Today: September 27, 2024
Today: September 27, 2024

Latest From Reuters

Economy

US business activity stable in March; inflation picks up

U.S. business activity held steady in March, but prices increased across the board, suggesting that inflation could remain elevated after picking up at the start of the year.

US business activity stable in March; inflation picks up
Economy

Hong Kong central bank keeps key rate unchanged, tracking Fed move

The Hong Kong Monetary Authority (HKMA) left its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S.

Hong Kong central bank keeps key rate unchanged, tracking Fed move
Economy

Morning Bid - G7 disinflation cheer as Fed decides

A look at the day ahead in U.S. and global markets from Mike Dolan However the Federal Reserve spins it later, there's some relief in other G7 economies at least that the disinflation process hasn't

Morning Bid - G7 disinflation cheer as Fed decides
Economy

US single-family housing starts soar in February

U.S. single-family homebuilding rebounded sharply in February amid mild temperatures and a persistent shortage of previously owned houses on the market.

US single-family housing starts soar in February
Economy

US appeals court revives Regeneron's antitrust lawsuit against Novartis

A U.S. appeals court on Monday revived an antitrust lawsuit by Regeneron Pharmaceuticals against Novartis related to prescription treatments to address a condition that can lead

US appeals court revives Regeneron's antitrust lawsuit against Novartis
Economy

U.S. Steel posts weak Q1 profit forecast on lower demand in tubular segment

U.S.

U.S. Steel posts weak Q1 profit forecast on lower demand in tubular segment
Economy

US equity funds attract inflows for third week in a row

U.S. equity funds drew inflows for a third consecutive week in the seven days to March 13, with investors optimistic about a rally on Wall Street and clinging to hopes of rate cuts this

US equity funds attract inflows for third week in a row
Economy

Trump auto tariffs could drive euro to parity, Barclays says

The euro could be driven back down to parity against the dollar if Donald Trump wins U.S.

Trump auto tariffs could drive euro to parity, Barclays says
Economy

US import prices rise moderately in February

U.S. import prices increased marginally in February as a surge in the cost of petroleum products was partially offset by modest gains elsewhere, which bodes well for the

US import prices rise moderately in February
Economy

Take Five: New kid, old block

The week ahead is rammed with rate setting meetings by heavyweight central banks from the U.S. Fed to the Bank of England, from Switzerland and Norway to Mexico. 

Take Five: New kid, old block
Economy

Biden to say US Steel must remain domestically owned and operated, AP reports

U.S.

Biden to say US Steel must remain domestically owned and operated, AP reports
Economy

Traders stick to bets on June Fed rate cut after economic data

Stronger than expected producer prices and weaker-than-expected consumer spending reported Thursday did little to budge financial market bets on a June start to Federal Reserve interest-

Traders stick to bets on June Fed rate cut after economic data
Economy

US retail sales rebound in February; weekly jobless claims fall

U.S. retail sales rebounded in February, driven by increases at auto dealerships and gasoline service stations, but consumer spending is slowing as households grapple with

US retail sales rebound in February; weekly jobless claims fall
Economy

Morning Bid: Oil smudges inflation view, Tesla in slow lane

A look at the day ahead in U.S. and global markets from Mike Dolan Creeping oil prices are complicating the inflation picture again, with producer inputs and retail sales updates next on the U.S.

Morning Bid: Oil smudges inflation view, Tesla in slow lane
Economy

Oil rises on strong US fuel demand as supply concerns continue

Oil prices climbed in early trade on Thursday, supported by strong demand in the U.S. after gasoline stocks hit a three month low and crude stockpiles dropped unexpectedly, with supply

Oil rises on strong US fuel demand as supply concerns continue
Economy

IMF intends to pick next managing director by end-April, board says

The International Monetary Fund has begun the process of selecting its next managing director and intends to choose a candidate by the end of April, the global lender's

IMF intends to pick next managing director by end-April, board says
Economy

Morning Bid: Sidestepping CPI for AI, China wobbles anew

A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered

Morning Bid: Sidestepping CPI for AI, China wobbles anew
Economy

CME Group bids to enter US Treasuries clearing business, Financial Times reports

CME Group said it will apply this year to clear U.S.

CME Group bids to enter US Treasuries clearing business, Financial Times reports
Economy

US February budget deficit climbs on interest costs, tax refunds

The U.S. federal budget deficit grew in February with outlays surging as annual tax-filing season kicked into gear and interest costs on the national debt kept rising, the U.S.

US February budget deficit climbs on interest costs, tax refunds
Economy

Former Tallgrass board member, friends settle insider trading charges

A former Tallgrass Energy board member and his friends will pay $2.2 million to settle insider trading charges related to a Blackstone-led $3.03 billion buyout offer for the oil pipeline

Former Tallgrass board member, friends settle insider trading charges
Economy

Gasoline, shelter costs lift US consumer prices in February

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June

Gasoline, shelter costs lift US consumer prices in February
Economy

Morning Bid: Inflation thermometer tops market dashboard

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street seems to have lost direction in another shaky start to the week for some of its megacap stocks and now needs some

Morning Bid: Inflation thermometer tops market dashboard
Economy

JPMorgan's Dimon urges US Fed to wait past June before cutting rates

JPMorgan Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-

JPMorgan's Dimon urges US Fed to wait past June before cutting rates
Economy

Futures dip in run up to inflation data

U.S. stock index futures slipped on Monday, as investors awaited key inflation figures this week that could provide cues on the Federal Reserve's monetary policy path, after a mixed jobs

Futures dip in run up to inflation data
Economy

US providers could see credit impact from Change Healthcare hack, Moody's says

Ratings agency Moody's said on Friday that U.S. hospitals, physician facilities and other medical providers could see a credit impact resulting from disruptions from the hack at

US providers could see credit impact from Change Healthcare hack, Moody's says

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