Real-time News

Reed Semiconductor announced the completion of a $100 million financing round.

The Federal Reserve accepted a total of $6.426 billion from eight counterparties in its fixed-rate reverse repurchase operations.

June 27th - According to Nick Timiraos, a well-known source close to the Federal Reserve, the selection process for the new president of the Atlanta Federal Reserve Bank has stalled. The initial shortlist of candidates failed to be finalized, forcing the bank to restart the selection process, which has already lasted seven months. On the surface, this appears to be just a procedural hiccup. However, at the same time, the Fed's independence is facing a serious test. The presidents of the Federal Reserve Banks are crucial to the Fed's independence: they participate in setting interest rates, and their appointment process is deliberately designed to avoid influence from Washington politics.

The US Centers for Disease Control and Prevention (CDC) states that the risk of Ebola spreading in the United States remains low.

The U.S. Centers for Disease Control and Prevention (CDC) has raised the Ebola outbreak response level in the Democratic Republic of Congo to the highest level, "Level 1".

The total number of natural gas drilling rigs in the United States for the week ending June 26 was 125, compared with 122 in the previous week.

According to US financial media Semafor, Qualcomm (QCOM.O) plans to launch a brand new mobile chip architecture.

IMF Chief Economist Guransha: The Fed’s move sends a strong signal, but central banks still need to provide some form of guidance on long-term interest rates.

Market news: Venezuela's Caton refinery has slowed oil shipments following the earthquake.

Canadian Foreign Minister: We currently have no plans to open embassies in Venezuela or Iran.

Ukrainian President Zelensky: We continue to rescue personnel from Russian prisons, and today, another 160 soldiers returned home.

A U.S. government report states that U.S. refining capacity will decline by 263,000 barrels per day by 2025.

Federal Reserve's Kashkari: Despite artificial intelligence, I remain optimistic about the labor market outlook.

Federal Reserve's Kashkari: In the short term, the development of artificial intelligence is clearly driving inflation.

Federal Reserve's Kashkari: Artificial intelligence has likely driven up market interest rates.

Both WTI and Brent crude oil prices rose by $0.60 in the short term, reaching $69.20 and $72.65 per barrel, respectively.