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

Latest From Reuters

Economy

US job openings remain elevated in September

U.S. job openings increased in September, pointing to persistent labor market tightness that is underpinning the economy and likely to see interest rates staying high for some

US job openings remain elevated in September
Economy

Marketmind: Fed, financing and jobs greet November

A look at the day ahead in U.S. and global markets from Mike Dolan Investors wishing to put a dark October behind them first need to negotiate Wednesday's Fed policy decision, Treasury's debt sale

Marketmind: Fed, financing and jobs greet November
Economy

Fed buzz: words to watch for as the Fed sets rates

Federal Reserve policymakers have telegraphed no change to the current 5.25%-5.50% target range for short-term interest rates at their two-day meeting starting Tuesday.

Fed buzz: words to watch for as the Fed sets rates
Economy

US consumer confidence fall further in October

U.S. consumer confidence declined for a third straight month in October amid persistent worries about inflation, higher borrowing costs and the political environment, a survey

US consumer confidence fall further in October
Economy

Marketmind: Refunding relief stokes bond-led bounce

A look at the day ahead in U.S. and global markets from Mike Dolan A more modest yearend schedule of Treasury debt sales than many feared helped bonds rally overnight while the Bank of Japan closed

Marketmind: Refunding relief stokes bond-led bounce
Economy

South Korea economic growth to exceed potential rate in 2024, Yoon says

South Korean President Yoon Suk Yeol said on Tuesday the economy in 2024 would exceed the potential growth rate after picking up pace in the second half of 2023, and pledged closer

South Korea economic growth to exceed potential rate in 2024, Yoon says
Economy

Marketmind: Market bounce sets up Fed-dominated week ahead

A look at the day ahead in U.S. and global markets from Mike Dolan Another Monday bounce in world markets sets up a Fed-dominated week ahead - although the U.S. central bank may not yet have a great

Marketmind: Market bounce sets up Fed-dominated week ahead
Economy

Goldman Sachs no longer sees U.S. govt shutdown in 2023

Goldman Sachs removed its forecast for a U.S. government shutdown this year given new geopolitical risks and the election of a speaker at the House of Representatives, but warned of risks

Goldman Sachs no longer sees U.S. govt shutdown in 2023
Economy

Africa unlikely to follow East Asia's manufacturing growth path -study

African countries are less likely to follow East Asia's development model of expanding manufacturing to pull people out of poverty, according to a study that shows a declining

Africa unlikely to follow East Asia's manufacturing growth path -study
Economy

Argentina says fuel shortages should ease soon, imports arriving

The Argentine government and oil companies on Saturday said fuel shipments are starting to arrive that in coming days should ease a shortage, after a spike in demand caused

Argentina says fuel shortages should ease soon, imports arriving
Economy

Italy to raise taxes for flat owners doing multiple short-term rentals

Italy's government plans to hike taxes on short-term rentals by people letting out more than one flat, a draft of the 2024 budget seen by Reuters showed on Saturday.

Italy to raise taxes for flat owners doing multiple short-term rentals
Economy

US investors extend equity fund sell-off amid rising bond yields

U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict.

US investors extend equity fund sell-off amid rising bond yields
Economy

Fed seen keeping rates on hold well into next year

Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong consumer spending kept some chance of

Fed seen keeping rates on hold well into next year
Economy

Investors scoop up tech stocks and long-dated Treasuries - BofA

Investors have poured money into beaten-down, long-dated U.S. Treasuries and bruised tech stocks in recent days, BofA Global Research said in a note on Friday.

Investors scoop up tech stocks and long-dated Treasuries - BofA
Economy

Marketmind: Amazon and goldilocks ride to the rescue

A look at the day ahead in U.S. and global markets from Mike Dolan At least one of the so-called "Magnificent 7" of top U.S. megacaps was able to ride to the rescue.

Marketmind: Amazon and goldilocks ride to the rescue
Economy

Take Five: Central bank trick or treat

Central bankers will keep investors on alert in the coming days, with the Bank of Japan, the U.S.

Take Five: Central bank trick or treat
Economy

Yellen: Possible long-term yields will come down, but 'no one knows for sure'

U.S.

Yellen: Possible long-term yields will come down, but 'no one knows for sure'
Economy

US looking for more chances to reduce finance flow to Hamas, Yellen says

U.S.

US looking for more chances to reduce finance flow to Hamas, Yellen says
Economy

Big central banks hit pause, with rate cuts far off

What comes after the pause?

Big central banks hit pause, with rate cuts far off
Economy

Traders boost bets Fed will keep rates on hold this year

Traders on Thursday added to bets the Federal Reserve will keep policy on hold through this year and will begin interest rate cuts in mid-2024, despite a stronger-than-expected reading for

Traders boost bets Fed will keep rates on hold this year
Economy

Marketmind: Haunted by 5% ahead of ECB, GDP and Amazon

A look at the day ahead in U.S. and global markets from Mike Dolan The selloff in Wall Street stocks is starting to snowball as even megacap tech beats get batted away by a fresh wave of bond market

Marketmind: Haunted by 5% ahead of ECB, GDP and Amazon
Economy

Third-quarter US earnings estimate improves slightly -LSEG

The estimate for U.S. third-quarter earnings has improved slightly this week, with more S&P 500 companies including Microsoft reporting stronger-than-expected results.

Third-quarter US earnings estimate improves slightly -LSEG
Economy

U.S mortgage rates soar to highest in more than 23 years

The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking its seventh straight weekly increase and driving mortgage applications to

U.S mortgage rates soar to highest in more than 23 years
Economy

White House says US supplemental spending request this week to address child care, disaster relief, other priorities

The White House will request another supplemental spending package this week to address child care, disaster relief, and other priorities, White House spokesperson Karine Jean-

White House says US supplemental spending request this week to address child care, disaster relief, other priorities
Economy

US business output ticks up in October; inflation pressures ease

U.S. business output ticked higher in October as the manufacturing sector pulled out of a five-month contraction on a pickup in new orders, and services activity accelerated modestly amid

US business output ticks up in October; inflation pressures ease

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