Fed may hike just once in 2015 as Yellen strikes less certain tone
SAN FRANCISCO/WASHINGTON (Reuters) – The question of how quickly the Federal Reserve should raise rates is dividing normally like-minded policymakers at the U.S. central bank, pitting those who favor two hikes this year against a growing number of thos…
U.S. current account widens on weak exports, overseas profits
WASHINGTON (Reuters) – The U.S. current account deficit widened in the first quarter to its highest level since 2012 likely due to the strong dollar’s drag on overseas profits and exports.
U.S. consumer prices post largest gain in more than two years
WASHINGTON (Reuters) – U.S. consumer prices in May recorded their largest increase in more than two years as
Exclusive: Greece has not asked Russian finance ministry for aid – deputy minister
ST PETERSBURG, Russia (Reuters) – Greece has not asked Russia’s finance ministry for financial assistance and its prime minister is visiting Russia to discuss joint projects, not to seek cash, Russian Deputy Finance Minister Sergei Storchak said on Thu…
Alibaba’s Ant Financial valued at $45 billion after new funding: source
BEIJING (Reuters) – China’s Ant Financial Services Group, e-commerce giant Alibaba Group Holding Ltd’s internet finance affiliate, closed a private placement valuing the unit at about $45 billion, a person familiar with the matter said Thursday.
Fed keeps lid on dollar, yields; Greece hurts stocks
LONDON (Reuters) – Bond yields and the dollar fell on Thursday after the Federal Reserve signalled that U.S. interest rates would rise more slowly than markets had expected, while Greece’s drift closer to default pushed European stocks lower.
Small U.S. frackers face extinction amid drilling drought
WEATHERFORD, Texas (Reuters) – Oil field work was coming in fast when GoFrac doubled its workforce and equipment fleet at the beginning of last year, just one of hundreds of small oil service companies thriving on the revival of U.S. drilling.
Tsipras says ‘blind insistence’ on pension cuts would worsen crisis
BERLIN (Reuters) – The “blind insistence” on cutting Greek pensions will only worsen the country’s already dire financial crisis, Greek Prime Minister Alexis Tsipras wrote in a German newspaper commentary on Thursday.
U.S. foreclosure activity up in May as bank repossessions rise
WASHINGTON (Reuters) – Bank repossessions rose again last month, driving overall U.S. foreclosure activity to a 19-month high on an annual basis, industry firm RealtyTrac said on Thursday.
Exclusive: U.S. regulators detail alleged Fiat Chrysler recall failings
WASHINGTON (Reuters) – U.S. auto safety regulators have “tentatively concluded” that Fiat Chrysler Automobiles NV did not adequately remedy safety defects in a timely manner, notify car owners of recalls or keep federal officials informed about ongoing issues, according to an official document seen by Reuters on Wednesday. 
