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

Latest From Reuters

Economy

Marketmind: Reluctance to resume buying before U.S. jobs report

A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets The early 2024 shake out continued on Wall Street, after having spilled over

Marketmind: Reluctance to resume buying before U.S. jobs report
Economy

Explainer: Charting the Fed's economic data flow

Federal Reserve officials project the U.S. central bank will cut its benchmark overnight interest rate during 2024, but the timing and pace of the reductions in borrowing costs will depend

Explainer: Charting the Fed's economic data flow
Economy

US manufacturing sector eyes recovery in December - ISM

U.S. manufacturing contracted further in December, though the pace of decline slowed amid a modest rebound in production and improvement in factory employment.

US manufacturing sector eyes recovery in December - ISM
Economy

Homebuilder Smith Douglas seeks over $1 billion valuation in US IPO

Smith Douglas Homes is seeking a valuation of $1.08 billion in its U.S. initial public offering, the homebuilder said in a regulatory filing on Wednesday.

Homebuilder Smith Douglas seeks over $1 billion valuation in US IPO
Economy

Marketmind: Sobering start for 2024 markets

A look at the day ahead in U.S. and global markets from Mike Dolan A slight recalibration of interest rate cut hopes, background geopolitical jitters, a big week for U.S. labor stats and heavy new

Marketmind: Sobering start for 2024 markets
Economy

Take Five: A quiet start to 2024? No way

There's not much time to get over the New Year's partying: the most closely watched U.S. economic release and key euro area inflation data are on the calendar this week, suggesting

Take Five: A quiet start to 2024? No way
Economy

U.S. property reinsurance rates rise by up to 50% on Jan 1-broker says

U.S. property catastrophe reinsurance rates rose by as much as 50% on the key Jan. 1 renewal date, broker Gallagher Re said in a report on Tuesday, as reinsurers look to recoup

U.S. property reinsurance rates rise by up to 50% on Jan 1-broker says
Economy

Marketmind: S&P 500 record in view as 2024 begins in same vein

A look at the day ahead in U.S. and global markets by Samuel Indyk A rollercoaster 2023 that ended with an equity rally on hopes for rate cuts amid slowing inflation has extended into the first

Marketmind: S&P 500 record in view as 2024 begins in same vein
Economy

US equity funds see big inflows as rate cut bets rise

U.S. equity funds attracted massive inflows in the week up to Dec. 27, bolstered by expectations of early rate cuts by the Federal Reserve as data showed that inflation cooled further in

US equity funds see big inflows as rate cut bets rise
Economy

Global equity funds draw robust inflows on rate cut hopes

Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed U.S. inflation cooled further in November, cementing expectations that the Federal Reserve

Global equity funds draw robust inflows on rate cut hopes
Economy

Mortgage rates slide to lowest since May - Freddie Mac

The interest rate on the most common type of U.S. home loan fell for a ninth straight week this week to close out the year at their lowest level since May, according to data released

Mortgage rates slide to lowest since May - Freddie Mac
Economy

US banks' NIM to remain under pressure despite expected Fed rate cuts - S&P

U.S. banks whose net interest margins (NIM) have been compressed due to higher funding costs are unlikely to see relief before the end of 2024 even if the Federal Reserve cuts rates,

US banks' NIM to remain under pressure despite expected Fed rate cuts - S&P
Economy

Regional US Fed banks adopt records transparency policy

The 12 regional banks of the U.S.

Regional US Fed banks adopt records transparency policy
Economy

Paychex's quarterly revenue growth slows on weak client spending

Payroll services provider Paychex reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses and a slower pace of hiring, sending

Paychex's quarterly revenue growth slows on weak client spending
Economy

India's economic adviser calls for review of sovereign ratings methods

The Indian government's chief economic advisor called in a paper published on Thursday for reforms to the way credit ratings agencies assign sovereign ratings, saying their

India's economic adviser calls for review of sovereign ratings methods
Economy

Slower Nov inflation bolsters case for early Fed pivot

Annual U.S. inflation slowed further below 3% in November and underlying price pressures continued to abate, which could cement financial market expectations for an interest rate

Slower Nov inflation bolsters case for early Fed pivot
Economy

US durable goods orders surge in November on aircraft

Orders for long-lasting U.S. manufactured goods surged in November, boosted by aircraft bookings, but business spending on equipment appeared lackluster amid higher borrowing

US durable goods orders surge in November on aircraft
Economy

Marketmind: An epic Santa rally

A look at the day ahead in U.S. and global markets by Amanda Cooper.

Marketmind: An epic Santa rally
Economy

US new home sales fall to one-year low in November

Sales of new U.S. single-family homes dropped to a one-year low in November, but the unexpected decline is probably temporary amid a chronic shortage of previously owned homes,

US new home sales fall to one-year low in November
Economy

Marketmind: Is that it for Christmas cheer?

A look at the day ahead in U.S. and global markets by Alun John.

Marketmind: Is that it for Christmas cheer?
Economy

US DOJ, consumer bureau sue Texas developer for predatory lending

Federal prosecutors and the top U.S. agency for consumer financial protection are suing a Texas real estate developer they accused of targeting thousands of Hispanic borrowers in a

US DOJ, consumer bureau sue Texas developer for predatory lending
Economy

Uber to raise minimum wage for drivers in France

Uber Technologies will raise the minimum wage it pays drivers in France as part of a wider agreement between ride-hailing companies and driver representatives in the country, the company

Uber to raise minimum wage for drivers in France
Economy

US existing home sales unexpectedly rise in November

U.S. existing home sales unexpectedly rose in November, but further gains as mortgage rates retreat from 23-year highs could be limited by a chronic shortage of houses on the

US existing home sales unexpectedly rise in November
Economy

Wall St opens lower as rate-cut rally fizzles; FedEx slides

Wall Street's main indexes opened lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve's likely pivot to a dovish policy, while FedEx

Wall St opens lower as rate-cut rally fizzles; FedEx slides
Economy

Fed hawks, doves, and centrists: Tracking US central bankers' views 

The labels "dove" and "hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market

Fed hawks, doves, and centrists: Tracking US central bankers' views 

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