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A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017.

Wells Fargo bond saleswoman sues over 'unapologetically sexist' workplace

By Jonathan Stempel (Reuters) - Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to men and tolerated an "unapologetically sexist" workplace.
Updated 25 minutes ago |2 min read

ECB's Lagarde says inflation more likely to ease but risks both ways
Updated 45 minutes ago |1 min read
European Central Bank (ECB) president Christine Lagarde speaks during a press conference following the Governing Council's monetary policy meeting, in Frankfurt, Germany April 11, 2024.

Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs
Updated 45 minutes ago |5 min read
Bottles of Pepsi are pictured at a grocery store in Pasadena, California, U.S., July 11, 2017.

Japan's finance minister gives fresh warning on excessive yen moves
Updated 1 hour ago |1 min read

C$ notches weekly gain as market works off oversold position
Updated 1 hour ago |2 min read

Analysis-Political heat prods Japan, South Korea to team up on weak currencies
Updated 1 hour ago |4 min read
The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, January 5, 2023.

Amazon advertising chief steps aside for new role

Greg Bensinger |Updated 4 minutes ago |1 min read

By Greg Bensinger (Reuters) - Amazon.com's advertising chief Colleen Aubrey, who has held that role for nearly three years, is moving to a new undisclosed position at the company. Spokeswoman Kristin Mariani said Aubrey's new position would be ...
A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10, 2018.

IMF says Latam, Caribbean economies resilient but more growth is needed

Rodrigo Campos |Updated 1 hour ago |2 min read

By Rodrigo Campos (Reuters) - Stronger macroeconomic policy is partly behind the resilience of economies across Latin America and the Caribbean, the International Monetary Fund said Friday in its regional review of the Western Hemisphere. The ...
A representation of cryptocurrency Tether is placed on a PC motherboard, in this illustration taken June 16, 2023.

Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says

Federico Maccioni |Updated 1 hour ago |2 min read

By Federico Maccioni DUBAI (Reuters) - Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters ...
The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters as Chairman Sheila Bair announces the bank and thrift industry earnings for the fourth quarter 2010, in Washington, February 23, 2011.REUTERS/Jason Reed/File Photo

US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports

Reuters |Updated 5 minutes ago |1 min read

(Reuters) - U.S. banking regulators are planning to revive a proposal that would require big banks to defer executive compensation and claw back more of their bonuses if losses pile up, the Wall Street Journal reported on Friday. Six agencies, ...
The Google logo is seen on the Google house at CES 2024, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. January 10, 2024.

Google scraps minimum wage, benefits rules for suppliers and staffing firms

Daniel Wiessner |Updated 2 hours ago |2 min read

By Daniel Wiessner (Reuters) - Alphabet Inc's Google on Friday said it will roll back requirements that U.S. suppliers and staffing firms pay their employees at least $15 an hour and provide health insurance and other benefits, a move that could ...
Rhee Chang-yong, Governor of the Bank of Korea, participates in a panel titled “How Should Central Banks Battle High Inflation?” at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 14, 2023.

Bank of Korea chief watching Middle East tensions for FX, growth outlook reviews

Cynthia Kim, Howard Schneider |Updated 2 hours ago |2 min read

By Howard Schneider and Cynthia Kim WASHINGTON (Reuters) - South Korea's central bank chief on Friday said odds for any further policy action to stabilize the slumping Korean won now depend on how events in the Middle East unfold as the bank is ...
A logo is seen at Siemens Energy's site on the day of German Chancellor OIaf Scholz's visit, during which he saw a gas turbine meant to be transported to the compressor station of the Nord Stream 1 gas pipeline in Russia, in Muelheim an der Ruhr, Germany, August 3, 2022.

Albemarle, Cummins receive tax credits under Biden's clean energy drive

Reuters |Updated 2 hours ago |2 min read

(Reuters) - Albemarle, Cummins and Siemens Energy are some companies that received tax credit under a section of the Inflation Reduction Act (IRA), according to details released on Friday by the U.S. Department of Energy (DOE). Thirty five ...
Pedestrians walk past the Bank of Japan building in Tokyo, Japan March 18, 2024.

IMF urges Bank of Japan to tread cautiously in raising interest rates

Leika Kihara |Updated 2 hours ago |3 min read

By Leika Kihara WASHINGTON (Reuters) - The Bank of Japan (BOJ) must tread cautiously in raising interest rates, as some indicators of inflation expectations remain short of its 2% target, the International Monetary Fund's Japan mission chief Nada ...
People walk outside the New York Stock Exchange in New York, U.S., December 29, 2023.

Short sellers recoup losses as rally in US stocks loses steam

Shristi Achar A |Updated 2 hours ago |2 min read

By Shristi Achar A (Reuters) - Short sellers have been raking it in over the last 30 days as receding bets of an early interest rate cut by the U.S. Federal Reserve triggered a selloff in the equity market. Traders have made a mark-to-market ...
A logo of Alstom is seen at the Alstom's plant in Semeac near Tarbes, France, February 15, 2019.

Alstom sells North American conventional signalling business for around $670 million

Reuters |Updated 2 hours ago |1 min read

(Reuters) - French train manufacturer Alstom has agreed to sell its North American conventional rail signalling business to German rail systems manufacturer Knorr-Bremse AG for around 630 million euros ($671 million), it said on Friday. The ...
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People walk around the New York Stock Exchange in New York, U.S., December 29, 2023.
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The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022.
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The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022.
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Hedge funds turn bearish in April, Goldman says
Updated 3 hours ago | 2 min read
U.S. Federal Reserve Chair Jerome Powell speaks at the 2024 Business, Government & Society Forum at the Stanford Graduate School of Business in Stanford, California, U.S., April 3, 2024.
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A man walks near a flag with the logo of the Paris 2024 Olympic and Paralympic Games in Paris, France, March 25, 2024.
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A sign is displayed on the Morgan Stanley building in New York U.S., July 16, 2018.
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