Author: IA PressRoom

© Reuters. FILE PHOTO: The Czech National Bank is seen in Prague, Czech Republic, April 26, 2023. REUTERS/David W Cerny PRAGUE (Reuters) – Raising the Czech National Bank’s interest rates further would still make sense as it could serve as a signal that the central bank has not given up on its efforts to tame inflation, board member Tomas Holub said on Sunday. The central bank has kept its main interest rate at 7.00% since last June when it delivered the last hike in a year-long tightening cycle. “The situation that rates have been unchanged for a long time makes…

© Reuters. FILE PHOTO: The Boeing 737 MAX aircraft is displayed at the Farnborough International Airshow, in Farnborough, Britain, July 20, 2022. REUTERS/Peter Cziborra/File Photo/File Photo (Reuters) – Boeing (NYSE:) Co is working on a deal to sell at least 150 737 Max jetliners to Saudi Arabian startup Riyadh Air, Bloomberg News reported on Sunday. The new carrier, wholly owned by Saudi Arabia’s Public Investment Fund (PIF), is looking for about 300 to 400 single-aisle jets in total, the report said, citing people familiar with the matter. Airbus SE (OTC:) could also claim a part of the order, the report…

As Shiba gains 3% within 24 hours, predictions for its price are being made. Many speculate whether the potential US debt ceiling deal will drive SHIB to reach $1. Let’s explore the factors influencing the price movement of Shiba Inu and the possible implications of the debt ceiling deal on its future value.US Debt Ceiling Deal The US Debt Ceiling Deal refers to an agreement reached by the United States Congress to raise or suspend the debt limit, which is the maximum amount of money the government can borrow to fund its operations. Congress sets the debt ceiling, and when the government reaches…

© Reuters. FILE PHOTO: An advertisement poster promoting China’s renminbi (RMB) or yuan , U.S. dollar and Euro exchange services is seen outside at foreign exchange store in Hong Kong, China August 13, 2015. REUTERS/Tyrone Siu/File Photo By Chuck Mikolajczak NEW YORK (Reuters) – The dollar strengthened for a fourth straight session on Thursday against a basket of major peers to touch a two-month high, as U.S. data pointed to a resilient economy even after an aggressive rate hike cycle by the Federal Reserve. Weekly initial jobless claims rose by 4,000 last week to 229,000, below the Reuters estimate of…

Wilmington, Delaware CNN  —  The White House and Republican leaders in Congress were mounting an intensive push Sunday to consolidate support around an tentative agreement to raise the nation’s borrowing limit, their urgent task made complicated by members of both parties voicing concerns over different provisions. The “agreement in principle” clinched by House Republicans and the White House late Saturday was the culmination of mad-dash negotiations over the course of the past week that regularly stretched late into the night. Final text of the agreement was hammered out overnight by both sides. But the marathon is far from over, and…

STAG Industrial goes ex dividend on Tuesday

The children of a woman who died in a Louisiana Arby’s earlier this month are suing for negligence. The lawsuit claims Nguyet Le died because a broken freezer latch caused her to be locked inside while alone in the restaurant. The suit also alleges multiple managers were aware the latch had been broken for at least nine months before Le’s death. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app The family of a woman who died earlier this month after she was locked in…

Stocks booked back-to-back losses on Monday, with the Dow adding to its 1,000-point skid Friday after Federal Reserve Chairman Jerome Powell vowed not to back down on fighting inflation until U.S. costs of living fall back to its 2% target range. The Dow Jones Industrial Average DJIA, +1.00% shed about 183 points, or 0.6%, to end near 32,099. The S&P 500 index SPX, +1.30% shed about 0.7%, while the Nasdaq Composite Index COMP, +2.19% saw the brunt of the day’s losses, ending down 1%, according to FactSet. The S&P 500 and Dow both briefly flipped positive earlier in Monday’s session,…

For the past few months, our new electric car has worked like a charm. One of the first BMW iX SUVs to hit the US market, it draws compliments from garage attendants and car buffs, and the rapid charger we installed in our garage easily powers it up for the daily commute.Then we tried to take it on the road. A charging station black hole across much of the Midwest made that route impossible. Then, along the allegedly well-served highways between Boston, New York and Washington, we repeatedly encountered unresponsive touch screens, non-linking connectors and very slow charging. At one…

© Reuters. FILE PHOTO: U.S. President Joe Biden hosts debt limit talks with U.S. House Speaker Kevin McCarthy (R-CA) in the Oval Office at the White House in Washington, U.S., May 22, 2023. REUTERS/Leah Millis By Steve Holland and Moira Warburton WASHINGTON (Reuters) – U.S. President Joe Biden and Republican House Speaker Kevin McCarthy on Saturday reached an agreement in principle to lift the debt ceiling that would trim some U.S. federal spending. While the bill is still being written, the general contours of the deal have been described by sources. Sometimes, Democrats and Republicans appear not to be on…