WASHINGTON (Reuters) – U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the … Read more
Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever? Will Kessler on February 14, 2024 The Bureau of Labor Statistics announced … Read more
By Michael S. Derby NEW YORK (Reuters) -Americans reported a fairly stable outlook for inflation at the start of the year, as medium-term expectations settled … Read more
By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will reduce interest rates next quarter, according to a Reuters poll, with 45% of respondents … Read more
LONDON (Reuters) – Investors pared back expectations for Bank of England interest rate cuts over the coming year after data on Wednesday showed an unexpected … Read more
TORONTO (Reuters) – Canada’s annual inflation rate rose to 3.4% in December from 3.1% in November, data showed on Tuesday, largely driven by higher gasoline … Read more
FRANKFURT (Reuters) – Euro zone consumers have slashed their inflation expectations, a European Central Bank survey showed on Tuesday, in comforting news for the ECB’s … Read more
SAO PAULO (Reuters) – Industrial production in Brazil rose for the fourth consecutive month in November, data from statistics agency IBGE showed on Friday, exceeding … Read more
BEIJING (Reuters) -China’s central bank made 350 billion yuan ($49.1 billion) in loans to policy banks through its pledged supplementary lending (PSL) facility in December, … Read more
BRASILIA (Reuters) – Brazil’s central bank stressed on Thursday that despite recent downward surprises in current inflation, expectations for the coming years remain above the … Read more
CAMDEN, NJ – Campbell Soup Company reported a surpassing of Wall Street expectations for quarterly profit on Wednesday. The company’s strategy of increasing prices for … Read more
WASHINGTON (Reuters) – U.S. private payrolls increased less than expected in November as the labor market gradually cools. Private payrolls rose by 103,000 jobs last … Read more
(Reuters) – J.M. Smucker, which owns Jif peanut butter and Dunkin’ pre-made coffee, beat second-quarter profit expectations on Tuesday, helped by higher product pricing and … Read more
FRANKFURT (Reuters) – Inflation expectations among euro zone consumers held steady last month while the outlook for economic growth worsened, the European Central Bank said … Read more
LONDON (Reuters) – The downturn in euro zone business activity eased last month but still indicates the bloc’s economy will contract again this quarter as … Read more
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said Tuesday longer-term inflation expectations have been encouragingly … Read more
(Reuters) – U.S. investors were big buyers of equity funds in the seven days through Nov. 15, spurred by expectations that the Federal Reserve may … Read more
(Reuters) – British aerospace supplier Melrose said on Thursday it expected 2023 profit to be 7% higher than its previous expectations, partly driven by stronger … Read more
By Michael S. Derby NEW YORK (Reuters) -The expected path for inflation softened on balance in October amid rising expectations for future gasoline price increases … Read more
FRANKFURT (Reuters) -Germany’s Commerzbank said on Wednesday that net profit more than tripled in the third quarter, better than expected and helped by higher interest … Read more
(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 … Read more
By Michael Erman (Reuters) -Merck & Co on Thursday reported higher-than-expected results in the third quarter on surprisingly strong demand for its COVID-19 treatment, primarily … Read more
By David Gaffen (Reuters) – A broad swath of global industrial and consumer bellwethers reported stronger-than-expected earnings in their most recent quarter, as resilient spending … Read more
By Supantha Mukherjee STOCKHOLM (Reuters) – Spotify on Tuesday swung to a quarterly profit aided by price hikes in its streaming services and growth in … Read more
OTTAWA (Reuters) – Canadian retail sales fell by 0.1% in August from July and look set to stay flat in September, Statistics Canada said on … Read more
WASHINGTON (Reuters) -U.S. retail sales increased more than expected in September as households stepped up purchases of motor vehicles and spent more at restaurants and … Read more
(Reuters) – Snap shares jumped 11% on Monday after a media report said the social media company is expected to have more than 475 million … Read more
TOKYO (Reuters) -Japanese households’ inflation expectations rose slightly in the three months to September, a central bank quarterly survey showed on Friday. The survey will … Read more
(Reuters) – U.S. job growth surged in September, suggesting that the labor market remains strong enough for the Federal Reserve to raise interest rates this … Read more
BRASILIA (Reuters) – Brazil’s trade surplus reached a historic high for September, but fell slightly short of market estimates, according to government data released on … Read more
BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto said on Friday that inflation expectations are not aligned with official goals, and signaled they … Read more
BRASILIA (Reuters) – The Brazilian economy kicked off the third quarter with a stronger-than-expected pace, bolstering recent upward revisions in the country’s GDP growth forecast … Read more
(Reuters) – SpaceX’s satellite internet venture Starlink posted a more than six-fold surge in revenue last year to $1.4 billion, but fell short of targets … Read more
By Chavi Mehta and Casey Hall (Reuters) – PDD Holdings beat second-quarter revenue estimates on Tuesday, as its discount e-commerce platform Pinduoduo attracted price-conscious customers … Read more
By Michael S. Derby NEW YORK (Reuters) – American workers’ expectations for pay surged in July, even as those same workers foresee a modestly less … Read more
By Chibuike Oguh NEW YORK (Reuters) – Shares of H&R Block Inc rose nearly 12% to a six-month high on Wednesday after the U.S. tax … Read more
By Michael S. Derby NEW YORK (Reuters) – Americans said last month they expected weaker inflation over the next few years, and they also marked … Read more
WASHINGTON (Reuters) – U.S. consumer sentiment dipped in August, but Americans expected inflation to edge lower over the next year and beyond, a survey showed … Read more
By Julian Luk LONDON (Reuters) – China’s largest private copper producer Nanfang Nonferrous is due to bring a major new smelter to production by October, … Read more
LONDON (Reuters) – The Bank of England said on Thursday that businesses expected slower increases in the prices they charge and the wages they pay … Read more
(Reuters) – Engine maker Cummins reported a second-quarter profit on Thursday that missed analysts’ estimates, hurt by high manufacturing costs. The company’s shares fell 3.8% … Read more
BRUSSELS (Reuters) – Euro zone economic sentiment declined for a third consecutive month in July and by more than expected as the mood in industry, … Read more
By Mathieu Rosemain PARIS (Reuters) – Amundi, Europe’s biggest fund manager, posted better-than-expected quarterly net inflows on Friday as investors’ appetite for risk-averse products underpinned … Read more
By Kannaki Deka (Reuters) – Harley-Davidson said on Thursday that pre-orders were “exceeding expectations” for a new model the U.S. big-bike maker launched this month … Read more
(Reuters) – Albertsons Companies topped Wall Street expectations for quarterly profit and revenue on Tuesday, on the back of steady demand for groceries and pocket-friendly … Read more
BEIJING (Reuters) – China’s foreign exchange regulator said on Friday it will comprehensively use policy measures to stabilise market expectations, at a time when the … Read more
MOSCOW (Reuters) – Inflationary expectations for the year ahead among Russian households climbed to 11.1% in July from 10.2% in June, the central bank said … Read more
By Shivangi Acharya and Riddhima Talwani NEW DELHI (Reuters) -India’s merchandise trade deficit in June was in line with expectations at $20.13 billion, according to … Read more
By Leika Kihara TOKYO (Reuters) – Japanese households’ inflation expectations rose in the three months to June, a central bank survey showed on Wednesday, adding … Read more
By Michael S. Derby (Reuters) – Americans said in June they were expecting the weakest near-term inflation gains in just over two years, while continuing … Read more