 | | | | The three major U.S. stock indexes rose 1% on Wednesday as investors mostly took in stride the latest signals from the Federal Reserve, including clearing the way for the central bank to reduce its monthly bond purchases soon. | | | | | | A gauge of global stock markets ended solidly higher and the U.S. dollar strengthened on Wednesday after the Federal Reserve cleared the way for the central bank to reduce its monthly bond purchases soon, while easing market jitters around property developer China Evergrande helped risk appetite. | | | | | | Facebook Inc's Mike Schroepfer said on Wednesday that he was stepping down as the company's chief technology officer. | | | | | | A U.S. labor complaint under the U.S.-Mexico-Canada trade pact over a General Motors plant union vote in Mexico has been successfully concluded, lifting the threat that U.S. tariffs could be imposed on the factory's pickup trucks, the U.S. Trade Representative's office said on Wednesday. | | | | | | New Delhi wants to block Chinese investors from buying shares in Indian insurance giant Life Insurance Corp (LIC) which is due to go public, four senior government officials and a banker told Reuters, underscoring tensions between the two nations. | | | | | | The Federal Reserve will release research "soon" examining the costs and benefits of a central bank digital currency, or CBDC, Fed Chair Jerome Powell said on Wednesday. | | | | | | U.S. stocks ended sharply higher on Wednesday as investors took in stride the latest signals from the Federal Reserve, including clearing the way for the central bank to reduce its monthly bond purchases soon. | | | | | | Britain warned its food producers on Wednesday to prepare for a 400% rise in carbon dioxide prices after extending emergency state support to avert a shortage of poultry and meat triggered by soaring costs of wholesale natural gas. | | | | | | The Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases "soon" and signaled interest rate increases may follow more quickly than expected, with nine of 18 U.S. central bank policymakers projecting borrowing costs will need to rise in 2022. | | | | | | Federal Reserve Chair Jerome Powell said on Wednesday that the Fed is closely monitoring efforts by Wells Fargo & Co to fix its "widespread and pervasive" problems, and that it would take appropriate actions if the bank failed to do so. | | | | | |
