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    Fed signals bond-buying taper coming 'soon,' rate hike shifts to 2022

    Finance · 7:05 PM UTC

    The Federal Reserve on Wednesday cleared the way to reduce its monthly bond purchases "soon" and signaled interest rate increases may follow more quickly than expected, with nine of 18 U.S. central bank policymakers projecting borrowing costs will need to rise in 2022.

    United States
    Special Report: Backers of Trump's false fraud claims seek to control next elections
    Europe
    After fence-mending Biden-Macron call, French envoy to return to U.S.
    Americas
    Some Haitians at U.S. border released, others deported as pressure builds on Biden
    Europe
    Ukraine left puzzled after assassination attempt on president's top aide
    Energy
    Explainer: Why record high British natgas prices caused a crisis over CO2 supplies
    Macro Matters
    Evergrande domestic debt deal calms immediate contagion concern
    Latest Stories
    A tribute to the star Reuters photojournalist

    Danish Siddiqui

    1983-2021

    Talking Points

    United States

    United States
    Republicans see opportunity in U.S. debt-ceiling standoff
    United States
    U.S. Senate showdown vote on debt limit could come next week
    United States
    'Proud Boy' Jan 6 riot defendant seeks release from pre-trial detention
    United States
    Virginia capital unveils monument marking end of slavery after removing Confederate statue

    Europe

    Europe · 3:22 PM UTC

    'All we can do is cry' - La Palma volcano leaves trail of devastation

    Lava flowed from an erupting volcano on the Spanish island of La Palma for a fourth day on Wednesday, forcing more people to evacuate their homes and blanketing towns in ash, while residents struggled to come to terms with the destruction.

    Europe
    'New normal': Kremlin says tough approach to Navalny allies here to stay
    Europe
    Polish court delays ruling on primacy of EU law
    Europe
    Czech far right sets 'Czexit' referendum law as price for post-vote talks
    Europe
    Germany seeks backing for Tedros at WHO helm as Africa quiet - diplomats

    Health

    Health
    Developing nations' plea to world's wealthy at U.N.: stop vaccine hoarding
    Health
    Explainer: Here's what we know about how U.S. will lift travel restrictions
    Health
    Brazil's Bolsonaro in COVID isolation after trip to U.N.
    Health
    U.S. parents weigh risks, benefits as COVID-19 vaccine for kids nears approval

    Energy

    Energy · 5:55 PM UTC

    Soaring gas prices ripple through heavy industry, supply chains

    Global record high natural gas prices are pushing some energy-intensive companies to curtail production in a trend that is adding to disruptions to global supply chains in some sectors such as food and could result in higher costs being passed on to their customers.

    Energy
    EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document
    Energy
    Exxon, Chevron not disclosing payments to some governments -transparency group
    Energy
    Britain tells its food industry to prepare for CO2 price shock
    Energy
    On the cusp of Europe's winter season, gas storage hits 10-yr low

    Asia Pacific

    Asia Pacific
    Sunni scholars who left Afghanistan hope Islam's tolerant message survives Taliban
    Asia Pacific
    Myanmar town near India border sees exodus as thousands flee fighting
    Asia Pacific
    Malaysia to seek China's view on Australia's nuclear sub pact
    Asia Pacific
    Melbourne police arrest 200 at COVID-19 lockdown protests

    Business

    Business
    Fed signals bond-buying taper coming 'soon,' rate hike shifts to 2022
    Business
    Investors watch U.S. companies' record profit margins as costs rise further
    Business
    Restaurant-software maker Toast valued at nearly $33 bln as shares surge in debut
    Business
    U.S. home sales fall, house price inflation cooling

    China

    China
    COVID-19 sends northern Chinese city into semi-shutdown
    China
    In climate pledge, Xi says China will not build new coal-fired power projects abroad
    China
    China's high-tech push seeks to reassert global factory dominance
    China
    Overseas Uyghurs struggle to locate relatives in Xinjiang prisons

    Americas

    Americas
    Some Haitians at U.S. border released, others deported as pressure builds on Biden
    Americas
    EXCLUSIVE JPMorgan faces oil bribery probe in Brazil
    Americas
    Police in Quebec seek man for punching nurse over wife's COVID-19 shot
    Americas
    EXCLUSIVE Mexico's Kavak says new funds make it second-most valuable LatAm startup

    Technology

    Technology
    Apple bars Epic's 'Fortnite' from App Store until all court appeals end
    Technology
    Facebook wraps up deals with Australian media firms, TV broadcaster SBS excluded
    Technology
    Robinhood to begin testing crypto wallets, with broader launch in early 2022
    Technology
    Facebook warns it is 'underreporting' iOS ad results amid Apple privacy changes

    Middle East

    Middle East
    Turkey's top Islamic cleric moves centre stage, irking secularists
    Middle East
    EU's top diplomat meets Iran's new foreign minister for first time
    Middle East
    Donors pledge additional $600 mln to avoid Yemen aid cuts
    Middle East
    Saudi king tells U.N. kingdom supports efforts to prevent nuclear Iran

    Environment

    Environment
    New WHO air-quality guidelines aim to cut deaths linked to fossil fuels
    Environment
    Where's Wally? Wandering celebrity walrus spotted in Iceland
    Environment
    Philanthropists pledge record $5 billion to protect nature
    Environment
    Candles save France's grand cru Chablis from frost ravages

    Sustainable Business

    Sustainable Business
    World's beautiful, Airbus says as air industry sets out green goals
    Sustainable Business
    EXCLUSIVE White House backs plan for renewable energy industry tax partnerships
    Sustainable Business
    EXCLUSIVE Biden administration mulls big cuts to biofuel mandates in win for oil industry -document
    Sustainable Business
    Kroger, Woolworths to expand reusable packaging trials to stores

    Sports

    Sports
    Pele sings for Santos as recovery continues
    Sports
    'Say cheese', Europeans court Packers fans at Ryder Cup
    Sports
    MLB roundup: Giants slip by Padres to keep NL West lead
    Sports
    Can you 'own' a goal? Collectible NFTs rolling into elite soccer

    Lifestyle

    Lifestyle
    Johnny Depp decries 'cancel culture' before receiving San Sebastian's top prize
    Lifestyle
    Where's Wally? Wandering celebrity walrus spotted in Iceland
    Lifestyle
    Fashion label Valentino makes $690 hoodie to support COVID-19 vaccine
    Lifestyle
    Matilda, Willy Wonka join Netflix catalog as it buys Roald Dahl's works

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