Dollar rally pauses ahead of US inflation test
By Rae Wee SINGAPORE (Reuters) – The dollar’s towering rally hit a speed bump on Wednesday as traders turned cautious ahead of a closely watched U.S. consumer inflation report due later in the day, making them hesitant to take on new
UK stagflation risk adds pressure on Reeves after market volatility
By Suban Abdulla LONDON (Reuters) – British inflation figures will be closely watched on Wednesday as a sharp jump in government borrowing costs, concerns about domestic and global price pressures and a weak economy put growing pressure on finance minister Rachel
SEC sues Elon Muskover Twitter stake disclosure
Investing.com– The Securities and Exchange Commission sued Tesla (NASDAQ:TSLA) CEO Elon Musk in federal court on Tuesday over alleged violations of securities law when taking a substantial stake in Twitter. The SEC claimed that Musk did not disclose a major purchase
US SEC sues Elon Musk over late disclosure of Twitter stake
(Reuters) -Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission for having failed to timely disclose purchasing more than 5% of Twitter’s common stock in March 2022. In a complaint filed in Washington, D.C., federal court, the