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

Latest From Reuters

Business|Economy

Brokerages lift S&P 500 target on hopes for soft landing, rate cuts

Brokerages have raised their year-end targets for U.S. stocks benchmark S&P 500, spurred by expectations of a "soft landing" for the economy and growing odds the Federal Reserve will cut

Brokerages lift S&P 500 target on hopes for soft landing, rate cuts
Economy

Goldman Sachs raises 2024 GDP growth forecast to 2.3%

Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier.

Goldman Sachs raises 2024 GDP growth forecast to 2.3%
Economy

Bank valuations could rise by $7 trillion in five years, study finds

Global banks could boost their valuations by a combined $7 trillion in the next five years if they take major steps to promote growth and boost productivity, the Boston Consulting

Bank valuations could rise by $7 trillion in five years, study finds
Economy

'Remarkable' surge in auto insurance costs fans US inflation

Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto

'Remarkable' surge in auto insurance costs fans US inflation
Economy

Turkish central banker Erkan says country is determined to achieve disinflation -sources

Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the completion of the monetary policy tightening

Turkish central banker Erkan says country is determined to achieve disinflation -sources
Economy

US budget deficit for December up 52% to $129 billion

The U.S. federal government posted a December deficit of $129 billion, up $44 billion or 52% from a year earlier as outlays rose while receipts fell from December 2022 levels

US budget deficit for December up 52% to $129 billion
Economy

Fed's Mester says March "probably" too early for rate cut

The rocky path of inflation back to the Federal Reserve's 2% target rate reflected in the latest Consumer Price Index (CPI) figures means that it is likely too soon for the central bank to

Fed's Mester says March "probably" too early for rate cut
Economy

Foreigners pile $29 billion into EM portfolios in December, $179 billion in 2023 -IIF

Foreigners added a net $29 billion into emerging market debt and equity portfolios in December enticed by a view that the U.S.

Foreigners pile $29 billion into EM portfolios in December, $179 billion in 2023 -IIF
Economy

Slightly hot Dec US CPI suggests Fed won't rush to cut

U.S. consumer prices increased more than expected in December as rents maintained their upward trend, which could delay a much anticipated interest rate cut in March from the

Slightly hot Dec US CPI suggests Fed won't rush to cut
Economy

Marketmind: Inflation tests market thesis, bitcoin gets ETF nod

A look at the day ahead in U.S. and global markets from Mike Dolan If the aggressive interest rate easing markets have priced for 2024 is to ring true - against what Federal Reserve officials are

Marketmind: Inflation tests market thesis, bitcoin gets ETF nod
Economy

Fitch no longer expects a US recession, forecasts three rate cuts

Credit rating agency Fitch no longer forecasts a U.S. recession this year due to several signs of strength in the economy, Fitch Ratings’ Chief Economist Brian Coulton said in a

Fitch no longer expects a US recession, forecasts three rate cuts
Economy

Marketmind: Japan shines as Wall St eyes CPI, bitcoin swings

A look at the day ahead in U.S. and global markets from Mike Dolan Roaring Japanese stocks at 21st century highs shone in an otherwise subdued day for world markets, with Wall St bracing for

Marketmind: Japan shines as Wall St eyes CPI, bitcoin swings
Economy

Cen banks to intervene more in bond markets; regulation needs review - ICMA study

Central banks will have to intervene more frequently in government bond markets and policymakers should review prudential regulation to make the market more resilient, a provisional study

Cen banks to intervene more in bond markets; regulation needs review - ICMA study
Economy

How an election-packed 2024 could swing world markets

Countries making up over 60% of the world's economic output and more than half of its population hold elections this year.

How an election-packed 2024 could swing world markets
Economy

Fed considering changes to Basel proposal: supervision chief

Officials at the U.S.

Fed considering changes to Basel proposal: supervision chief
Economy

OECD sees global minimum tax reshaping investment flows

The introduction this year of a global minimum corporate tax will reshape the flow of multinationals' foreign investments as the benefits from booking profits in tax havens disappear

OECD sees global minimum tax reshaping investment flows
Economy

Banks should increase use of 'discount window' to prevent crises -expert group

Commercial banks should prepare to borrow more readily from central banks to limit contagion in times of stress and discourage runs by depositors, an expert regulatory panel said on

Banks should increase use of 'discount window' to prevent crises -expert group
Economy

Marketmind: Wall St re-finds mojo - but hurdles ahead

A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks shook off their new year torpor with the best day in almost two months on Monday - as tech fizzed again and

Marketmind: Wall St re-finds mojo - but hurdles ahead
Economy

Yellen says top-line federal spending deal consistent with debt ceiling pact

U.S.

Yellen says top-line federal spending deal consistent with debt ceiling pact
Economy

Marketmind: New year market funk sees 5-day blues

A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. government shutdown angst resurfacing, this weekend's Taiwan election in view, fourth-quarter earnings looming again and

Marketmind: New year market funk sees 5-day blues
Economy

German exports rise more than expected in November

German exports rose much more than expected in November as demand in the European Union increased strongly, data from the federal statistics office showed on Monday.

German exports rise more than expected in November
Economy

Marketmind: Risk appetites sour, with inflation on the menu

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

Marketmind: Risk appetites sour, with inflation on the menu
Economy

US congressional leaders announce top-line spending deal

Top U.S. congressional leaders on Sunday agreed on a $1.6 trillion top-line federal spending level in a deal aimed at averting a partial government shutdown later this month,

US congressional leaders announce top-line spending deal
Business|Economy

Key moments in the recent history of Boeing's 737 MAX

Boeing has agreed to plead guilty to a criminal fraud conspiracy charge and pay a fine of $243.6 million to resolve a U.S.

Key moments in the recent history of Boeing's 737 MAX
Economy

Fed's Barkin: Strong jobs report keeps focus on inflation fight

LINTHICUM, Md.

Fed's Barkin: Strong jobs report keeps focus on inflation fight

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