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

Latest From Reuters

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
Economy

Marketmind: All eyes on U.S. employment report to set the tone

A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets Asian markets must wait over the weekend to trade on U.S.

Marketmind: All eyes on U.S. employment report to set the tone
Economy

Global money market funds see big demand as rate cut euphoria fades

Investors moved hefty amounts into global money market funds in the seven days leading to Jan. 3 as caution set in ahead of key U.S. employment reports which may influence expectations of

Global money market funds see big demand as rate cut euphoria fades
Economy

Marketmind: Fed fizz goes a bit flat

A look at the day ahead in U.S. and global markets from Mike Dolan If the Federal Reserve is now wary of a sudden fracture in the U.S. labor market, it won't be unduly alarmed by what it's seen of

Marketmind: Fed fizz goes a bit flat
Economy

Traders pare bets on March start to Fed rate cuts after strong jobs data

Traders on Friday tempered expectations for the Federal Reserve to start cutting interest rates in March after the U.S. government's monthly labor market report showed employers added more

Traders pare bets on March start to Fed rate cuts after strong jobs data
Economy

Yellen says US 'soft landing' underway, low inflation, wage growth to spur confidence

U.S.

Yellen says US 'soft landing' underway, low inflation, wage growth to spur confidence
Economy

US factory orders rebound in November

New orders for U.S.-made goods increased more than expected in November amid a surge in demand for civilian aircraft, government data showed on Friday Factory orders rose 2.6%

US factory orders rebound in November
Economy

US service sector slows in December as employment plummets - ISM survey

The U.S. services sector slowed considerably in December, with a measure of employment dropping to the lowest level in nearly 3-1/2 years, a survey showed on Friday.

US service sector slows in December as employment plummets - ISM survey
Economy

Healthy US December payrolls puts March Fed pivot in doubt

U.S. employers hired more workers than expected in December while raising wages at a solid clip, casting some doubt on financial market expectations that the Federal Reserve would

Healthy US December payrolls puts March Fed pivot in doubt
Economy

US worker absences highlight mixed labor market as pandemic recedes

The latest government data on Friday showed the U.S. added 216,000 jobs in December, as the labor market settles back towards more normal levels following almost four years of upheaval

US worker absences highlight mixed labor market as pandemic recedes
Economy

US private payrolls increase in December - ADP

U.S. private employers hired more workers than expected in December, pointing to persistent strength in the labor market that should continue to sustain the economy.

US private payrolls increase in December - ADP
Economy

US online holiday spending up 5% on steep discounts, BNPL options - report

Online spending by U.S. shoppers rose 4.9% during the 2023 holiday season, an Adobe Analytics report showed on Thursday, as intense promotions on items such as electronics and apparel, as

US online holiday spending up 5% on steep discounts, BNPL options - report
Economy

Marketmind: Fed minutes calm the horses

A look at the day ahead in U.S. and global markets from Mike Dolan A relatively soothing bond market reading of the Federal Reserve's latest meeting minutes has helped calm the new year horses, but

Marketmind: Fed minutes calm the horses
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

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