Softening inflation props up U.S. consumer sentiment
By Safiyah Riddle (Reuters) – Diminishing inflation pushed consumer sentiment to the highest in nearly two years, a closely watched survey showed on Friday. The University of Michigan’s final index of consumer…
China’s key money rate hits near 2-year low, but softening seen fleeting
SHANGHAI (Reuters) – Liquidity conditions in China’s interbank money markets eased further on Tuesday, as cash supply far outpaced demand, despite a huge withdrawal of funds by the central bank. Key rates…
2022’s holiday delivery challenge: softening e-commerce demand
By Lisa Baertlein LOS ANGELES (Reuters) – FedEx, United Parcel Service and other delivery firms that struggled with too much pandemic-fueled demand from online retailers like Amazon and Walmart, now have the…
Wall Street banks’ Q2 trading revenue likely to surge, softening blow from deal slump
By Saeed Azhar NEW YORK – A surge in trading revenue powered by volatile markets should partially offset a slump in M&A and equity and debt deals when Wall Street banks report…
Breaking News
