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

Latest From Reuters

Economy

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes

U.S. bond funds racked up large inflows in the seven days to March 6 as weaker manufacturing data and dovish comments from Federal Reserve officials raised expectations for interest rate

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes
Economy

Global equity funds draw inflows of $6.5 billion on rate cut hopes

Global equity funds attracted a net $6.5 billion in the seven days through March 6, driven by weak U.S. manufacturing data and Federal Reserve policymakers' remarks which fuelled

Global equity funds draw inflows of $6.5 billion on rate cut hopes
Economy

Morningstar DBRS downgrades NYCB by a notch on near-term earnings pressure

Morningstar DBRS downgraded the credit ratings of New York Community Bancorp to "BBB (low)" from "BBB", citing near-term pressure on earnings, the ratings agency said late on Thursday.

Morningstar DBRS downgrades NYCB by a notch on near-term earnings pressure
Economy

Take Five: Another bout of bitcoin fever

Bitcoin is back in the headlines, having roared to a new record high, just as many of the world's major central banks are starting to pave the way towards cutting interest rates, but only

Take Five: Another bout of bitcoin fever
Economy

China EV sales slow in January-February as competition intensifies

China's pure electric vehicle sales slowed in January-February from a year earlier, industry data showed on Friday, as competition intensified with market leader BYD heading a

China EV sales slow in January-February as competition intensifies
Economy

Yellen says US Congress inaction on Ukraine aid is "gift" to Putin, Iran

U.S.

Yellen says US Congress inaction on Ukraine aid is "gift" to Putin, Iran
Economy

UN data: Global patent filings drop nearly 2% as innovation falters

Patent filings slipped last year by nearly 2% in the first fall in 14 years amid economic uncertainty, the U.N. patent agency said on Thursday, in a move it described as "concerning

UN data: Global patent filings drop nearly 2% as innovation falters
Economy

NY Fed says supply chain pressures ticked up small amount in February

Supply chain pressures picked up modestly last month, the Federal Reserve Bank of New York said in a report Wednesday.

NY Fed says supply chain pressures ticked up small amount in February
Economy

US services sector cools in February - ISM survey shows

U.S. services industry growth slowed a bit in February amid a decline in employment, but a measure of new orders increased to a six-month high, pointing to underlying strength

US services sector cools in February - ISM survey shows
Economy

Futures ease ahead of economic data, megacap growth stocks slide

U.S. stock index futures dipped on Tuesday as investors awaited a slew of economic data and several key events this week, including appearances from Federal Reserve Chair Jerome Powell.

Futures ease ahead of economic data, megacap growth stocks slide
Economy

Blackrock sees India, Indonesia as promising for investment opportunities

U.S. investment firm BlackRock sees India and Indonesia as two Asia-Pacific countries offering a lot of investment opportunities, its head of research for the region said on

Blackrock sees India, Indonesia as promising for investment opportunities
Economy

NerdWallet says it did not file for bankruptcy, cites fraudulent filing

NerdWallet Inc said on Saturday that it did not file for bankruptcy, saying a fraudulent filing appeared on an electronic public access service for U.S. federal court documents.

NerdWallet says it did not file for bankruptcy, cites fraudulent filing
Economy

US, Canada, Mexico agriculture ministers to meet this month, says USDA's Vilsack

U.S. Agriculture Secretary Tom Vilsack said on Friday that he will meet later this month with the agriculture ministers of Canada and Mexico.

US, Canada, Mexico agriculture ministers to meet this month, says USDA's Vilsack
Economy

Fed's Barkin: I still see wage, inflation pressures

Price increase pressures still exist in the U.S. economy and it is too soon to predict when the Federal Reserve will be able to begin to cut its benchmark interest rate, Richmond Federal

Fed's Barkin: I still see wage, inflation pressures
Economy

Futures muted after rally on AI boost, inflation relief

U.S. stock index futures were subdued on Friday after a rally in the previous session, driven by enthusiasm about the potential for artificial intelligence and an inflation reading that

Futures muted after rally on AI boost, inflation relief
Economy

Take Five: Never a dull moment

U.S. jobs data, testimony by the Federal Reserve chief, a key date in the U.S. election calendar and President Joe Biden's State of the Union address all in one week.

Take Five: Never a dull moment
Economy

Kodak explores tapping pension fund's $1.2 billion surplus, Bloomberg reports

Eastman Kodak Co is contemplating a move to unlock gains created by its overfunded pension system, Bloomberg News reported on Thursday, citing people with knowledge of the matter.

Kodak explores tapping pension fund's $1.2 billion surplus, Bloomberg reports
Economy

Futures ease as caution prevails ahead of inflation data

U.S. stock index futures dipped on Thursday as investors refrained from making big bets ahead of key inflation data that could hold the key to the timing of interest rate cuts by the

Futures ease as caution prevails ahead of inflation data
Economy

US DOJ looking into Boeing's door plug blowout, Bloomberg reports

The U.S.

US DOJ looking into Boeing's door plug blowout, Bloomberg reports
Economy

US fourth-quarter economic growth revised slightly lower

The U.S. economy grew at a solid clip in the fourth quarter amid strong consumer spending, the government confirmed on Wednesday, but it appears to have lost some speed early in

US fourth-quarter economic growth revised slightly lower
Economy

China's Premier Li urges stronger economic, trade ties with US

China and the United States should strengthen economic and trade ties and Washington should avoid decoupling from China, Chinese Premier Li Qiang said on Wednesday, during a

China's Premier Li urges stronger economic, trade ties with US
Economy

Futures edge lower as US inflation data looms

U.S. stock index futures inched lower on Wednesday ahead of an inflation reading later in the week that would influence bets on when the Federal Reserve will start cutting interest rates.

Futures edge lower as US inflation data looms
Economy

American Airlines nears jet order tilted toward Airbus, Bloomberg reports

American Airlines is close to placing an order for about 100 narrowbody jets split between Airbus SE and Boeing, with the European planemaker likely to secure the larger part, Bloomberg

American Airlines nears jet order tilted toward Airbus, Bloomberg reports
Economy

Futures edge up ahead of economic data

U.S. stock index futures were rangebound on Tuesday as investors awaited a crucial inflation report and other economic data that would shape expectations for interest rate cuts from the

Futures edge up ahead of economic data
Economy

Taiwan Jan export orders beat expectations on AI demand, but outlook soft

Taiwan's export orders beat expectations in January amid robust demand for artificial intelligence applications, but the outlook remains soft as high interest rates in major Western

Taiwan Jan export orders beat expectations on AI demand, but outlook soft

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