Wall St ends down as Powell plops 50 bps rate hike on table

Wall Street's ended lower on Thursday, with the Nasdaq dropping more than 2%, as investors reacted to Federal Reserve officials including Chair Jerome Powell offering further signposting of aggressive interest rate hikes this year.

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21-04-2022

Florida set to strip Disney of self-governing status in dispute over LGBTQ law

(Reuters) -Florida lawmakers gave legislative approval on Thursday to a bill stripping Walt Disney Co of its designation as a self-governing entity in an apparent response to its opposition to a new state law limiting discussion of LGBTQ issues in schools.

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21-04-2022

White House adviser Singh suggests U.S. could lower tariffs on Chinese goods

WASHINGTON (Reuters) -A White House adviser on Thursday suggested the United States could lower tariffs imposed on a host of non-strategic Chinese goods such as bicycles or apparel to help combat inflation.

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21-04-2022

U.S. dollar climbs from one-week low as Fed's Powell backs hefty rate hike

The U.S. dollar rose from a one-week low on Thursday after Federal Reserve Chair Jerome Powell all but confirmed a half a percentage-point tightening at the policy meeting next month, including consecutive rate increases this year.

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21-04-2022

Wall St drops as Powell rate views support aggressive hike path

Wall Street's three main indexes closed lower on Thursday, giving up earlier gains as Federal Reserve officials including Chair Jerome Powell offered further signposting of aggressive interest rate hikes this year.

newspaper

21-04-2022

China committed to joining Zambia creditor committee -IMF's Georgieva

China has committed to joining Zambia's creditor committee, International Monetary Fund managing director Kristalina Georgieva said on Thursday, amid complaints from Zambia's finance minister about delays to its debt restructuring.

newspaper

21-04-2022

Canada open to more measures to curb housing speculation, minister says

Canada's ruling Liberals are eyeing more measures to curb housing speculation after introducing a foreign buyer ban and heftier taxes on property flippers in their budget earlier this month, the housing minister said on Thursday.

newspaper

21-04-2022

Florida Republicans pass congressional map after sit-in protest by Black lawmakers

Republicans in Florida's House on Thursday approved a new congressional map backed by Governor Ron DeSantis that gives the party a major advantage in November's elections while eliminating two majority-Black districts.

newspaper

21-04-2022

Disney set to lose Florida special tax status after LGBTQ law dispute

(Reuters) -Florida legislators passed a bill on Thursday that would revoke Walt Disney Co's special tax status in a move widely seen as tit-for-tat for the company's opposition to a new state law limiting discussion of LGBTQ issues in schools.

newspaper

21-04-2022