Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Robinhood says Munger criticism reflects ‘elitist” mindset
By John McCrank NEW YORK (Reuters) - Robinhood, a retail brokerage popular with young investors, shot back on Thursday against criticism of the current "meme" stock frenzy by investor Warren Buffett's...
Feb 25, 2021
Atlanta Fed’s Bostic says not worried about rise in bond yields with rates still comparatively low
WASHINGTON (Reuters) - Bond yields remain comparatively low despite a recent increase, and the Federal Reserve does not need to do anything to address the recent uptick, Atlanta Fed President Raphael ...
Feb 25, 2021
Canadian farmers reap record profits as crop prices soar
WINNIPEG, Manitoba (Reuters) - Canadian farmers reaped record profits last year and are on track to do the same this year, the federal agriculture ministry said on Thursday, as prices for its top crop...
Feb 25, 2021
U.S. driving fell to lowest level last year since 2001 – USDOT
WASHINGTON (Reuters) - U.S. drivers logged 13.2% fewer miles in 2020, as road use fell to its lowest level since 2001 while millions of Americans worked from home and avoided travel and tourism destin...
Feb 25, 2021
White House says it does not expect to issue budget proposal in February
WASHINGTON (Reuters) - Press Secretary Jen Psaki said on Thursday the White House does not expect to issue a budget proposal in February. The nomination of Neera Tanden, the White House's pick to lead...
Feb 25, 2021
Forced labor ‘crudest example’ of problems in global trade: USTR nominee Tai
WASHINGTON (Reuters) - Katherine Tai, President Joe Biden's nominee as the next U.S. Trade Representative, on Thursday called for a strategic rethink of global trade policies that had failed to parlay...
Feb 25, 2021
Saint-Gobain’s CEO to step down this summer
(Reuters) - Saint-Gobain's Chief Executive Pierre-Andr de Chalendar will step down this summer, the French construction materials group announced on Thursday as it reported record second-half results....
Feb 25, 2021
USTR nominee Tai says U.S. can help craft new trade rules in ‘grey areas’ to hold China accountable
WASHINGTON (Reuters) - Katherine Tai, President Joe Biden's nominee to be the next U.S. Trade Representative, said on Thursday that the United States can work with other countries to craft new trade r...
Feb 25, 2021
Bullard says “rosy outlook” no cause to begin discussing pullback of Fed support
WASHINGTON (Reuters) - The U.S.'s improving growth outlook and rising market bond yields are not pushing the Federal Reserve to consider paring back the bond purchases it is conducting each month to b...
Feb 25, 2021
Global money laundering watchdog keeps Pakistan on terrorism financing ‘grey list’
KARACHI, Pakistan (Reuters) - Global money laundering watchdog the Financial Action Task Force (FATF) on Thursday said it would keep Pakistan on its terrorism financing "grey list". In an online press...
Feb 25, 2021
