A look at the day ahead in U.S. and global markets from Mike Dolan Relief at the resumption of disinflation triggered the best day for U.S. stocks and bonds since …
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By Dawn Chmielewski, Danielle Broadway and Lisa Richwine LOS ANGELES (Reuters) – While Hollywood celebrates the end of strikes by writers and actors, the multibillion-dollar economic toll on everyone from …
- MIsc. News
US climate assessment lays out growing threats, opportunities as temperatures rise
by Reutersby ReutersBy Timothy Gardner WASHINGTON (Reuters) -Climate change harms Americans physically, mentally and financially, often hitting those who have done the least to cause it, including Black people facing floods in …
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By Koh Gui Qing and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – World stocks soared on Tuesday after U.S. inflation data came in cooler than forecast in October, fuelling investor bets …
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By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices were unchanged in October as Americans paid less for gasoline, and the annual rise in underlying inflation was the smallest in …
- Government NewsPolice Blotter
Recidivist Cocaine Trafficker Convicted Of Sending Hundreds Of Kilograms Of Cocaine Hidden Inside Furniture
by Indira Patelby Indira PatelDamian Williams, the United States Attorney for the Southern District of New York, announced the conviction in Manhattan federal court of OMAR LOPEZ CASTRO for his participation in a cocaine …
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NEW YORK (Reuters) – U.S. consumer prices were unchanged in October amid lower gasoline prices, and underlying inflation showed signs of slowing, supporting views that the Federal Reserve was probably …
- MIsc. News
Foxconn books surprise quarterly profit rise, has conservative outlook for 2024
by Reutersby ReutersBy Yimou Lee and Sarah Wu TAIPEI (Reuters) -Apple Inc supplier Foxconn logged a surprise 11% increase in third-quarter profit, helped by gains in non-operating income but reiterated revenue was …
- MIsc. News
U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
by Reutersby ReutersBy Sarupya Ganguly BENGALURU (Reuters) – U.S. Treasury yields will fall in coming months, though not as sharply as forecast previously, according to bond strategists polled by Reuters, who said …
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By Siddharth Cavale NEW YORK (Reuters) – With a mixed picture of consumer demand emerging over the past quarter, earnings results from Walmart and Target on Wednesday and Thursday respectively …
- MIsc. News
‘Can’t buy new jeans’: Argentina inflation hits 143% as shoppers tighten belts
by Reutersby ReutersBy Miguel Lo Bianco and Claudia Martini BUENOS AIRES (Reuters) -Hard-up Argentines, tightening their purse strings with inflation topping 140%, are increasingly turning to second-hand clothing markets, both to find …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. The spotlight currently shining on Japan’s yen, and speculation around …
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By Koh Gui Qing and Naomi Rovnick LONDON/NEW YORK (Reuters) – Global stocks traded in a narrow range on Monday as the market focused on U.S. inflation data for more …
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By Granth Vanaik and Tom Polansek (Reuters) -Tyson Foods on Monday forecast revenue for its next fiscal year below Wall Street estimates after fourth-quarter sales missed expectations due to falling …
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A look at the day ahead in U.S. and global markets from Mike Dolan A sideswipe at the last remaining triple-A U.S. sovereign credit rating appears to have been batted …
- MIsc. News
Citadel Securities explores China licence as Beijing steps up market-making program
by Reutersby ReutersBy Selena Li and Summer Zhen HONG KONG (Reuters) – Citadel Securities, one of the world’s biggest market-making firms, is “actively exploring” establishing a licensed onshore business in China, its …
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A look at the day ahead in European and global markets from Kevin Buckland Chip stocks gave Asian equity investors some small bit of cheer to start the week, picking …
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By Joseph White and David Shepardson DETROIT (Reuters) – General Motors’ bet that its Cruise robo-taxi unit will deliver $50 billion in revenue by 2030 is facing its toughest test. …
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By Herbert Lash NEW YORK (Reuters) -Treasury yields jumped and a measure of global stocks fell on Thursday after Federal Reserve Chair Jerome Powell said policymakers “are not confident” interest …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets are set to end the week with a …
- MIsc. News
Big media rallies as tentative actors’ deal paves way for restarting productions
by Reutersby ReutersBy Samrhitha A (Reuters) -Investors in Hollywood studios on Thursday cheered a tentative deal with actors that could help restart production of movies and shows halted by a series of …
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Biden’s EV Dreams May Be Screeching To A Halt As Consumer Enthusiasm Wanes Nick Pope on November 8, 2023 Consumer demand for electric vehicles (EVs) has been cooler than anticipated …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Attention in Asia on Wednesday turns to Chinese inflation data, …
- MIsc. News
Ping An loses $2.1 billion in market value, China property rallies on Country Garden rescue report
by Reutersby ReutersHONG KONG (Reuters) – China property stocks rallied and Ping An Insurance Group shares slumped to a one-year low on Wednesday after Reuters reported Chinese authorities had asked the firm …
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(Reuters) – Bumble forecast fourth-quarter revenue below Wall Street estimates on Tuesday in a sign that sticky inflation and growing competition were weighing on user spending on its dating apps, …