By Tom Wilson -Holders of the digital tokens issued by World Liberty Financial, one of the crypto ventures of the family of Donald Trump, voted on Wednesday to make them tradeable, paving the way for their wide sale and purchase — potentially boosting the value of the president’s holdings of them. The World Liberty tokens, …
Trump’s World Liberty crypto tokens to become tradable Read More »
(Reuters) -Australia’s Qantas Airways said on Thursday it has obtained an interim injunction in the New South Wales (NSW) Supreme Court to prevent the stolen data from being accessed or published by anyone, including by any third parties. Earlier this month, a cyber hacker broke into a database containing the personal information of millions of …
Australia’s Qantas obtains court order to prevent third-party access to stolen data Read More »
By Stella Qiu SYDNEY (Reuters) -Australian employment rose only marginally in June as the jobless rate jumped to the highest since late 2021, showing perhaps the first crack in what had been an unusually resilient labour market and adding to the case for a rate cut next month. Investors sent the Australian dollar down 0.7% …
Australia’s jobless rate hits 3-1/2-year high, ramps up easing bets for August Read More »
(Reuters) -Walmart is restructuring certain store-support and training roles, according to an internal memo reviewed by Reuters, in the latest move to simplify its structure. Bloomberg, which first reported the news, said that hundreds of store-support roles would be affected. The U.S. retail bellwether is eliminating the market coordinator position, Walmart U.S. executive vice president …
Walmart restructuring some support and training roles, memo says Read More »
By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams said Wednesday that monetary policy is in the right place to allow central bankers to monitor the economy before taking their next steps, while warning that the impact of trade tariffs is only just starting to hit the economy. …
Fed’s Williams says tariff economic impact is only just starting Read More »
By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell, but he kept the door open to the possibility and renewed his criticism of the central bank chief for not lowering interest rates. A Bloomberg report earlier Wednesday saying that Trump was likely …
Trump says he’s not planning to fire Fed’s Powell Read More »
By Kanishka Singh WASHINGTON (Reuters) -U.S. President Donald Trump said he would love for Federal Reserve Chair Jerome Powell to resign but acknowledged that many have said it would disrupt the markets if the president were to remove him. Trump made the comments in an interview with the Real America’s Voice network aired on Wednesday. …
Trump says he would love for Fed Chair Powell to resign Read More »
By Sarah Morland MEXICO CITY (Reuters) -Walmart’s Mexico and Central America unit reported a 10% decrease in its second-quarter net profit on Wednesday, below analysts’ forecasts, citing a slower-than-anticipated recovery in consumer spending even as its sales rose 8%. Net profit was 11.23 billion pesos ($598 million) in the three months through June, below the …
Walmart Mexico’s profit dips 10% after tepid consumption growth Read More »
By David French (Reuters) -Wall Street benchmarks closed modestly higher on Wednesday, with the Nasdaq Composite achieving its latest record finish, despite a chaotic half hour when news reports suggested U.S. President Donald Trump was set to fire Federal Reserve Chair Jerome Powell. Shortly before midday, the benchmark S&P 500 and Nasdaq fell more than …
Wall Street ends up, after brief downward detour on Powell firing confusion Read More »
By Vallari Srivastava (Reuters) -Kinder Morgan posted a 24% rise in second-quarter profit on Wednesday, as higher volumes of natural gas were transported through its pipelines and demand for the company’s infrastructure rose. Pipeline operators such as Kinder Morgan are benefiting from an increase in demand for natgas, primarily driven by LNG exports as well …
Kinder Morgan quarterly profit jumps on strong natgas demand Read More »
