It’s Brutal Outside: Heat Index Climbs Over 100 Across New Jersey, Flood Watch in Effect
TOMS RIVER, NJ – The National Weather Service has issued a heat advisory and a flood watch for the Central New Jersey regional area and surrounding counties Tuesday as temperatures soar and…
NY Fed index shows global supply chain pressures eased further in March
By Michael S. Derby NEW YORK (Reuters) – International supply chain stress continued to ease last month, the Federal Reserve Bank of New York said on Thursday, in data that suggests at…
Chile economic activity index posts surprise annual fall in February
SANTIAGO (Reuters) – Chile’s IMACEC economic activity index dropped 0.5% in February compared to the same month last year, data showed on Monday, well below the expectations of economists polled by Reuters,…
Instant View: US Feb PCE price index shows inflation keeps cooling
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 see the…
Weil distress index shows UK companies at highest level since June 2020
By Chiara Elisei LONDON (Reuters) – Corporate distress levels in Britain accelerated in the three months to February to their highest since June 2020, an index compiled by law firm Weil Gotshal…
Russia’s monthly producer price index rises for first time in 10 months
MOSCOW (Reuters) – Costs in Russia’s manufacturing sector rose in February for the first time in 10 months, data from the state statistics service Rosstat showed on Wednesday, driven by a sharp…
India’s bluechip Nifty index to snap seven-yr winning run -BofA Global Research
(Reuters) – India’s bluechip Nifty 50 index will end at around 18,000 points this year, about 5.5% higher than current levels but roughly flat with end-2022, as company earnings will be hit…
European junk bond index hits three-month high; financials indices rise
LONDON (Reuters) – The cost of insuring exposure to European junk bonds hit its highest in three months on Wednesday, as shares in banking stocks plummeted following a 20% drop in embattled…
Smoothies in, alcopops out as UK updates inflation index for 2023
By David Milliken LONDON (Reuters) – Frozen berries used to blend home-made smoothies are in, while alcopops at the pub are out, according to Britain’s annual update of the goods and services…
Unisys, Bed Bath & Beyond slide after removal from small-cap index
NEW YORK (Reuters) – Shares of IT services firm Unisys Corp tumbled 16.7% on Monday and shares of embattled home goods retailer Bed Bath & Beyond Inc fell about 4% after it…
Fed’s Favorite Inflation Index Blew Past Expectations In January
Fed’s Favorite Inflation Index Blew Past Expectations In January John Hugh DeMastri on February 24, 2023 The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures (PCE) price index, surged past…
S&P 500 index seen climbing 5% by end of 2023: Reuters poll
By Sinéad Carew NEW YORK (Reuters) – Wall Street’s benchmark S&P 500 index is expected to advance about 5% from Tuesday’s close by year-end although high interest rates and inflation have many…
In comeback, Commerzbank to join Germany’s DAX blue-chip index
FRANKFURT (Reuters) – Germany’s Commerzbank will rejoin the DAX index on Feb. 27, Deutsche Boerse announced late on Friday, marking a comeback for Germany’s No. 2 lender after it was removed from…
Should owning index funds be grounds for judicial recusal? No, says California judge
By Alison Frankel (Reuters) – Congress overhauled disclosure rules for federal judges last April to bolster public confidence that judicial decisions haven’t been tainted by secret financial considerations. But the new law…
German wholesale price index up 10.6% y/y in January
BERLIN (Reuters) – Germany’s wholesale price index rose in January compared with the same month last year, according to data released on Tuesday. Wholesale prices increased by 10.6% on the year, the…
U.S. leading indicators index falls for 10th straight month
(Reuters) – A gauge of future U.S. economic activity tumbled for a 10th straight month in December with a widespread weakening outlook for manufacturing, home building and both job and financial markets.…
Mexico headline inflation seen speeding up in December, core index down: Reuters poll
MEXICO CITY (Reuters) – Mexico’s headline inflation likely accelerated in December after slowing its pace for two straight months, a Reuters poll showed Friday, reinforcing bets that monetary policymakers will maintain a…
German wholesale price index eases in November
BERLIN (Reuters) – Germany’s wholesale price index eased in November compared to the previous month, as signs mounted that inflation could peak in Europe’s largest economy, according to data released on Thursday.…
Mexico annual inflation slows to 7.8% in November, core index still a concern
MEXICO CITY (Reuters) – Mexican consumer prices rose 7.8% in the year through November, slowing down from the previous month to reach its lowest level since May even as the core index…
Philadelphia Fed factory activity index drops unexpectedly
(Reuters) – A gauge of manufacturing activity in the U.S. mid-Atlantic region fell unexpectedly this month to its lowest level – outside of the coronavirus pandemic – since 2011 as firms reported…
N.Y. Fed’s Empire State business index rises more than expected
NEW YORK (Reuters) – A barometer of manufacturing activity in New York state rebounded more than expected this month as shipments picked up and factory employment continued to grow steadily, the New…
Saudi Arabia considers new mining index in diversification push
By Praveen Menon SYDNEY (Reuters) – Saudi Arabia is considering setting up a new metals and mining stock exchange index as it looks to expand its resources sector to diversify away from…
US Sept PCE price index shows modest inflation relief
NEW YORK (Reuters) – U.S. consumer spending increased more than expected in September, while underlying inflation pressures continued to bubble, keeping the Federal Reserve on track to hike interest rates by 75…
Mexican headline inflation slows in early October, core index still a concern
MEXICO CITY (Reuters) – Mexican annual inflation slowed more than expected in the first half of October, remaining far above the central bank’s target rate, while the closely watched core index climbed…
World food price index falls for sixth month in Sept -FAO
ROME (Reuters) – The United Nations food agency’s world price index fell for a sixth month in a row in September, receding from all-time highs posted earlier this year after Russia invaded…
Tokyo exchange to remove nearly 500 firms from Topix index
By Junko Fujita TOKYO (Reuters) -The Tokyo Stock Exchange (TSE) is set to remove almost 500 firms from the Topix index of primary domestic firms in the bourse’s latest reform aimed at…
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