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

Latest From Reuters

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
Economy

Take Five: New kid, old block

The week ahead is rammed with rate setting meetings by heavyweight central banks from the U.S. Fed to the Bank of England, from Switzerland and Norway to Mexico. 

Take Five: New kid, old block
Economy

Biden to say US Steel must remain domestically owned and operated, AP reports

U.S.

Biden to say US Steel must remain domestically owned and operated, AP reports
Economy

Traders stick to bets on June Fed rate cut after economic data

Stronger than expected producer prices and weaker-than-expected consumer spending reported Thursday did little to budge financial market bets on a June start to Federal Reserve interest-

Traders stick to bets on June Fed rate cut after economic data
Economy

US retail sales rebound in February; weekly jobless claims fall

U.S. retail sales rebounded in February, driven by increases at auto dealerships and gasoline service stations, but consumer spending is slowing as households grapple with

US retail sales rebound in February; weekly jobless claims fall
Economy

Morning Bid: Oil smudges inflation view, Tesla in slow lane

A look at the day ahead in U.S. and global markets from Mike Dolan Creeping oil prices are complicating the inflation picture again, with producer inputs and retail sales updates next on the U.S.

Morning Bid: Oil smudges inflation view, Tesla in slow lane
Economy

Oil rises on strong US fuel demand as supply concerns continue

Oil prices climbed in early trade on Thursday, supported by strong demand in the U.S. after gasoline stocks hit a three month low and crude stockpiles dropped unexpectedly, with supply

Oil rises on strong US fuel demand as supply concerns continue
Economy

IMF intends to pick next managing director by end-April, board says

The International Monetary Fund has begun the process of selecting its next managing director and intends to choose a candidate by the end of April, the global lender's

IMF intends to pick next managing director by end-April, board says
Economy

Morning Bid: Sidestepping CPI for AI, China wobbles anew

A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered

Morning Bid: Sidestepping CPI for AI, China wobbles anew
Economy

CME Group bids to enter US Treasuries clearing business, Financial Times reports

CME Group said it will apply this year to clear U.S.

CME Group bids to enter US Treasuries clearing business, Financial Times reports
Economy

US February budget deficit climbs on interest costs, tax refunds

The U.S. federal budget deficit grew in February with outlays surging as annual tax-filing season kicked into gear and interest costs on the national debt kept rising, the U.S.

US February budget deficit climbs on interest costs, tax refunds
Economy

Former Tallgrass board member, friends settle insider trading charges

A former Tallgrass Energy board member and his friends will pay $2.2 million to settle insider trading charges related to a Blackstone-led $3.03 billion buyout offer for the oil pipeline

Former Tallgrass board member, friends settle insider trading charges
Economy

Gasoline, shelter costs lift US consumer prices in February

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June

Gasoline, shelter costs lift US consumer prices in February
Economy

Morning Bid: Inflation thermometer tops market dashboard

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street seems to have lost direction in another shaky start to the week for some of its megacap stocks and now needs some

Morning Bid: Inflation thermometer tops market dashboard
Economy

JPMorgan's Dimon urges US Fed to wait past June before cutting rates

JPMorgan Chase CEO Jamie Dimon on Tuesday urged the Federal Reserve to wait past June before cutting interest rates, arguing the central bank needs to shore up its inflation-

JPMorgan's Dimon urges US Fed to wait past June before cutting rates
Economy

Futures dip in run up to inflation data

U.S. stock index futures slipped on Monday, as investors awaited key inflation figures this week that could provide cues on the Federal Reserve's monetary policy path, after a mixed jobs

Futures dip in run up to inflation data
Economy

US providers could see credit impact from Change Healthcare hack, Moody's says

Ratings agency Moody's said on Friday that U.S. hospitals, physician facilities and other medical providers could see a credit impact resulting from disruptions from the hack at

US providers could see credit impact from Change Healthcare hack, Moody's says
Economy

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes

U.S. bond funds racked up large inflows in the seven days to March 6 as weaker manufacturing data and dovish comments from Federal Reserve officials raised expectations for interest rate

US bond funds attract biggest weekly inflow since mid-2021 on rate cut hopes
Economy

Global equity funds draw inflows of $6.5 billion on rate cut hopes

Global equity funds attracted a net $6.5 billion in the seven days through March 6, driven by weak U.S. manufacturing data and Federal Reserve policymakers' remarks which fuelled

Global equity funds draw inflows of $6.5 billion on rate cut hopes
Economy

Morningstar DBRS downgrades NYCB by a notch on near-term earnings pressure

Morningstar DBRS downgraded the credit ratings of New York Community Bancorp to "BBB (low)" from "BBB", citing near-term pressure on earnings, the ratings agency said late on Thursday.

Morningstar DBRS downgrades NYCB by a notch on near-term earnings pressure
Economy

Take Five: Another bout of bitcoin fever

Bitcoin is back in the headlines, having roared to a new record high, just as many of the world's major central banks are starting to pave the way towards cutting interest rates, but only

Take Five: Another bout of bitcoin fever
Economy

China EV sales slow in January-February as competition intensifies

China's pure electric vehicle sales slowed in January-February from a year earlier, industry data showed on Friday, as competition intensified with market leader BYD heading a

China EV sales slow in January-February as competition intensifies
Economy

Yellen says US Congress inaction on Ukraine aid is "gift" to Putin, Iran

U.S.

Yellen says US Congress inaction on Ukraine aid is "gift" to Putin, Iran
Economy

UN data: Global patent filings drop nearly 2% as innovation falters

Patent filings slipped last year by nearly 2% in the first fall in 14 years amid economic uncertainty, the U.N. patent agency said on Thursday, in a move it described as "concerning

UN data: Global patent filings drop nearly 2% as innovation falters
Economy

NY Fed says supply chain pressures ticked up small amount in February

Supply chain pressures picked up modestly last month, the Federal Reserve Bank of New York said in a report Wednesday.

NY Fed says supply chain pressures ticked up small amount in February

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