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

Latest From Reuters

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
Economy

Bitcoin breaks $57,000 as big buyers circle

Cryptocurrency bitcoin hit a two-year high above $57,000 in Asia trade on Tuesday on signs of heavy institutional buying, while smaller rival ether topped $3,200 for the first

Bitcoin breaks $57,000 as big buyers circle
Economy

Fed's Schmid: No need to 'preemptively' cut rates

Kansas City Federal Reserve Bank President Jeffrey Schmid on Monday used a debut speech on policy to signal that he, like most of his central banking colleagues, is in no rush to cut

Fed's Schmid: No need to 'preemptively' cut rates
Economy

US new home sales miss expectations in January

Sales of new U.S. single-family homes rose less than expected in January, likely curbed by frigid weather, but demand for new construction remains underpinned by a persistent

US new home sales miss expectations in January
Economy

US business equipment borrowings up 6% in January, ELFA says

U.S. companies borrowed 6% more to finance equipment investments in January compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Friday.

US business equipment borrowings up 6% in January, ELFA says
Economy

Marketmind: Record world stocks leave bonds in gloom

A look at the day ahead in U.S. and global markets from Mike Dolan Global stocks captured by MSCI's all-country index surpassed 2022's peaks on Friday and soared to new records - leaving bonds unloved

Marketmind: Record world stocks leave bonds in gloom
Economy

Take Five: Inflation pain over?

Inflation data from the United States, Europe and Japan will frame the week with key PMI numbers due in China, and policymakers are gathering to debate how to restart the stuttering

Take Five: Inflation pain over?
Economy

US government debt trajectory to push long-term yields higher, says PIMCO

Bond investors are expected to pocket higher debt payouts for holding long-term U.S. government debt due to its wide fiscal deficits, U.S. bond giant PIMCO warned on Thursday.

US government debt trajectory to push long-term yields higher, says PIMCO
Economy

AbbVie eyes selling at least $13 billion of bonds to fund M&A, Bloomberg reports

AbbVie is looking to sell at least $13 billion of corporate bonds to help fund its acquisitions of ImmunoGen and Cerevel Therapeutics, Bloomberg News reported on Wednesday, citing people

AbbVie eyes selling at least $13 billion of bonds to fund M&A, Bloomberg reports
Economy

FTC, states could sue over Kroger-Albertsons $24.6 billion deal next week, Bloomberg reports

The United States Federal Trade Commission and a group of states could sue as soon as next week to block grocer Kroger's proposed $24.6 billion deal to buy smaller rival Albertsons,

FTC, states could sue over Kroger-Albertsons $24.6 billion deal next week, Bloomberg reports
Economy

Marketmind: Rates angst, China cut and credit card deal

A look at the day ahead in U.S. and global markets from Mike Dolan Wall St returns from its long weekend to a mix of interest rate cut doubts, retailer updates and the biggest U.S. corporate deal of

Marketmind: Rates angst, China cut and credit card deal
Economy

European shares open lower ahead of quarterly wages data

European shares opened lower on Tuesday as a potential boost in euro zone's wage settlements clouded over bets of an early interest rate cut, while China's decision to trim its mortgage

European shares open lower ahead of quarterly wages data
Economy

US producer prices rise more than expected in January

U.S. producer prices increased more than expected in January amid strong gains in the costs of services, which could amplify worries that inflation was picking up.

US producer prices rise more than expected in January

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