.
The dollar index (DXY00 ) is up by +0.26%. The dollar is moving higher today and found support on better-than-expected US economic reports on Dec capital goods new orders, Dec housing starts and building permits, and Jan manufacturing production. Also, hi
Africa's biggest economies Nigeria and South Africa are driving the strongest growth in demand for stablecoins and are the most optimistic about their potential, a survey found, with many users also wanting them to become more widely accepted. Stablecoi
By Dave Sherwood VARADERO BEACH, Cuba, Feb 18 (Reuters) - Cuba's Varadero peninsula is a postcard of a tropical paradise: turquoise waters, powder-white sand and palm trees.
Throughout the holiday period investors “can reasonably expect a soft patch” for precious metals, analysts at BMO Capital Markets wrote in a note, opening a window for dip buying. Many banks, including BNP Paribas SA, Deutsche Bank AG and Goldman Sachs G