Today: September 28, 2024
Today: September 28, 2024

Latest From Reuters

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
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

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