Fed reverse repo facility hits record $2.554 trillion - Reuters

Fed reverse repo facility hits record $2.554 trillion – Reuters

NEW YORK, Dec. 30 (Reuters) – A major facility the Federal Reserve is using to control short-term interest rates led to record inflows on Friday, the last trading day of…

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New Fed research highlights rising risk of US recession - Reuters

New Fed research highlights rising risk of US recession – Reuters

NEW YORK, Dec. 30 (Reuters) – Just over half of the 50 states in the US are showing signs of slowing economic activity, crossing a key threshold that often signals…

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Wall Street ends torrid year on sombre note – Reuters

Wall St sees first annual decline in four years US-listed shares of Shaw Communications jump Indexes Down: Dow 0.71%, S&P 0.80%, Nasdaq 0.89% Dec 30 (Reuters) – Wall Street was…

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World Conference on Artificial Intelligence in Shanghai

China’s Huawei sees ‘business as usual’ as impact of US sanctions eases – Reuters

SHANGHAI, Dec. 30 (Reuters) – Chinese tech giant Huawei Technologies Co Ltd (HWT.UL) estimated on Friday that sales for 2022 were flat, suggesting that the decline in sales due to…

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Travelers are dealing with weather cancellations at Dallas Love Field Airport

Southwest promises refunds as airline sees ‘certain’ financial fallout – Reuters

WASHINGTON, Dec. 29 (Reuters) – Southwest Airlines (LUV.N) promised to reimburse passengers for expenses such as hotels and car rentals, in addition to refunding tickets after it canceled thousands of…

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Futures rise faster than jobless claims data, Tesla jumps - Reuters

Futures rise faster than jobless claims data, Tesla jumps – Reuters

Futures Up: Dow 0.21%, S&P 0.45%, Nasdaq 0.74% Dec 29 (Reuters) – US stock index futures gained on Thursday ahead of labor market data that will provide clues to future…

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Exxon sues EU to block new windfall tax on oil companies – Reuters

Dec 29 (Reuters) – US oil company Exxon Mobil Corp (XOM.N) is suing the European Union in an attempt to force it to scrap the bloc’s new windfall tax on…

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Southwest Airlines is canceling more than 12,000 flights over the Christmas holiday weekend across the country and in Baltimore

Southwest flight a ‘system failure,’ US says – Reuters

WASHINGTON, Dec. 28 (Reuters) – US Secretary of Transportation Pete Buttigieg stepped up pressure on Southwest Airlines on Wednesday (LUV.N)saying that thousands more canceled flights indicated a system failure at…

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US stocks fall on recession fears, Nasdaq closes at new bear market low - Reuters

US stocks fall on recession fears, Nasdaq closes at new bear market low – Reuters

Tesla gains 3.3% in choppy trading Southwest Airlines drops 5.2% under government scrutiny Indexes down: Dow 1.1%, S&P 500 1.20%, Nasdaq 1.35% December 28 (Reuters) – Wall Street’s major indices…

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