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 …
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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 …
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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) …
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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 …
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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 …
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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 …
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(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 …
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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 …
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(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, …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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, …
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(Reuters) – The U.S. Federal Reserve on Wednesday raised interest rates by a widely expected 25 basis points and dropped from its policy statement language saying that it “anticipates” further …