By Lucia Mutikani WASHINGTON (Reuters) – U.S. services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, which …
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(Reuters) – Cooling inflation in the United States gives the Federal Reserve room to potentially start cutting interest rates this summer, Citadel founder and billionaire investor Ken Griffin said on …
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WASHINGTON (Reuters) – U.S. business activity picked up in January and inflation appeared to abate, with a measure of prices charged by companies for their products falling to the lowest …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The number one focus for investors in Asia on Friday will be the latest Japanese consumer …
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By Cynthia Kim SEOUL (Reuters) – South Korea’s factory activity contracted in December, a business survey showed on Tuesday, due to falling new orders, which were squeezed by weaker Chinese …
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By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will keep Bank Rate at 5.25% on December 14 and through the second quarter of 2024, a Reuters poll showed, …
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By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Bond yields, interest rate expectations, oil prices and inflationary pressures around the world are falling, and …
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(Reuters) – Ross Stores raised its annual earnings forecast after topping third-quarter sales and profit expectations on Thursday, helped by robust demand at its discount outlets and easing freight costs, …
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By Elena Fabrichnaya MOSCOW (Reuters) – Russia’s biggest bank Sberbank expects a sharp cooling of the mortgage market following an expected 80% rise in mortgage lending this year, CEO German …
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(Reuters) – Monster Beverage Corp beat estimates for third-quarter profit on Thursday, helped by higher pricing for its energy drinks and hard seltzers, sending the company’s shares up about 3% …
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EDISON, NJ – As temperatures drop in New Jersey, locals and visitors alike are seeking the best indoor activities to keep the fun alive. If you’re wondering where to find …
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By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Loretta Mester said on Friday that the U.S. labor market remains strong despite signs of it …
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By Michael S. Derby NEW YORK (Reuters) – Americans said last month they expected weaker inflation over the next few years, and they also marked up their own views of …
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VF Corp cut its annual revenue forecast on Tuesday, signaling a slowdown in demand for its apparel and sneakers from price-conscious consumers, especially in North America. With the Federal Reserve …
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By Chen Lin SINGAPORE (Reuters) – Singapore’s private home prices rose 3.1% in the first half of the year, official data showed on Friday, bucking a downward trend in global …
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SINGAPORE (Reuters) – New home sales in Singapore jumped to the highest in a year, official data showed on Thursday, despite a hike in taxes a month earlier to try …
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LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Wednesday there were some signs of a cooling of inflation pressure in Britain’s labour market but it was too soon …
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WASHINGTON (Reuters) – The U.S. services sector slowed more than expected in March as demand cooled, while a measure of prices paid by services businesses fell to the lowest in …
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NEW YORK (Reuters) – U.S. consumer spending rose moderately in February, likely payback after surging the prior month, and while inflation showed signs of cooling it remained elevated, which could …
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(Reuters) – Housing markets in tech hubs are cooling more rapidly than other parts of the United States amid a wave of layoffs in the technology sector and elevated mortgage …
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By Pavel Polityuk KYIV (Reuters) – Ukraine fears its Zaporizhzhia nuclear power station could by late summer face a shortage of water to cool reactors because Russian forces have let …
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(Reuters) – Carvana Co said on Thursday its net loss rose over nine-fold in the fourth quarter hurt by shrinking demand for pre-owned vehicles, sending its shares down 5% in …
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PATRICE ONWUKA: It May Be Too Late For Cooling Inflation To Save The Economy Patrice Onwuka on January 18, 2023 Inflation may finally be retreating as price increases on wholesale …
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TAIPEI (Reuters) – Taiwan’s economy likely expanded much more slowly in the fourth quarter compared to the prior quarter due to increased global economic headwinds denting demand for technology which …
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BEIJING (Reuters) – China’s export and imports are expected to have continued to struggle over December, due to the spread of COVID-19 in the country disrupting production lines and waning …