Chizu Nomiyama

5 days ago | gurutrade.com | Michael S. Derby |Chizu Nomiyama

NEW YORK, May 9 (Reuters) - An official responsible for implementing Federal Reserve monetary policy said on Friday markets navigated last month’s heavy market stress well, as the central bank moves toward enhancing a key liquidity tool.

5 days ago | today.westlaw.com | Ted Hesson |Andrew Goudsward |Chizu Nomiyama |Leslie Adler

(Reuters) - The mayor of Newark, New Jersey, a Democrat who is running for governor, was arrested on Friday at a privately run federal immigration detention center while three U.S. lawmakers were on site for an unannounced inspection, officials said....

5 days ago | today.westlaw.com | Howard Goller |Chizu Nomiyama |Doina Chiacu |Will Dunham

WASHINGTON (Reuters) -Bookish and reclusive jurist David Souter, who joined the U.S. Supreme Court as a supposed conservative "stealth nominee" but instead emerged as a liberal justice who backed abortion rights and dissented in the 2000 ruling that...

6 days ago | gurutrade.com | Lucia Mutikani |Chizu Nomiyama |Andrea Ricci

Weekly jobless claims decrease 13,000 to 228,000 Continuing claims decline 29,000 to 1.879 million Productivity falls at a 0.8% rate in the first quarter Unit labor costs surge at a 5.7% pace, but trend slowing WASHINGTON, May 8 (Reuters) - The number of Americans filing new applications for unemployment benefits fell sharply last week as the spring break-related boost from the prior week faded, suggesting the labor market continued to chug along, though risks are mounting from tariffs....

6 days ago | gurutrade.com | Christoph Steitz |Chizu Nomiyama

FRANKFURT, May 8 (Reuters) - Power equipment maker Siemens Energy on Thursday said it expects a hit of less than 100 million euros ($113 million) to profits in the remainder of its fiscal year, quantifying for the first time the impact of broad U.S. import tariffs. "For the second half of the fiscal year 2025, a limited direct impact on Siemens Energy's profit of up to a high double-digit million euro amount, after mitigation measures, is currently expected," the company said.