Fed's Mester says she wants to get policy rate a little above 4%

- The U.S. Federal Reserve should raise interest rates to above 4% in order to bring inflation back down to target, Cleveland Fed President Loretta Mester said on Thursday. "I would pencil in...

Mexican central bank seen pushing up key rate to record level: Reuters poll

MEXICO CITY - Mexico's central bank is expected to hike the benchmark interest rate to a new historic level of 8.5% next week, hoping to contain rising inflation while the economy shows...

BofA lowers 2023 forecast for Mexico economy, cites potential recession

MEXICO CITY - Bank of America (NYSE:BAC) has downgraded its 2023 growth forecast for Mexico's economy to 0% from 1% amid a potential U.S downturn, analysts said in a research note, predicting the...

Fed's Daly says 50-basis-point rate hike in September is 'reasonable'

-It would be 'reasonable' for the Federal Reserve to raise interest rates by 50 basis points next month, San Francisco Fed President Mary Daly said on Wednesday, even as she cautioned that...

India nixes privacy bill that alarmed big tech companies, works on new law

By Aditya Kalra and Aftab Ahmed NEW DELHI -India's government on Wednesday withdrew a data protection and privacy bill which was first proposed in 2019 and had alarmed big technology companies...

Factbox-What will Liz Truss do if she becomes UK prime minister?

LONDON - Foreign Secretary Liz Truss is leading the race to become Britain's next prime minister, with two opinion polls putting her well ahead of former finance minister Rishi Sunak. Below are...

Higher interest rates a 'bright spot' for Europe's banks

By Tom Sims, Jesús Aguado and Lawrence White FRANKFURT/MADRID/LONDON - European banks are hoping the boost to their businesses from higher interest rates will be long-lasting as they navigate the...

Location Data Is Next On The Data Deprecation Docket: How Marketers Can Stay Ahead

Rather than wait and see what happens with FTC enforcement or the federal privacy bill, here what marketers should do.

U.S. Senate panel approves update of children's online privacy bill

WASHINGTON - The U.S. Senate Commerce Committee voted Wednesday to approve a measure that would raise the age children are given special online privacy protections to 16 and bar targeted...

What the end of Roe might mean for the future of digital privacy rights

House Democrats participate in an abortion rights protest in front of the Capitol building. | Anna Moneymaker/Getty Images The Roe reversal showed the need for data privacy laws. Will that...

Congress might finally have a deal on data privacy

Lawmakers have pushed for a comprehensive federal law protecting user data. But it has never survived the chaos of a deeply divided Congress. On Tuesday, the Energy and Commerce Committee held its...

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