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

Latest From Reuters

Economy

Barclays forecasts Fed to stand pat on rates in January

Barclays said on Wednesday it no longer expects the U.S. Federal Reserve to raise interest rates in January, compared with an earlier forecast of a 25-basis-point hike.

Barclays forecasts Fed to stand pat on rates in January
Economy

Marketmind: Nvidia shares take bumpy ride after hours

A look at the day ahead in European and global markets from Wayne Cole. The early focus was on Nvidia, which in AI tech terms is the only company selling shovels during a gold rush.

Marketmind: Nvidia shares take bumpy ride after hours
Economy

US pension plans lose bid to block cum-ex tax fraud case

A group of U.S. pension plans has lost a bid to block Denmark's tax agency from pursuing millions of dollars from them in a "cum-ex" tax fraud case after a judge in a New York

US pension plans lose bid to block cum-ex tax fraud case
Economy

Marketmind: Catching breath as Nvidia update due

A look at the day ahead in U.S. and global markets from Mike Dolan A cocktail of renewed AI excitement, Nvidia's imminent earnings update, an impressive 20-year Treasury auction and a leveling off of

Marketmind: Catching breath as Nvidia update due
Economy

Structural demand for US debt strong despite bond market volatility - Moody's

The structural demand for U.S. debt which underpins the dollar-based global financial system remains strong against the backdrop of recent Treasury market volatility, Moody's Investors

Structural demand for US debt strong despite bond market volatility - Moody's
Economy

Factbox-How close are crypto markets to first spot bitcoin, ether ETFs?

A spate of filings for spot bitcoin and ether exchange-traded funds (ETFs), including from traditional finance heavyweights, has revived the crypto market that had been crushed by a series

Factbox-How close are crypto markets to first spot bitcoin, ether ETFs?
Economy

Morgan Stanley appoints Jed Finn as head of wealth management - memo

Morgan Stanley has named Jed Finn as the head of its wealth management unit, according to an internal memo seen by Reuters on Monday.

Morgan Stanley appoints Jed Finn as head of wealth management - memo
Economy

Marketmind: Japanese stocks party like it's 1990

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

Marketmind: Japanese stocks party like it's 1990
Economy

Marketmind: Thanksgiving starters of AI and oil

A look at the day ahead in U.S. and global markets from Mike Dolan.

Marketmind: Thanksgiving starters of AI and oil
Economy

Factbox-APEC's 'San Francisco Principles' on sustainability, inclusiveness

The Asia Pacific Economic Cooperation members on Friday adopted new trade and investment principles that seek to boost environmental sustainability and social well-being

Factbox-APEC's 'San Francisco Principles' on sustainability, inclusiveness
Economy

Fed's Goolsbee expects easing shelter inflation to seal path to 2%

Chicago Federal Reserve Bank President Austan Goolsbee on Friday said the U.S. central bank will "do what it takes" to bring inflation down to the Fed's 2% goal, but that inflation looks

Fed's Goolsbee expects easing shelter inflation to seal path to 2%
Economy

US equity funds draw heavy inflows on expectations for Fed pause

U.S. investors were big buyers of equity funds in the seven days through Nov. 15, spurred by expectations that the Federal Reserve may pause its interest rate hikes in light of recent

US equity funds draw heavy inflows on expectations for Fed pause
Economy

Take Five: Black Friday is (almost) here

U.S. retailers are gearing up for Black Friday, marking the start of the shopping season that follows the Thanksgiving holiday, while business activity data should gauge the temperature

Take Five: Black Friday is (almost) here
Economy

Citi CEO Fraser touts 'clear benefits' of diversifying supply chains

Geopolitical tensions and macroeconomic shocks are spurring businesses and governments into reconfiguring their supply chains, and the increased focus on diversification is leading to "

Citi CEO Fraser touts 'clear benefits' of diversifying supply chains
Economy

Mortgage rates fall for a third week - Freddie Mac

U.S. mortgage rates fell for the third-straight week this week to the lowest since late September, signaling falling yields in the Treasury market that largely determine home

Mortgage rates fall for a third week - Freddie Mac
Economy

Fed's Cook says economic risks two-sided, 'soft landing' possible

The U.S. central bank must steer between the risk of doing too little and taking the fight against inflation too far, Federal Reserve Governor Lisa Cook said on Thursday, a

Fed's Cook says economic risks two-sided, 'soft landing' possible
Economy

Auto strikes sink US manufacturing output in October

Production at U.S. factories dropped more than expected in October as strikes by the United Auto Workers (UAW) union against Detroit's "Big Three" automakers depressed motor

Auto strikes sink US manufacturing output in October
Economy

US import prices post largest drop in seven months

U.S. import prices fell more than expected in October amid a broad decline in the costs of goods, the latest indication that inflation was retreating.

US import prices post largest drop in seven months
Economy

Stocks to outperform fixed income in 2024, says Barclays

Global equities are set to outperform core fixed-income assets next year, as threats of a global economic slowdown have declined, Barclays strategists said in a note on Thursday.

Stocks to outperform fixed income in 2024, says Barclays
Economy

Factbox-Global economy to slow down but likely avoid recession in 2024

Some of the major banks in the world expect global economic growth to slow further in 2024, squeezed by elevated interest rates, higher energy prices and a slowdown in the world's two

Factbox-Global economy to slow down but likely avoid recession in 2024
Economy

Marketmind: Ebbing oil sustains inflation, retail glow

A look at the day ahead in U.S. and global markets from Mike Dolan Ebbing oil prices are cheerleading this week's renewed optimism on U.S. disinflation - with retail soundings still perky into the

Marketmind: Ebbing oil sustains inflation, retail glow
Economy

UBS expects bonds and stocks to rise in 2024 on U.S. soft landing

U.S economic growth is set to slow but remain positive in 2024, European growth will remain subdued and China will see lower but 'potentially higher quality growth' UBS Wealth

UBS expects bonds and stocks to rise in 2024 on U.S. soft landing
Economy

Blackstone to raise $400 million to boost credit fund's lending power - FT

Blackstone is in the final stages of raising about $400 million for its Blackstone Private Credit Fund (BCRED) to secure additional investment advantage, the Financial Times reported on

Blackstone to raise $400 million to boost credit fund's lending power - FT
Economy

U.S. business inventories rise in September

U.S. businesses maintained a fairly solid pace of inventory investment in September amid rising sales, government data showed on Wednesday.

U.S. business inventories rise in September
Economy

US producer prices unexpectedly fall in October

U.S. producer prices fell by the most in three-and-a-half years in October amid a sharp drop in the cost of gasoline, the latest indication of subsiding inflation pressures.

US producer prices unexpectedly fall in October

Follow