WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen said on Friday that a “soft landing” in the U.S. economy was now underway and a sustained period of low inflation and…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors seem more confident than ever that the U.S. economy is gliding towards the hallowed ‘soft…
NEW YORK (Reuters) – U.S. bank chiefs expressed more confidence in the economic outlook for 2024 after consumers and businesses showed surprising strength this year. Here are quotes from the…
By Yoruk Bahceli, Dhara Ranasinghe and Naomi Rovnick (Reuters) – A stellar rally in equities and bonds suggests market confidence is high for the world economy to reach a soft…
MILAN (Reuters) – Euro zone interest rates are close to their peak in the current cycle or may have already reached it, European Central Bank Governing Council member Joachim Nagel…
By Howard Schneider BOSTON (Reuters) – Boston Federal Reserve President Susan Collins said on Friday she remained optimistic the U.S. central bank can lower inflation without doing substantial damage to…
SAN FRANCISCO (Reuters) – The U.S. central bank must steer between the risk of doing too little and taking the fight against inflation too far, Federal Reserve Governor Lisa Cook…
LONDON (Reuters) – U.S economic growth is set to slow but remain positive in 2024, European growth will remain subdued and China will see lower but ‘potentially higher quality growth’…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets open on Wednesday with stocks, risk assets and…
(Reuters) – Bank of America CEO Brian Moynihan on Wednesday reiterated his expectation of a soft landing for the U.S. economy, saying the lender was seeing a slowdown in consumer…
MARRAKECH, Morocco (Reuters) -The European Central Bank should aim to engineer a “soft landing” for the euro zone’s economy, as long as it is confident that inflation will keep falling…
By Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday she continued to expect the U.S. economy would have a soft landing, even though the conflict…
By Jamie McGeever ORLANDO, Florida (Reuters) – The surge in long-dated U.S. bond yields currently underway and driving the so-called ‘bear steepening’ of the yield curve will dramatically reduce the…
By Andrea Shalal (Reuters) – Stronger demand for services and progress on lowering inflation have increased the chances that the global economy can escape recession, but fiscal and financial risks…
(Reuters – Chicago Federal Reserve Bank President Austan Goolsbee says he sees no clear signals that the U.S. economy is veering off the “golden path” toward the Fed’s 2% inflation…
By Matt Tracy (Reuters) – U.S. corporate bond spreads widened on Tuesday and are expected to widen further after the latest jobs data helped confirm many investors’ expectations of higher-for-longer…
By Howard Schneider WASHINGTON (Reuters) – U.S. Federal Reserve Chair Jerome Powell said emphatically last week that people “hate inflation, hate it,” but he left another fact unspoken – they…
Ex-Intel Officials Who Signed The Infamous Hunter Biden Laptop Letter Keep Landing Gigs With The Biden Admin Jason Cohen on September 24, 2023 Several of the 51 former intelligence officials…
By Steve Gorman LOS ANGELES (Reuters) – A NASA space capsule carrying a sample of rocky material plucked from the surface of an asteroid three years ago hurtled toward Earth…
HAMILTON TOWNSHIP, NJ – Xavier Garcia-Quedraogo, a 20-year-old resident of Mays Landing, suffered serious injuries following a single-car crash near the intersection of Route 40 and Joe Nickels Boulevard. Garcia-Quedraogo…
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON (Reuters) – Bond, stock and currency market bears with portfolios designed to gain from a recession have been fleeing losing trades…
FISHERS ISLAND, NY – On Friday evening, the State Police were summoned to a plane crash at Fishers Island Airport, responding to a distress call at around 6:00 pm. The…
BUFFALO, N.Y. – Buffalo police are actively investigating a shooting incident that occurred outside Templeton Landing early on Monday morning. The victim, who was shot around 3 am, later entered…
(Reuters) – A look at the day ahead in U.S. and global markets by Naomi Rovnick. Positive economic data tends to move stock markets, either by fueling rallies, or prompting…
By Howard Schneider WASHINGTON (Reuters) – Throughout the Federal Reserve’s drive to kill inflation, policymakers have focused on raising the benchmark overnight interest rate high enough to do the job…