(Reuters) -Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy without political interference is "very important."
"It's very important ... that we maintain our independence with respect to monetary policy," Bowman said in a CNBC interview ahead of a day-long conference she is hosting at the Fed on bank regulation.
"But we also, as part of that independence, have an... (continue reading...)
(Reuters) -Credit bureau Equifax beat Street estimates for second-quarter profit on Tuesday, helped by a smaller-than-expected drop in inquiries for mortgage credit reports, and raised its annual revenue forecast marginally.
Mortgage inquiries buoyed Equifax's second-quarter results in an otherwise subdued mortgage market, with the 30-year mortgage rate — the interest rate for the most popular U.S. home loan — at lower levels than a year earlier when the... (continue reading...)
By Dan Peleschuk
(Reuters) -Ukraine's parliament voted on Tuesday to tighten restrictions on two key anti-corruption agencies, lawmakers said, rolling back the autonomy of institutions that have been at the centre of the government's reform programme.
Stamping out endemic graft is a central requirement for Kyiv to join the European Union, and independent investigators have in recent months embarrassed senior officials with allegations of... (continue reading...)
By David Brunnstrom
WASHINGTON (Reuters) -The Republican and Democratic heads of a U.S. congressional committee for strategic competition with China have written to Defense Secretary Pete Hegseth to stress their strong support for the AUKUS submarine project currently under Pentagon review.
Details of the AUKUS plan to provide Australia with nuclear-powered attack submarines from the early 2030s were unveiled in 2023 under former President... (continue reading...)
(Reuters) -Index provider MSCI reported a rise in second-quarter profit on Tuesday, as improved spending by clients drove up demand for its index products and analytics services.
WHY IT'S IMPORTANT
MSCI's results often reflect sentiment in the broader market, as clients use the company's stock indexes and other tools to help them evaluate their investments.
KEY QUOTE
"We saw more cash flows into equity ETFs tied to... (continue reading...)
More Reuters
View Older Stories-
Bessent says he will meet Chinese officials, discuss tariff deadline extension
-
Ireland to tap multinational tax windfall to hike infrastructure spending by 23%
-
Apple supplier Goertek to buy Luen Fung Commercial's units for $1.3 billion
-
Syrian committee reports 1,426 killed in March massacres of Alawites
-
UK man convicted of offering minister's information to Russian intelligence
-
All options on the table if Israel does not deliver on Gaza pledges, EU's Kallas says
-
Lockheed Martin second-quarter profit plummets on $1.6 billion charge
-
Mali court rejects appeal to release four Barrick employees, judge says
-
Brazil's Totvs agrees to buy StoneCo's Linx unit
-
Russian lawmakers back law punishing searches for 'extremist' content
-
Moldova's pro-Russian parties unite to seek September election win
-
India's Akasa Air sees Boeing deliveries picking up in coming years
-
Pultegroup beats quarterly revenue estimates as sales incentives hold up
-
Tesla's easy money from regulatory credits set to dry up amid weakening sales
-
Jeannette Jara is a coalition Communist who wants to be Chile's next president
-
RTX cuts 2025 profit forecast as tariff costs weigh
-
Coca-Cola tops estimates on steady soda demand, plans cane sugar-based products
-
Dollar's dive offsets tariff sting for some US bellwethers
-
Northrop Grumman lifts 2025 profit forecast on strong demand for weapons
-
Halliburton profit slumps on weak North America, Middle East drilling demand
-
D.R. Horton third-quarter results top estimates on incentives push
-
OpenAI, Oracle deepen AI data center push with 4.5 gigawatt Stargate expansion
-
UN Palestinian refugee staff and doctors fainting from hunger in Gaza, says UNRWA
-
Wall St futures fall on company earnings, tariff uncertainty
-
Morning Bid: Markets oddly serene
-
Trump tariffs take a $1 billion bite out of GM earnings; shares fall
-
Indian fintech firm Paytm swings to profit, expects further boost
-
Iran warns citizens of growing recruitment attempts by enemies, state media say
-
Russia says it is monitoring reported positioning of US nuclear weapons in UK
-
In the Market-How the ghost of ‘transitory’ inflation is haunting the rate debate
-
In the Market-How the ghost of ‘transitory’ inflation is haunting the rate debate
-
At 70, skyscraper Stalin 'gifted' to Warsaw still evokes strong feelings
-
Alphabet will seek to reassure investors as AI rivals step up competition
-
US to leave UN cultural agency UNESCO again, diplomats say
-
Exclusive-Trump's Golden Dome looks for alternatives to Musk's SpaceX
-
Humana to reduce about one-third of prior authorization requirements
-
Canadian boycott of US spirits hurts broader alcohol sales, trade group says
-
New York mayoral frontrunner Mamdani leaves business leaders divided on opposition strategy
-
Explainer-Why China's neighbours are worried about its new mega-dam project
-
US exchanges set to reap windfall as market volatility fuels trading rush
-
High imports, soft summer demand weigh on US gasoline
-
Despite risks, Texas Republicans launch Trump-backed effort to redraw congressional lines
-
Analysis-Trump's Wall Street Journal suit over Epstein story faces timing hurdle
-
Kremlin on Ukraine peace talks: Do not expect miracles
-
Sterling holds on to gains, investors mull rise in borrowing
-
Tourists and labourers seek respite as Greece and Balkans gripped by heatwave
-
Bank of England's Bailey defends bank rules after Reeves attack
-
HP owed over $940 million by Mike Lynch's estate, ex-business partner, UK court rules
-
One in four German startups could leave over lack of capital, poll finds
-
UK plans to ban public sector bodies from paying ransom to cyber criminals
