(Reuters) – U.S. Agriculture Secretary Tom Vilsack said on Friday that he will meet later this month with the agriculture ministers of Canada and Mexico. The meeting will likely take place in Colorado, Vilsack said at the Commodity Classic in Houston. The U.S. and Mexico are in the midst of a trade dispute over a …
US, Canada, Mexico agriculture ministers to meet this month, says USDA’s Vilsack Read More »
By Andrea Shalal SANTIAGO (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday lauded work by Chile’s central bank to boost gender diversity, but said women were still “woefully underrepresented” in senior management and in many economic sectors in the South American country. Yellen, a trailblazer in the field of economics, met with Chilean central …
Women still ‘woefully underrepresented’ in Chile business, economics -Yellen Read More »
By Michael S. Derby and Dan Burns (Reuters) -The Federal Reserve report released Friday flagged a range of what it deemed “notable” vulnerabilities in financial markets, while adding the stress that roiled the banking sector a year ago has faded considerably. The Fed also used the latest release of its periodic Monetary Policy Report to …
Fed policy report warns on possible financial sector risks Read More »
By Abigail Summerville and Ananya Mariam Rajesh (Reuters) -Investment firm MNC Capital has offered to buy sporting goods and outdoor products company Vista Outdoor for $2.9 billion including debt, it said on Friday, challenging Vista’s planned sale of its sporting goods business to a foreign buyer. MNC Capital said it submitted a proposal for $35 …
Vista Outdoor gets $2.9 billion takeover offer from investment firm MNC Capital Read More »
By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing slumped further in February, with a measure of factory employment falling to a seven-month low amid layoffs, but there were signs activity was on the cusp of rebounding. The survey from the Institute for Supply Management on Friday showed customer inventories declining for a third straight month, which …
US manufacturing contracts further, rays of light on the horizon Read More »
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said Thursday she favors taking more concrete steps to make sure banks are ready to use a central bank liquidity facility aimed at helping the financial institutions in times of stress. Speaking at an event at Columbia University, Mester, …
Fed’s Mester said banks’ Discount Window access needs tweaks Read More »
By Mike Dolan LONDON (Reuters) – A Donald Trump redux come November may come with an inflation reboot too. Even though Joe Biden’s approval rating as U.S. president has been partly dogged by a post-pandemic cost-of-living spike, the trade proposals of Trump – his presumed challenger in this year’s election – are seen by many …
Column-Trump tariff plans spur talk of inflation 2.0: Mike Dolan Read More »
(Reuters) – B. Riley said on Thursday it has launched a review of strategic alternatives for its appraisal and retail, wholesale and industrial solutions businesses, which could include a potential sale or other transaction. Shares in the U.S. brokerage firm plunged 20% in extended trading. The company has retained Moelis & Company LLC as an …
B. Riley launches strategic review for some of its services, shares slump Read More »
By Lucia Mutikani WASHINGTON (Reuters) – U.S. prices accelerated in January amid a surge in the costs of services like housing and finance, but the annual increase in inflation was the smallest in three years, keeping a mid-year interest rate cut from the Federal Reserve on the table. The report from the Commerce Department on …
Services drive US prices higher in January; inflation gradually cooling Read More »
By Emma Farge ABU DHABI (Reuters) – U.S. Trade Representative Katherine Tai said on Friday breakthroughs were still possible in overnight negotiations at the World Trade Organization, but “complex trade-offs” would be needed even for less difficult topics such as fishing. If some or all of the talks aimed at fixing global commerce rules do …
US trade chief: ‘Complex trade-offs’ needed at WTO talks Read More »
