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  • Business News

    Instant view: Stubborn US April PCE inflation revives focus on June Fed hike

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    NEW YORK (Reuters) – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the second quarter, and inflation picked up, which could see the …

  • Business News

    Strong US consumer spending, inflation readings put Fed in tough spot

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the second quarter, and inflation picked up, which could …

  • US and World News

    Russia’s Medvedev: Ukraine conflict may last for decades, no talks with Zelenskiy

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    By Guy Faulconbridge MOSCOW (Reuters) -A senior ally of President Vladimir Putin said on Friday the conflict in Ukraine could last for decades and that negotiations with Ukraine were impossible …

  • Business News

    US money market funds see big inflows amid debt ceiling caution

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    (Reuters) – U.S. money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadline for politicians to agree an increase …

  • Business News

    Explainer – Why does the UK have such a painful inflation problem?

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    By William Schomberg and Andy Bruce LONDON (Reuters) – British inflation fell in April but by less than expected and it remains above the rate of price growth in the …

  • Business News

    Global money market funds attract heavy inflows as US debt ceiling looms

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    (Reuters) – Global money market funds drew inflows for a fifth straight week in the seven days to May 24 as investors resorted to buying safer assets on caution with …

  • Business News

    ECB’s Lane pushes back on core inflation worries

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    DUBROVNIK, Croatia (Reuters) – Falling energy prices will lower underlying inflation in the euro zone and rapid wage growth is not putting undue pressure on prices, European Central Bank Chief …

  • Business News

    UK shoppers boost spending despite inflation’s bite

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    By William Schomberg LONDON (Reuters) -British consumers picked up the pace of their spending last month and sales volumes over the three months to April grew by the most since …

  • Business News

    Inflation in Tokyo slows in May, but key gauge hits four-decade high

    by Reuters May 26, 2023
    by Reuters May 26, 2023

    By Takahiko Wada and Leika Kihara TOKYO (Reuters) -Core consumer inflation in Japan’s capital slowed in May, but a key index stripping away the effect of fuel hit a four-decade …

  • Business News

    Low growth, high inflation are top risks for India, say economists: Reuters poll

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    By Vivek Mishra and Shaloo Shrivastava BENGALURU (Reuters) – India’s economy will grow about 6% this fiscal year with a small increase in private investment, according to a Reuters poll …

  • Business News

    Brazil cenbank chief says new fiscal bill good sign for inflation

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    BRASILIA (Reuters) -Brazilian central bank chief Roberto Campos Neto said on Thursday that a fiscal framework bill approved a day earlier by the country’s lower house has had a positive …

  • Business News

    AT&T’s DirecTV signs deal to offer NFL Sunday Ticket games to bars and casinos

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    (Reuters) – AT&T Inc’s DirecTV on Thursday announced a multi-year deal to broadcast the Sunday Ticket package of National Football League (NFL) games for commercial locations including bars, restaurants and …

  • Business News

    Bank of England’s Haskel says policy should lean against sticky inflation

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    By David Milliken LONDON (Reuters) -The Bank of England needs to push back against the risk that high inflation proves unexpectedly sticky, and may need to raise interest rates further, …

  • Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News

    China Hacked Critical Networks To Spy On US Ahead Of Potential Conflict, Officials Say

    by The Daily Caller May 25, 2023
    by The Daily Caller May 25, 2023

    China Hacked Critical Networks To Spy On US Ahead Of Potential Conflict, Officials Say Micaela Burrow on May 25, 2023 A shadowy Chinese government-backed hacking group attacked critical U.S. networks, …

  • Business News

    Brazil inflation hits 2-1/2 year low; cenbank pressured to lower rates

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    SAO PAULO (Reuters) – Inflation in Brazil continued to slow down in early May, data from statistics agency IBGE showed on Thursday, in a move that surprised markets and is …

  • Business News

    South Africa lifts interest rates to 14-year high to fight inflation

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    By Anait Miridzhanian, Bhargav Acharya and Kopano Gumbi PRETORIA (Reuters) -South Africa’s central bank raised its main interest rate on Thursday to a 14-year high, a move Governor Lesetja Kganyago …

  • Business News

    German economy entered recession as inflation hurt consumers

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    BERLIN (Reuters) – The German economy was in recession in early 2023 after household spending in Europe’s economic engine finally succumbed to the pressure of high inflation. Gross domestic product …

  • Business News

    Medtronic’s profit forecast hit by stronger dollar, inflation

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    By Bhanvi Satija and Raghav Mahobe (Reuters) -Medtronic Plc on Thursday forecast annual profit below Wall Street estimates, as a strong U.S. dollar and persistently high costs of raw goods …

  • Business News

    Italy probing China’s possible growing influence on Pirelli -sources

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    By Giuseppe Fonte and Giulio Piovaccari MILAN (Reuters) – The Italian government, which is assessing tyre maker Pirelli’s new shareholder agreement, is concerned about plans to allow top shareholder China’s …

  • Business News

    Australia’s Treasury Wine warns of demand hit from inflation

    by Reuters May 25, 2023
    by Reuters May 25, 2023

    By Navya Mittal and Echha Jain (Reuters) -Australia’s Treasury Wine Estates warned on Thursday that inflation was squeezing demand for its commercial-grade wine and driving up packaging costs, sending its …

  • Business News

    South Korea producer inflation slows to 27-month low in April

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    SEOUL (Reuters) – South Korea’s producer prices rose in April at the slowest pace in 27 months, as agricultural and utility prices fell, central bank data showed on Thursday. The …

  • Business News

    Stalled US debt talks, inflation woes hit stocks

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    By Lawrence White and Koh Gui Qing LONDON/NEW YORK (Reuters) -World stocks dropped on Wednesday as U.S. debt ceiling talks dragged on without resolution, stoking a general malaise in markets …

  • Business News

    Fed’s Waller: inverted yield curve may signal belief in falling inflation

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    (Reuters) – Federal Reserve Governor Christopher Waller on Wednesday said that while inverted yield curves in the context of stable inflation often point to a bad economic outlook, the current …

  • Business News

    Bank of England’s Bailey sweats over risk of ‘sticky’ summer for inflation

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    By William Schomberg and David Milliken LONDON (Reuters) -Bank of England Governor Andrew Bailey said he was concerned about the risk of “sticky and stubborn” inflation over the summer after …

  • Business News

    Mexico inflation hits 20-month low after rate hikes paused

    by Reuters May 24, 2023
    by Reuters May 24, 2023

    (Reuters) -Consumer prices in Mexico fell more than expected in the first half of May, driving annual inflation to its lowest in 20 months, according to the first figures released …

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