By Katanga Johnson WASHINGTON (Reuters) – Global equity markets slumped lower on Thursday while gold prices steadied and the dollar weakened as frightened investors digested disappointing updates from major central banks about the...
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U.S. job market faces reshuffling as workers quit at near record rates
By Jonnelle Marte and Aleksandra Michalska (Reuters) – Gina Marino quit two jobs last year. In the summer, she left a position at a small social media marketing agency for a bigger firm offering more money and greater...
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U.S. lawmakers blast agencies over 5G C-Band aviation spectrum ‘ridiculousness’
By David Shepardson WASHINGTON (Reuters) – U.S. lawmakers on Thursday blasted two federal agencies for failing to avoid an embarrassing last-minute standoff between the aviation and wireless industries over 5G C-Band deployment and...
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Boston Fed, MIT release technical research on central bank digital currencies
By Jonnelle Marte (Reuters) – The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) unveiled on Thursday long-awaited technical research and open-source code that could be used as the groundwork for...
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U.S. oil busts through $90/bbl for first time since 2014
By David Gaffen NEW YORK (Reuters) -Oil prices surged in late-day trading Thursday, sending the U.S. crude benchmark through $90 a barrel for the first time since 2014 due to ongoing supply worries and as frigid weather cascades across...
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Facebook-owner Meta was popular stock for hedge funds before the slide
By Maiya Keidan TORONTO (Reuters) -Facebook owner Meta Platforms Inc was widely held by hedge funds, according to recent data, leaving a number of funds potentially exposed by the wipe-out in its shares. Shares of Meta on Thursday touched...
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