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

Latest From Reuters

Economy

US economic activity slowed in recent weeks, Fed survey shows

U.S. economic activity slowed from early October through the middle of November, while businesses reported inflation largely moderated and it was easier to hire workers, the Federal

US economic activity slowed in recent weeks, Fed survey shows
Economy

Fed's Barkin wants rate hike option, no talk of rate cuts

Richmond Federal Reserve Bank President Thomas Barkin on Wednesday said he is "skeptical" that inflation is on its way down to 2%, and wants the option of another rate hike in case

Fed's Barkin wants rate hike option, no talk of rate cuts
Economy

Marketmind: Waller to Wall St, Fed's on the turn

A look at the day ahead in U.S. and global markets from Mike Dolan As Wall Street mourns the passing of 99-year-old investment legend Charlie Munger, Federal Reserve top brass gave one of the clearest

Marketmind: Waller to Wall St, Fed's on the turn
Economy

Austria's Signa to launch self-administrated insolvency proceedings

The management of Signa Holding GmbH will apply to launch self-administrated insolvency proceedings with a Vienna court on Wednesday, the Austrian property group said in a statement

Austria's Signa to launch self-administrated insolvency proceedings
Economy

UBS Chairman says Swiss financial regulator needs more teeth

UBS Chairman Colm Kelleher has called for the Swiss financial industry regulator FINMA to be given more powers after the downfall of Credit Suisse showed the authority lacked

UBS Chairman says Swiss financial regulator needs more teeth
Economy

IMF, World Bank and BIS in first 'tokenisation' collaboration

Three of the world's cornerstone institutions - the International Monetary Fund, the World Bank and the Bank for International Settlements - are to work together for the first time

IMF, World Bank and BIS in first 'tokenisation' collaboration
Economy

US Thanksgiving weekend shoppers cross 200 million for the first time - report

More than 200 million U.S. customers shopped over the five-day holiday weekend from Thanksgiving Day through Cyber Monday, according to data from the National Trade Federation (NRF),

US Thanksgiving weekend shoppers cross 200 million for the first time - report
Economy

US annual home price growth at 6.1% in September, FHFA says

U.S. annual home price growth accelerated again in September, underscoring the rebound of the housing market as it entered the final quarter of the year, data showed on Tuesday.

US annual home price growth at 6.1% in September, FHFA says
Economy

Fed's Bowman says she still expects another interest rate hike

The U.S. central bank will likely need to raise borrowing costs further in order to bring inflation back down to its 2% target over a reasonable period, Federal Reserve Governor Michelle

Fed's Bowman says she still expects another interest rate hike
Economy

Marketmind: Treasuries gobbled up, oil braces for OPEC

A look at the day ahead in U.S. and global markets from Mike Dolan Subdued world markets were relieved at the ease with which Monday's sale of U.S.

Marketmind: Treasuries gobbled up, oil braces for OPEC
Economy

Google, Symphony unveil AI JV to help banks manage voice calls compliance risk

Symphony, the markets infrastructure and tech firm, is teaming up with Google to ramp up its voice analytics offering to banks and investment firms, executives told Reuters, as

Google, Symphony unveil AI JV to help banks manage voice calls compliance risk
Economy

Oil rises on weak dollar, OPEC+ output cut expectations

Oil prices rose on Tuesday, supported by a weak dollar and expectations that the OPEC+ producer group would deepen and extend output cuts due to concerns over subdued demand.

Oil rises on weak dollar, OPEC+ output cut expectations
Economy

Marketmind: Markets turn risk-averse after bumper month

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

Marketmind: Markets turn risk-averse after bumper month
Economy

Marketmind: Stocks stall after VIX hits pre-COVID low

A look at the day ahead in U.S. and global markets from Mike Dolan Global markets took a sharp intake of breath on Monday after seeing Wall St's 'fear gauge' hit its lowest since before the pandemic

Marketmind: Stocks stall after VIX hits pre-COVID low
Economy

BlackRock Investment Institute cuts developed market stocks to 'neutral'

BlackRock Investment Institute on Monday cut its rating on developed market equities to "neutral", after being "overweight" since the end of pandemic lockdowns in Western nations, due to

BlackRock Investment Institute cuts developed market stocks to 'neutral'
Economy

Vietnam set to raise effective tax rate on multinationals as part of global deal

Vietnam's parliament is set to approve on Wednesday a top-up tax for multinationals, which will raise the effective rate of the corporate levy to 15% from January in line with a

Vietnam set to raise effective tax rate on multinationals as part of global deal
Economy

Marketmind: Giving thanks you're not in China stocks

A look at the day ahead in U.S. and global markets from Mike Dolan As Americans take a quick peek at markets on Friday before resuming a long Thanksgiving weekend, the takeaway will be sustained stock

Marketmind: Giving thanks you're not in China stocks
Economy

US equity funds see third weekly inflow on rate optimism

U.S. equity funds continued to accumulate inflows in the week to Nov. 22 as investor sentiment was buoyed by expectations of a pause in U.S. interest rate hikes, with a concurrent decline

US equity funds see third weekly inflow on rate optimism
Economy

Global equity funds attract inflows on hopes for end to Fed rate rises

Global equity funds attracted robust inflows in the seven days leading to Nov. 22, spurred by growing expectations that the U.S.

Global equity funds attract inflows on hopes for end to Fed rate rises
Economy

Take Five: Warming up this winter

Investors are torn over when global interest rates are likely to start falling, which is weighing on the dollar at a seasonally tricky time of year, meaning upcoming inflation data will be

Take Five: Warming up this winter
Economy

Women founders get tiny fraction of venture funding - report

Women across northwestern Europe received a tiny fraction of venture capital raised in 2023, with all-female founding teams receiving 0.6% in France, 1% in the Nordic countries,

Women founders get tiny fraction of venture funding - report
Economy

Disney says 518 million Indian users watched cricket World Cup on TV

A record 518 million Indian viewers watched the recently concluded men's cricket World Cup matches on Walt Disney-owned television channels during the 48-day event, the

Disney says 518 million Indian users watched cricket World Cup on TV
Economy

Gulf of Mexico oil spill shuts in around 3% of daily output

Around 61,165 barrels of daily oil output from at least six producers, making up about 3% of crude oil production in the Gulf of Mexico, has been shut in by Third Coast Infrastructure's

Gulf of Mexico oil spill shuts in around 3% of daily output
Economy

Bitcoin rises 5.7% to $37,802

Bitcoin rose 5.7 % to $37,802 at 2129 GMT on Wednesday, adding $2,044 to its previous close.

Bitcoin rises 5.7% to $37,802
Economy

US durable goods orders fall on weakness in transportation equipment sector

Orders for long-lasting U.S. manufactured goods fell more than expected in October as orders for motor vehicles and parts dropped amid strikes by the United Auto Workers (UAW)

US durable goods orders fall on weakness in transportation equipment sector

Follow