Editor’s Pick

WASHINGTON (Reuters) – U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, more than they anticipated in June, as inflation approaches their…

(Reuters) -Amazon.com is raising the pay of its fulfillment and transportation staff in the United States by at least $1.50 an hour and handing out free Prime memberships as benefits,…

By Davide Barbuscia NEW YORK (Reuters) – A recent jump in a key U.S. overnight funding rate could be the result of a peculiarity in the way it is calculated,…

(This Sept. 9 story has been corrected to say that Dennis Buchheim is the CEO of ThinkMedium, not CTO, in paragraph 17) By Akash Sriram and Harshita Mary Varghese (Reuters)…

WASHINGTON (Reuters) – U.S. single-family homebuilding rebounded sharply in August, but a moderate increase in building permits suggested that the momentum was unlikely to be sustained against the backdrop of…

By Tom Sims FRANKFURT (Reuters) -Commerzbank is poised to put CFO Bettina Orlopp in charge of talks with UniCredit when the German bank’s supervisory board meets next week, two people…

NEW YORK (Reuters) – Broker-dealer First Horizon (NYSE:FHN) Advisors, Inc has agreed to pay a civil penalty of $325,000 in connection with its recommendations for certain products, the U.S. Securities…

Investing.com — The Federal Reserve will likely indicate on Wednesday that it plans to roll out “larger sized” interest rate reductions in the future, according to analysts at Citi. The Fed…

FRANKFURT (Reuters) – Any bank merger in Germany must create a competitive institution robust enough to support economic growth, Bundesbank chief Joachim Nagel said on Wednesday, just as UniCredit is…