US SEC stays climate disclosure rule amid legal challenges
By Isla Binnie NEW YORK (Reuters) – Wall Street’s top regulator has stayed new climate-related disclosure requirements pending judicial review, the agency said in a statement on Thursday, after criticism from across…
Philippine central bank stays on hold, maintains hawkish tone
By Neil Jerome Morales and Mikhail Flores MANILA (Reuters) – The Philippine central bank kept its policy rate steady at 6.5% on Thursday, as expected, warning that its fight with inflation was…
Watch: Casino Stays Open Fire Erupts on Atlantic City Boardwalk Nearby
ATLANTIC CITY, NJ – A large fire broke out outside Resorts Casino on the Atlantic City Boardwalk at around 3:45 pm on Wednesday. Firefighters were able to contain and extinguish the fire.…
Fed’s Mester open to another rate hike if economy stays on current path
By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Tuesday she is open to raising interest rates again, potentially at the U.S. central bank’s next…
Marketmind: October market fillip as govt stays open
A look at the day ahead in U.S. and global markets by Mike Dolan A six-week reprieve for U.S. government funding that keeps public services functioning through mid-November has been enough to…
German manufacturing stays mired in downturn in Sept – PMI
BERLIN (Reuters) – Germany’s manufacturing sector, which accounts for about a fifth of its economy, remained mired in a downturn in September on weak demand and rapidly falling output, a survey showed…
Marriott projects upbeat revenue per room growth as travel demand stays strong
(Reuters) – Marriott International on Wednesday forecast two-year annualized global revenue per available room (RevPAR) growth of 3% to 6% by 2025, as the hotel operator expects resilient international travel demand. A…
Marketmind: Bank of Japan also holds policy and stays dovish
A look at the day ahead in European and global markets from Vidya Ranganathan, breaking news editor for finance & markets The odds the Bank of Japan would tweak its super-loose policy…
US hotel loan defaults could rise on falling leisure stays, climbing costs
By Matt Tracy (Reuters) – U.S. hotel owners could see greater pressure on their ability to service the loans backing their properties, as a decline in leisure stays coupled with rising costs…
Bolsonaro stays silent in police probe of undeclared Saudi, Bahrain jewelry gifts
By Ricardo Brito BRASILIA (Reuters) – Former Brazilian President Jair Bolsonaro and his wife Michelle chose to remain silent when they appeared before Federal Police on Thursday to testify in an investigation…
Instant view: US jobs growth stays moderate in July, wage gains still strong
NEW YORK (Reuters) – The U.S. economy maintained a moderate pace of job growth in July, but solid wage gains and a decline in the unemployment rate pointed to continued tightness in…
SHOSHANA BRYEN: US Military Stays Tight With Israel Despite Political Rifts
SHOSHANA BRYEN: US Military Stays Tight With Israel Despite Political Rifts Shoshana Bryen on August 2, 2023 The American reaction to Israel’s proposed judicial reform paved the way for various parties to…
Inflation in Japan’s capital slows in July, stays above BOJ target
By Yoshifumi Takemoto and Leika Kihara TOKYO (Reuters) – Core inflation in Japan’s capital slowed in July but remained well above the central bank’s 2% target, data showed on Friday, keeping pressure…
Pirelli turns more cautious on revenues, but pricing power stays strong
MILAN (Reuters) -Tyremaker Pirelli nudged down its estimates for full year sales on Thursday to reflect forecasts for a weaker market, despite improving results in the second quarter which were supported by…
Shein posts US lobbying tab as it stays in lawmakers’ crosshairs
By Arriana McLymore NEW YORK (Reuters) – Shein, an online discount clothing retailer whose labor practices in China are being questioned by U.S. lawmakers, spent $600,000 in the second quarter in lobbying…
US restaurants set for second-half profit boost as costs ease, demand stays firm
By Deborah Mary Sophia (Reuters) – Restaurant chains including McDonald’s and Chipotle Mexican Grill are expected to report strong profits in the second half of 2023 as commodity costs finally ease at…
Mountain Valley asks US Supreme Court to vacate stays halting pipeline
By Timothy Gardner (Reuters) -Mountain Valley Pipeline LLC asked the U.S. Supreme Court in a filing on Friday to vacate stays imposed by a federal court halting construction of a portion of…
Inflation Ticks Down, But Stays Well Above The Fed’s Goal
Inflation Ticks Down, But Stays Well Above The Fed’s Goal Will Kessler on July 12, 2023 Inflation fell in June, but still remains high following the Federal Reserve’s pause on interest rate…
Bank of Israel chief cautions of more interest rate hikes if shekel stays weak
By Steven Scheer and Ari Rabinovitch JERUSALEM (Reuters) -Israel’s monetary policy is currently restrictive and at an appropriate level given moderating inflation, but interest rates could rise further should the shekel’s depreciation…
Sri Lanka central bank to hold rates as inflation stays high
By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently…
U.S. auto dealer profits ease from 2022 peak, M&A drive stays high – report
(Reuters) – Earnings of U.S. auto dealers have eased over the past few months from record levels hit in 2022 as margins came under pressure from high interest rates and inflation, a…
ECB deposit rate to peak at 3.75% or higher as inflation stays sticky – Reuters poll
By Jonathan Cable LONDON (Reuters) – The peak for European Central Bank interest rates will be much higher than thought only a month ago, according to economists polled by Reuters, and they…
ECB’s Wunsch: Rate of 4% can’t be excluded if core inflation stays high
BRUSSELS (Reuters) – The European Central Bank could consider raising its key interest rate as high as 4% if underlying inflation in the euro zone remains persistently high, ECB Governing Council member…
Fed’s Waller: if data stays hot, policy rate should go above 5.1%-5.4%
By Ann Saphir (Reuters) – A string of “hot” data may force the U.S. central bank to raise rates higher than the 5.1%-5.4% range projected by the majority of Federal Reserve policymakers…
Indonesia central bank: U.S. rates may rise further; stance on local rates stays
JAKARTA (Reuters) – Bank Indonesia Governor Perry Warjiyo said on Thursday the Federal Reserve may continue raising U.S. interest rates until June, but while the monetary tightening would strengthen the dollar his…
Inflation Stays Hot In January, Surging Past Investor Expectations
Inflation Stays Hot In January, Surging Past Investor Expectations John Hugh DeMastri on February 14, 2023 Inflation accelerated on a monthly basis in January, surging past investor expectations as prices continue to…
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