Business

Fed’s Perli reiterates flexible path of reserve management buying

Thursday, July 9 by SRN News

By Michael S. Derby NEW YORK, July 9 (Reuters) - The official responsible for implementing monetary policy at the New York Federal Reserve reiterated on Thursday that Treasury bill-buying aimed at managing market liquidity levels can go up or down as needed. So-called reserve management purchases,... Read More.

Airbus workers in Spain strike over working conditions

Thursday, July 9 by SRN News

By Emma Pinedo and Charlie Devereux MADRID, July 9 (Reuters) - Employees of aircraft maker Airbus have gone on strike across most of Spain until the end of July over what unions describe as deteriorating working conditions. Workers are protesting over issues including sub-inflation pay rises,... Read More.

US EPA proposes easing Biden heavy-truck emissions rules

Thursday, July 9 by SRN News

WASHINGTON, July 9 (Reuters) - The U.S. Environmental Protection Agency on Thursday proposed easing heavy-truck and engine emissions rules adopted under Democratic President Joe Biden in 2023. The EPA said it was proposing scaling back emissions warranty requirements and providing additional lead time before longer... Read More.

Fed’s Logan says Fed open market operations would benefit from voluntary central clearing

Thursday, July 9 by SRN News

By Michael S. Derby NEW YORK, July 9 (Reuters) - Federal Reserve Bank of Dallas President Lorie Logan said on Thursday a shift to central clearing in central bank monetary policy operations would likely be a benefit to the financial system. The interest-rate setting Federal Open... Read More.

iHeart agrees to resolve US probe into airplay practices

Thursday, July 9 by SRN News

WASHINGTON, July 9 (Reuters) - IHeartMedia resolved a Federal Communications Commission probe into allegations its radio stations pressured artists to perform at station-hosted music shows or festivals in exchange for more favorable airtime for their songs, the agency said Thursday. The FCC... Read More.

Coinbase restores prediction markets trading after technical issue

Thursday, July 9 by SRN News

July 9 (Reuters) - Coinbase has restored prediction markets trading on its platform after users were unable to place trades, the company said in a status message on Thursday. The firm told Reuters that service has now resumed, without elaborating on what caused the issue. An... Read More.

AI selloff drives quant funds’ worst performance since August

Thursday, July 9 by SRN News

By Nell Mackenzie and Amanda Cooper LONDON, July 9 (Reuters) - Some hedge fund managers have in recent weeks posted their worst trading results in almost a year, as many got caught in crowded trades amid highly volatile markets, according to Goldman Sachs. Goldman said in... Read More.

Meta debuts Muse Spark 1.1 with preview open to developers

Thursday, July 9 by SRN News

July 9 (Reuters) - Meta Platforms on Thursday released long-awaited developer access to its Muse Spark AI model alongside an upgraded version, pitting it directly against the business models of Anthropic and OpenAI in charging for use of its AI. The social media giant touted... Read More.

US existing home sales unexpectedly fall in June

Thursday, July 9 by SRN News

WASHINGTON, July 9 (Reuters) - U.S. existing home sales unexpectedly fell in June as house prices hit a record high and mortgage rates remained elevated, pushing potential buyers to the sidelines. Home sales dropped 2.4% last month to a seasonally adjusted annual rate of 4.09... Read More.

EU lawmakers back reinstating interim rules to allow Big Tech to tackle child pornography

Thursday, July 9 by SRN News

By Foo Yun Chee BRUSSELS, July 9 (Reuters) - EU lawmakers backed a proposal on Thursday to reinstate temporary rules to allow Google, Meta Platforms and other online platforms to detect and remove online child sexual abuse materials. However, they also voted to exempt end-to-end encrypted... Read More.

Current Weather

Fed’s Perli reiterates flexible path of reserve management buying

Airbus workers in Spain strike over working conditions

US EPA proposes easing Biden heavy-truck emissions rules

Fed’s Logan says Fed open market operations would benefit from voluntary central clearing

iHeart agrees to resolve US probe into airplay practices

Coinbase restores prediction markets trading after technical issue

AI selloff drives quant funds’ worst performance since August

Meta debuts Muse Spark 1.1 with preview open to developers

US existing home sales unexpectedly fall in June

EU lawmakers back reinstating interim rules to allow Big Tech to tackle child pornography

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