Today: September 30, 2024
Today: September 30, 2024

Latest From Reuters

Economy

EU, US seek interim steel deal to avoid return of Trump tariffs - Bloomberg News

Leaders of the European Union and the U.S. are seeking to announce an interim agreement at an Oct. 20 summit on steel and aluminium trade that would avert the re-imposition of Trump-era

EU, US seek interim steel deal to avoid return of Trump tariffs - Bloomberg News
Economy

Canada's grocery chains pledge to help cut food prices, govt says

The Canadian government, under political pressure to tackle high inflation, said on Thursday the country's five major grocery chains had made an initial commitment to help stabilise

Canada's grocery chains pledge to help cut food prices, govt says
Economy

Fed's Goolsbee does not see rise in long-term yields imperiling soft landing

(Reuters - Chicago Federal Reserve Bank President Austan Goolsbee says he sees no clear signals that the U.S. economy is veering off the "golden path" toward the Fed's 2% inflation goal and at the

Fed's Goolsbee does not see rise in long-term yields imperiling soft landing
Economy

US trade deficit narrows to nearly three-year low in August

The U.S. trade deficit narrowed more than expected in August as exports increased solidly, likely positioning trade to support economic growth in the third quarter.

US trade deficit narrows to nearly three-year low in August
Economy

U.S. online sales to grow 4.8% in crucial holiday season -report

Online sales during the crucial U.S. holiday season are expected to rise 4.8% from a year earlier as retailers go all out to woo inflation-hit consumers with even bigger discounts and

U.S. online sales to grow 4.8% in crucial holiday season -report
Economy

Marketmind: Nervy bond bounce on soft jobs and oil

A look at the day ahead in U.S. and global markets from Mike Dolan Battered Treasury bonds caught a bid over the past 24 hours on surprisingly soft U.S. jobs data and the biggest recoil in oil prices

Marketmind: Nervy bond bounce on soft jobs and oil
Economy

German exports fall more than expected in August

German exports fell a more-than-expected 1.2% in August from the previous month, data from the federal statistics office showed on Thursday.

German exports fall more than expected in August
Economy

Fed's Bostic: No 'urgency' to raise rates again, but cuts a long way off

With the economy slowing and inflation falling there is no urgency for the Federal Reserve to raise its policy interest rate again, but it will likely be a long time before the Fed

Fed's Bostic: No 'urgency' to raise rates again, but cuts a long way off
Economy

What could break under higher-for-longer interest rates?

As the final stretch of the year approaches, there's relief in markets that the sharpest global monetary tightening cycle in decades is finally nearing an end.

What could break under higher-for-longer interest rates?
Economy

Marketmind: Spiky quarter ends in uneasy market calm

A look at the day ahead in U.S. and global markets by Mike Dolan With one eye on a key U.S. inflation update for August later on Friday, world markets limped to the end of a poor third quarter and

Marketmind: Spiky quarter ends in uneasy market calm
Economy

Instant view: US core inflation slows in August, consumer spending rises

U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%.

Instant view: US core inflation slows in August, consumer spending rises
Economy

US equity funds see biggest weekly outflow in three months

U.S. equity funds witnessed robust outflows in the seven days to Sept. 27 on worries about a potential extension of the Federal Reserve's restrictive monetary policy and a renewed surge in

US equity funds see biggest weekly outflow in three months
Economy

Factbox-U.S. economic data set to be affected by a gov't shutdown

A partial shutdown of the U.S. federal government due to lack of appropriations could begin on Oct. 1 and would mean key agencies involved in the collection and publication of data about

Factbox-U.S. economic data set to be affected by a gov't shutdown
Economy

Fed doves, Fed hawks: US central bankers in their own words

The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market

Fed doves, Fed hawks: US central bankers in their own words
Economy

Take Five: Roll on Q4!

The shutdown of the U.S. government has been averted, while embattled developer China Evergrande is on the brink, and markets are still adjusting to central banks' higher for longer

Take Five: Roll on Q4!
Economy

Republican infighting defeats US House bill to avert shutdown

The U.S.

Republican infighting defeats US House bill to avert shutdown
Economy

Marketmind: October market fillip as govt stays open

A look at the day ahead in U.S. and global markets by Mike Dolan A six-week reprieve for U.S. government funding that keeps public services functioning through mid-November has been enough to give

Marketmind: October market fillip as govt stays open
Economy

Hedge fund manager Bill Ackman sees U.S. long-term rates rising

Billionaire investor Bill Ackman said he believed 30-year interest rates would rise further, while his Pershing Square Capital Management hedge fund remains short on bonds, as he sees

Hedge fund manager Bill Ackman sees U.S. long-term rates rising
Economy

Goldman names head of wealth investment solutions for asset management

Wall Street giant Goldman Sachs has named Monali Vora as its head of wealth investment solutions for asset management, according to an internal memo seen by Reuters on Friday.

Goldman names head of wealth investment solutions for asset management
Economy

Citadel's Griffin unsure stock market rally can continue - CNBC

Billionaire investor Ken Griffin, founder of U.S. hedge fund Citadel, said on Thursday that he has some doubts about the continuity of the markets rally and is concerned

Citadel's Griffin unsure stock market rally can continue - CNBC
Economy

Direxion rolls out Nvidia-focused ETFs for bulls and bears

Direxion is rolling out two new exchange-traded funds (ETFs) tied to the price movement in shares of Nvidia Corp, the financial products provider said on Wednesday, seeking to capitalize

Direxion rolls out Nvidia-focused ETFs for bulls and bears
Economy

Ripe for change? Activist investors eye food, consumer goods firms

In early 2021, investment management firm Artisan Partners sent an open letter to an incoming member of Danone's board, saying it had built a stake of more than 3% in the French

Ripe for change? Activist investors eye food, consumer goods firms
Economy

US Treasury: homes must be 'zero energy ready' to get full tax credit

The U.S.

US Treasury: homes must be 'zero energy ready' to get full tax credit
Economy

Bridgewater's Ray Dalio warns of impending debt crisis in US - CNBC

Ray Dalio believes the United States is going to have a debt crisis and is closely watching the "risky" fiscal situation, CNBC reported on Thursday, citing an interview with the

Bridgewater's Ray Dalio warns of impending debt crisis in US - CNBC
Economy

IMF says US government shutdown is 'avoidable risk,' urges parties to reach consensus

The International Monetary Fund on Thursday said a looming shutdown of the U.S. government posed an "avoidable risk" to the nation's economy, and urged parties to reach

IMF says US government shutdown is 'avoidable risk,' urges parties to reach consensus

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