Today: September 29, 2024
Today: September 29, 2024

Latest From Reuters

Economy

Powell to update views on policy as inflation remains sticky

Federal Reserve Chair Jerome Powell on Friday will update his views on U.S. inflation and the economy following the release of data showing price increases running faster than

Powell to update views on policy as inflation remains sticky
Economy

Take Five: A shiny new quarter

A tumultuous first quarter is coming to an end and the "buy everything" party is in full swing across markets, but the coming week has a few reality checks that even the most avid

Take Five: A shiny new quarter
Economy

Morning Bid: Unrushed Fed sees out buoyant Q1, dollar revs up

A look at the day ahead in U.S. and global markets from Mike Dolan With Wall St set for its final trading day of a bumper first quarter, the Federal Reserve seems in "no rush" to lower interest rates

Morning Bid: Unrushed Fed sees out buoyant Q1, dollar revs up
Economy

Oil prices fall for a second day as US crude inventories increase

Oil prices fell for a second day on Wednesday after a report that crude stockpiles in the U.S., the world's biggest oil user, surged and on signs major producers are unlikely to

Oil prices fall for a second day as US crude inventories increase
Economy

Greek cenbanker says consensus building in ECB for a June rate cut

European Central Bank policymaker Yannis Stournaras said on Tuesday that consensus was building within the European Central Bank for a rate cut in June, if inflation develops as

Greek cenbanker says consensus building in ECB for a June rate cut
Economy

Morning Bid: March markets serene as Q1 peters out

A look at the day ahead in U.S. and global markets from Mike Dolan Investors appear happy to sit on punchy first quarter stock gains as March drifts to quiet finish, with the dollar back under wraps

Morning Bid: March markets serene as Q1 peters out
Economy

Oppenheimer most bullish in its year-end forecast for S&P 500

Oppenheimer Asset Management on Monday became the most bullish among global brokerages in its year-end target forecast for the benchmark S&P 500, citing resilient economic data and

Oppenheimer most bullish in its year-end forecast for S&P 500
Economy

Intel, AMD fall on report China blocks U.S. chips in state computers

Intel and Advanced Micro Devices fell more than 2% on Monday after a report that China would limit the use of their chips and servers in government computers, potentially threatening

Intel, AMD fall on report China blocks U.S. chips in state computers
Economy

Futures ease at start of holiday-shortened week

U.S. stock index futures edged lower at the start of a holiday-shortened week on Monday, as investors look ahead to speeches from Federal Reserve officials and a key inflation marker later

Futures ease at start of holiday-shortened week
Economy

Romanian state agency turns to AI to help farmers tap EU funds

A Romanian state agency for rural investments is using artificial intelligence to help farmers apply for European Union funds, it said on Monday, a first in one of the EU's least

Romanian state agency turns to AI to help farmers tap EU funds
Economy

Morning Bid: No holiday for US core inflation

A look at the day ahead in European and global markets from Wayne Cole.

Morning Bid: No holiday for US core inflation
Economy

Fed's Bostic scales back to single rate cut on the year, versus two previously

Atlanta Federal Reserve bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year versus two cuts that he had projected

Fed's Bostic scales back to single rate cut on the year, versus two previously
Economy

US equity funds draw biggest weekly inflow in nine months

U.S. equity funds witnessed robust demand in the seven days to March 20, buoyed by Wall Street's continued rally and expectations of Federal Reserve rate cuts later this year.

US equity funds draw biggest weekly inflow in nine months
Economy

Fed Chair Powell says pandemic has had lasting effects on economy

Federal Reserve Chair Jerome Powell on Friday opened a "Fed Listens" event on how Americans are experiencing the economy, saying the pandemic has had "lasting" effects and that to make

Fed Chair Powell says pandemic has had lasting effects on economy
Economy

Morning Bid: Dollar surges after central bank barrage, Apple bruised

A look at the day ahead in U.S. and global markets from Mike Dolan The U.S. dollar seems to have emerged a clear winner from the week's magical mystery tour of world central banks - with record high

Morning Bid: Dollar surges after central bank barrage, Apple bruised
Economy

Take Five: And so the cycle turns

Inflation signals from the United States, Australia and Japan should be in focus in the coming days following a deluge of central bank meetings that included a historic Bank of

Take Five: And so the cycle turns
Economy

US business activity stable in March; inflation picks up

U.S. business activity held steady in March, but prices increased across the board, suggesting that inflation could remain elevated after picking up at the start of the year.

US business activity stable in March; inflation picks up
Economy

Hong Kong central bank keeps key rate unchanged, tracking Fed move

The Hong Kong Monetary Authority (HKMA) left its base rate charged through the overnight discount window unchanged at 5.75% on Thursday, tracking a move by the U.S.

Hong Kong central bank keeps key rate unchanged, tracking Fed move
Economy

Morning Bid - G7 disinflation cheer as Fed decides

A look at the day ahead in U.S. and global markets from Mike Dolan However the Federal Reserve spins it later, there's some relief in other G7 economies at least that the disinflation process hasn't

Morning Bid - G7 disinflation cheer as Fed decides
Economy

US single-family housing starts soar in February

U.S. single-family homebuilding rebounded sharply in February amid mild temperatures and a persistent shortage of previously owned houses on the market.

US single-family housing starts soar in February
Economy

US appeals court revives Regeneron's antitrust lawsuit against Novartis

A U.S. appeals court on Monday revived an antitrust lawsuit by Regeneron Pharmaceuticals against Novartis related to prescription treatments to address a condition that can lead

US appeals court revives Regeneron's antitrust lawsuit against Novartis
Economy

U.S. Steel posts weak Q1 profit forecast on lower demand in tubular segment

U.S.

U.S. Steel posts weak Q1 profit forecast on lower demand in tubular segment
Economy

US equity funds attract inflows for third week in a row

U.S. equity funds drew inflows for a third consecutive week in the seven days to March 13, with investors optimistic about a rally on Wall Street and clinging to hopes of rate cuts this

US equity funds attract inflows for third week in a row
Economy

Trump auto tariffs could drive euro to parity, Barclays says

The euro could be driven back down to parity against the dollar if Donald Trump wins U.S.

Trump auto tariffs could drive euro to parity, Barclays says
Economy

US import prices rise moderately in February

U.S. import prices increased marginally in February as a surge in the cost of petroleum products was partially offset by modest gains elsewhere, which bodes well for the

US import prices rise moderately in February

Follow