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 Friday, cementing expectations that the…
By Stella Qiu SYDNEY (Reuters) – Australian retail sales rose modestly in August as consumers continued to cut back on spending in the face of elevated living expenses and high…
Supreme Court Extends Pause On Appeals Court Ruling On Biden Admin Censorship Efforts Katelynn Richardson on September 22, 2023 The Supreme Court on Friday extended its stay on an injunction…
NEW YORK (Reuters) – The U.S. Department of Health and Human Services (HHS) on Thursday said 30 states must pause disenrollments from their Medicaid and Children’s Health Insurance Program (CHIP)…
FRANKFURT (Reuters) – The European Central Bank should raise interest rates next week, perhaps for the last time, Slovak policymaker Peter Kazimir said on Wednesday, just hours before the bank…
LONDON (Reuters) – British companies are their most confident since before Russia’s invasion of Ukraine, according to a survey that also showed they planned to keep on raising prices and…
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – It may be too early for the European Central Bank to pause interest rate hikes now as an early stop in the…
(Reuters) -Hawaiian Electric shares on Friday plunged to their lowest level since 1984 as a lawsuit alleging negligence leading to Maui wildfires raised investor worries over the financial health of…
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) – European Central Bank policymakers are increasingly concerned about deteriorating growth prospects and, while the debate is still open, momentum for a pause…
(Reuters) – J.P.Morgan said on Wednesday it now expects the European Central Bank to pause its tightening cycle in September as euro zone business activity contracted much more than expected,…
By Prerana Bhat BENGALURU (Reuters) – The European Central Bank will pause a more than year-long rate-hiking campaign in September, according to a narrow majority of economists polled by Reuters,…
By Sinéad Carew (Reuters) – Shares in Discover Financial Services tumbled more than 13% in after-hours trading on Wednesday after its quarterly earnings fell short of expectations and it announced…
SYDNEY, July 18 (Reuters) – Australia’s central bank decided to keep interest rates steady this month as policy was clearly restrictive and there was a risk a squeeze on household…
By Emma Farge and Marc Jones GENEVA/LONDON (Reuters) – A United Nations agency urged global finance ministers to give poor countries debt repayment breaks, estimating the COVID-19 pandemic and subsequent…
Bill Gates Disagrees With Musk’s AI Pause, Believes Tech’s Consequences Won’t Be As ‘Grim’ As Anticipated Jason Cohen on July 13, 2023 Microsoft founder Bill Gates advocated against a pause…
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s central bank held the cash rate steady at 5.5% on Wednesday, hitting pause as expected and flagging rates would be on hold…
By A. Ananthalakshmi and Rozanna Latiff KUALA LUMPUR (Reuters) -Malaysia’s central bank kept benchmark interest rates unchanged on Thursday, as expected, amid signs of moderating growth and easing inflation, with…
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of New York President John Williams said on Wednesday it was the right move for the central bank to…
By Stella Qiu SYDNEY (Reuters) – Australia’s consumer inflation slowed to a 13-month low in May, driven by a sharp pullback in fuel, while a measure of core inflation also…
Powell Says Interest Rate Hike Is Coming, Despite Pause Last Week Jake Smith on June 21, 2023 Federal Reserve Chairman Jerome Powell said in a Wednesday statement that an increase…
By Dietrich Knauth (Reuters) – Georgia-Pacific can avoid litigating tens of thousands of asbestos lawsuits while its subsidiary Bestwall remains in bankruptcy, an appeals court ruled Tuesday. In a 2-1…
A look at the day ahead in European and global markets from Kevin Buckland There’s no escaping that it’s all about the Fed today. And the energy around the meeting…
NEW YORK (Reuters) – U.S. consumer prices rose moderately in May, leading to the smallest annual increase in inflation in more than two years, though underlying price pressures remained strong,…
A look at the day ahead in European and global markets from Ankur Banerjee A risk-on rally fuelled by rising expectations the Federal Reserve will stand still on interest rates…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – U.S. rate futures on Wednesday priced in a pause in interest rate hikes by the Federal Reserve at next month’s monetary policy meeting,…