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

Latest From Reuters

Economy

Take Five: Two years of war and an AI bull

It's been two years since Russia invaded Ukraine, bringing war to Europe for the first time in decades, while the markets' AI bull's seemingly unstoppable run continues, and China returns

Take Five: Two years of war and an AI bull
Economy

Fed's Bostic: Good liquidity means Fed balance sheet cuts can continue

Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday he sees no reason right now to stop the central bank's ongoing drawdown of liquidity from the market.

Fed's Bostic: Good liquidity means Fed balance sheet cuts can continue
Economy

Fairfax Financial profit falls on higher catastrophe losses

Fairfax Financial Holdings on Thursday posted a fall in fourth-quarter profit, as the Canadian insurer battled higher losses tied to catastrophes.

Fairfax Financial profit falls on higher catastrophe losses
Economy

Fed Chair Powell to give Congress monetary policy update in early March

Federal Reserve Chair Jerome Powell will give the Senate banking committee its biannual monetary policy update on March 7, a spokeswoman for the committee said. 

Fed Chair Powell to give Congress monetary policy update in early March
Economy

US business inventories rebound in December

U.S. business inventories rebounded in December, driven by rising stocks at retailers and wholesalers.

US business inventories rebound in December
Economy

Frigid weather depresses US manufacturing output in January

Production at U.S. factories unexpectedly fell in January, weighed down by harsh winter weather.

Frigid weather depresses US manufacturing output in January
Economy

US import prices post largest gain in nearly two years in January

U.S. import prices increased by the most in nearly two years in January amid rising costs for petroleum and other goods, a trend that if sustained, would be bad news in the

US import prices post largest gain in nearly two years in January
Economy

US retail sales fall sharply in January; weekly jobless claims decline

U.S. retail sales fell more than expected in January, pulled down by declines in receipts at auto dealerships and gasoline service stations.

US retail sales fall sharply in January; weekly jobless claims decline
Economy

White House's Brainard says U.S. recovery strong, eyes longer-term growth

The U.S. economy has exceeded expectations to achieve a strong, broad-based recovery, and current improvements in business dynamism, workforce engagement and investment could

White House's Brainard says U.S. recovery strong, eyes longer-term growth
Economy

Yellen says US inflation trend is down, 'mistake' to focus on minor fluctuations

U.S.

Yellen says US inflation trend is down, 'mistake' to focus on minor fluctuations
Economy

Marketmind: 'No Landing' scenarios swirl as markets recoil

A look at the day ahead in U.S. and global markets from Mike Dolan If the U.S. economy is still so strong that robust demand won't allow inflation to return to the Federal Reserve's 2% target, there's

Marketmind: 'No Landing' scenarios swirl as markets recoil
Economy

Yellen says CPI data shows progress in US fight against inflation

U.S.

Yellen says CPI data shows progress in US fight against inflation
Economy

Traders bet Fed won't cut rates until June as inflation fails to cool 

Federal Reserve policymakers will probably wait until June before cutting interest rates, traders bet on Tuesday, after a government report showed consumer inflation ran higher than

Traders bet Fed won't cut rates until June as inflation fails to cool 
Economy

EU says several Apple, Microsoft platforms don't qualify as gatekeepers

The EU Commission on Tuesday said several service platforms provided by Apple and Microsoft should not be designated as 'gatekeepers', which would make them subject to onerous obligations

EU says several Apple, Microsoft platforms don't qualify as gatekeepers
Economy

Futures ease on caution ahead of inflation data

U.S. stock index futures slipped on Tuesday with investors stepping to the sidelines ahead of an inflation print that could threaten to halt recent investor enthusiasm and offer clues on

Futures ease on caution ahead of inflation data
Business|Economy

US energy sector deals accelerate in quest for reserves

The consolidation wave in the U.S. energy sector that triggered $250 billion worth of deals in 2023 has stretched into this year, as companies look for opportunities to deploy their cash

US energy sector deals accelerate in quest for reserves
Economy

Marketmind: 5,000 reasons for optimism

A look at the day ahead in U.S. and global markets by Amanda Cooper. The S&P 500 has finally broken the magic 5,000-level and just as the fourth-quarter results season winds down.

Marketmind: 5,000 reasons for optimism
Economy

Macron names former Engie chief as envoy for future Asia-EU corridor

French President Emmanuel Macron named the former head of gas utility Engie as its special envoy to a multinational rail and ports project linking the Middle East and South Asia

Macron names former Engie chief as envoy for future Asia-EU corridor
Economy

IMF's Georgieva "very confident" on soft landing, sees rate cuts coming

The International Monetary Fund is now "very confident" the world economy will see a soft landing, its Managing Director Kristalina Georgieva said on Monday, adding that interest

IMF's Georgieva "very confident" on soft landing, sees rate cuts coming
Economy

Israel Finance Minister says Moody's downgrade unreasonable, politicised

Israeli Finance Minister Bezalel Smotrich on Saturday brushed off a Moody's downgrading of Israel's credit rating, saying the decision linked to the Gaza war was not based on

Israel Finance Minister says Moody's downgrade unreasonable, politicised
Business|Economy

Layoffs pile up in US, Canada as companies uncertain of economy

U.S. and Canadian companies have continued to cut jobs in 2024 after letting go thousands last year, as they remain uncertain about the economic conditions.

Layoffs pile up in US, Canada as companies uncertain of economy
Economy

US December consumer prices revised lower

U.S. monthly consumer prices rose less than initially estimated in December, revised government data showed on Friday.

US December consumer prices revised lower
Economy

Futures edge higher ahead of revised 2023 inflation data

U.S. stock index futures edged higher on Friday, a day after the benchmark S&P 500 breached the 5,000-mark for the first time, while investors looked ahead to inflation data for hints on

Futures edge higher ahead of revised 2023 inflation data
Economy

Take Five: Rain check on those rate-cut bets?

As China's troubled markets take time out for the Lunar New Year holiday, U.S. inflation numbers, key UK data, Russia's central bank meeting and an election in the world's third-

Take Five: Rain check on those rate-cut bets?
Economy

Fed's Collins says her baseline expectation is 75 bps of rate cuts this year

Boston Federal Reserve Bank President Susan Collins on Thursday said she believes the U.S. central bank will likely cut interest rates by three-quarters of a percentage point this year,

Fed's Collins says her baseline expectation is 75 bps of rate cuts this year

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