The Federal Reserve on Friday adopted an extensive set of restrictions on trading by policymakers and senior Fed staff. The move comes after an ethics scandal that embroiled policymakers and threatened to shake confidence in the central bank’s integrity. The Fed said the rules are meant “to ensure public confidence in the impartiality and integrity of the Committee’s work.” Under […]

OTTAWA (Reuters) -Police in the Canadian capital Ottawa on Wednesday started warning truck drivers blockading the downtown core that they should depart or face arrest, part of a promised crackdown to end a three-week-old protest over COVID restrictions. Later, Interim Police Chief Steve Bell vowed “to take back the entirety of the downtown core and every occupied space” in “coming […]

BofA Securities is one of the bigger names on Wall Street and is constantly releasing calls on dozens of stocks across its coverage universe. One reason that BofA has become such a respected name on the street is the accuracy and consistency of its reports. Here, 24/7 Wall Street is taking a look at a few analyst calls that BofA […]

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. London (CNN Business)Wall Street is convinced it’s discovered the future of Silicon Valley. But early bets on the “metaverse” are running into some […]

BEIJING (Reuters) – China’s factory-gate inflation cooled to its slowest pace in six months in January, official data showed on Wednesday, as government measures to control surging raw material costs weighed on producer prices.FILE PHOTO: Employees work on the production line of RiotPWR mobile gaming controllers for U.S. company T2M, at a factory in Dongguan, Guangdong province, China December 7, […]

The situation has become dicier every day, and while the invasion of Ukraine by the Russian Army has not started yet, some 130,000 troops are massed near the border. The Russian Foreign Minister did note that there may be a way forward with talks between the two countries, but the bottom line is Russia flexing its muscles in Eastern Europe […]

AstraZeneca PLC (AZN.L,AZN) Tuesday announced positive results from the PROpel Phase III trial of Lynparza (olaparib) plus abiraterone in 1st-line metastatic castration-resistant prostate cancer or mCRPC. The trial data showed that Lynparza plus abiraterone reduced risk of disease progression by 34%, compared to standard-of-care in 1st-line mCRPC. In the trial, Lynparza in combination with abiraterone demonstrated a statistically significant and […]