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

Latest From Reuters

Economy

IMF board approves plan to boost lending resources without shareholding changes

The International Monetary Fund said on Tuesday its executive board approved a proposal for a 50% increase in quota resources to be contributed by member countries in proportion

IMF board approves plan to boost lending resources without shareholding changes
Economy

US trade gap widens more than expected in September

The U.S. trade deficit widened more than expected in September, making it less likely for trade to have contributed to growth in the third quarter.

US trade gap widens more than expected in September
Economy

Fed is making progress on inflation, Goolsbee says

The Federal Reserve has made significant inroads in its battle to bring inflation down to its 2% target, and attention will turn to how long to keep interest rates at their current level

Fed is making progress on inflation, Goolsbee says
Economy

Fed's Waller: Q3 GDP a "blowout" number that warrants watching

Third quarter U.S. economic growth at an annualized 4.9% rate was a "blowout" performance that warrants watching as the U.S.

Fed's Waller: Q3 GDP a "blowout" number that warrants watching
Economy

Fed's Bowman says she expects further policy tightening will be needed

Federal Reserve Governor Michelle Bowman on Tuesday repeated her view that the U.S. central bank will likely need to raise short-term interest rates again, though for now she is content to

Fed's Bowman says she expects further policy tightening will be needed
Economy

Marketmind: Some payback, but bonds hug gains on oil

A look at the day ahead in U.S. and global markets from Mike Dolan World markets are trying to calibrate last week's steep rally in stocks and bonds - tempering some of the overcaffeinated rate cut

Marketmind: Some payback, but bonds hug gains on oil
Economy

S&P 500, Nasdaq score longest win streak in 2 years on rates view

U.S. stocks rose on Tuesday, with the S&P 500 and Nasdaq notching their longest streak of gains in two years, as a retreat in U.S.

S&P 500, Nasdaq score longest win streak in 2 years on rates view
Economy

Fed's Neel Kashkari not convinced rate hikes are over -WSJ

Minneapolis Federal Reserve Bank President Neel Kashkari said he would err on the side of overtightening monetary policy rather than not doing enough to bring inflation down to the central

Fed's Neel Kashkari not convinced rate hikes are over -WSJ
Economy

Fed's Cook says hopes current policy setting is adequate to settle inflation

Federal Reserve Gov. Lisa Cook said she hopes the central bank's current target interest rate is adequate to return inflation to the Fed's 2% target.

Fed's Cook says hopes current policy setting is adequate to settle inflation
Economy

Dish swings to surprise loss as pay-TV subscribers slump

Dish Network posted a surprise loss for the third quarter as pay TV subscriptions dropped more than expected in the face of tough competition from streaming services, sending its shares

Dish swings to surprise loss as pay-TV subscribers slump
Economy

Canada's Ivey PMI shows activity expanding for third month in October

Canadian economic activity expanded at a slightly faster pace in October as a measure of prices fell to its lowest level in six months, Ivey Purchasing Managers Index (PMI) data

Canada's Ivey PMI shows activity expanding for third month in October
Economy

Marketmind: Rates buzz sustained before Fed loan data

A look at the day ahead in U.S. and global markets from Mike Dolan After its best week of 2023 on optimism about peaking interest rates, Wall Street's S&P500 looks set to record its longest winning

Marketmind: Rates buzz sustained before Fed loan data
Economy

Barclays sees Fed raising rate in January instead of December

Barclays said it now expects the U.S. Federal Reserve to deliver a 25 basis point interest rate increase in January instead of an earlier expectation for a December hike.

Barclays sees Fed raising rate in January instead of December
Economy

Marketmind: Stocks clocking best week of the year

A look at the day ahead in U.S. and global markets from Mike Dolan Markets are betting central banks are done hiking interest rates, inflation is falling and corporate earnings are robust - and they

Marketmind: Stocks clocking best week of the year
Economy

US service sector at five-month low in October- ISM survey

The U.S. services sector slowed for a second straight month in October, but momentum is likely to pick up in the near term amid an acceleration in growth in new orders.

US service sector at five-month low in October- ISM survey
Economy

US jobs growth slows more than expected in October

U.S. job growth slowed more than expected in October in part as strikes by the United Auto Workers (UAW) union against Detroit's "Big Three" car makers depressed manufacturing

US jobs growth slows more than expected in October
Economy

Fed's Kashkari: a lot of uncertainty about what is driving yield curve

Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said there is a lot of uncertainty over what is driving longer-term bond yields, whose rise in September and October helped convince

Fed's Kashkari: a lot of uncertainty about what is driving yield curve
Economy

Marketmind: Stocks clocking best week of the year

A look at the day ahead in U.S. and global markets from Mike Dolan Markets are betting central banks are done hiking interest rates, inflation is falling and corporate earnings are robust - and they

Marketmind: Stocks clocking best week of the year
Economy

Take Five: You (may) have arrived at your destination

Next week will have plenty to keep financial market traders and investors busy, including whether the Federal Reserve really has hit peak rates, another possible rate rise in

Take Five: You (may) have arrived at your destination
Economy

Yellen: U.S. committed to boosting trade, investment with Indo-Pacific

U.S.

Yellen: U.S. committed to boosting trade, investment with Indo-Pacific
Economy

After aggressive rate hikes, big central banks take time out

After almost two years of aggressive monetary tightening, the world's biggest central banks are taking time out before weighing up their next move.

After aggressive rate hikes, big central banks take time out
Economy

US productivity rises at fastest pace in three years in the third quarter

U.S. worker productivity grew at its quickest pace in three years in the third quarter, depressing labor costs.

US productivity rises at fastest pace in three years in the third quarter
Economy

Marketmind: Markets fly on Fed and funding, Apple awaits

A look at the day ahead in U.S. and global markets from Mike Dolan World markets lapped up a combination of steady U.S. interest rates, rejigged Treasury borrowing and lower oil prices - with an eye

Marketmind: Markets fly on Fed and funding, Apple awaits
Economy

Hong Kong central bank leaves interest rate unchanged, tracking Fed move

The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S.

Hong Kong central bank leaves interest rate unchanged, tracking Fed move
Economy

IMF and Gambia agree new $100 million support package

The International Monetary Fund and Gambian authorities have reached a staff-level agreement on a new three-year support package of around $100 million, the Fund said in a statement

IMF and Gambia agree new $100 million support package

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