Trump threatens to ‘federalize’ D.C. over youth violence and crime surge
Washington, D.C. – President Donald Trump posted a fiery message on social media Wednesday, blasting the state of public safety in Washington, D.C., and threatening to exert federal power over the city…
Euro zone demand surge playing increasing role in excessive inflation: ECB
FRANKFURT (Reuters) – Surging consumer demand across the euro zone is playing an increasing role in excessive inflation, a European Central Bank study showed on Friday, suggesting that – as some policymakers…
Dallas Fed says inflation surge badly eroding many American’s wage gains
By Michael S. Derby NEW YORK (Reuters) – Americans’ wages are losing ground to inflation at a steep rate, a report on Tuesday from the Federal Reserve Bank of Dallas said, a…
Florida governor says storm surge from Hurricane Ian has likely peaked
(Reuters) – Florida Governor Ron DeSantis said on Wednesday evening that the storm surge from Hurricane Ian had likely peaked but that damage would likely be inflicted across the state. (Reporting by…
UK 30-year yields hit highest since 2002, extending post-tax cuts surge
LONDON (Reuters) -Yields on British government debt surged to new multi-year highs on Tuesday, led by 20 and 30-year bonds, adding to their steep climb since finance minister Kwasi Kwarteng announced sweeping…
Euro zone inflation confirmed at 9.1% as energy, food prices surge
BRUSSELS (Reuters) – Euro zone inflation hit another record high of 9.1% in August, EU statistics office Eurostat confirmed on Friday, driven by sharply higher energy and food prices, and was likely…
Swedish inflation surge paves way for big Riksbank hike
STOCKHOLM (Reuters) – Swedish inflation surged again in August, with Wednesday’s statistics office data likely to force the central bank into an aggressive rate hike later this month and again in November.…
Sweden Democrat surge a chance and a challenge for right-wing PM hopeful
By Simon Johnson STOCKHOLM (Reuters) – Moderate leader Ulf Kristersson’s big bet that a deal with the anti-immigration Sweden Democrats would make him prime minister looks likely to pay off, but squabbling…
Flight searches to London from U.S. surge after Queen Elizabeth’s death
(Reuters) – Travel startup Hopper said on Friday it had noticed a surge in flight searches to London from the United States following the death of Queen Elizabeth. In the hour of…
UK house price surge to end as cost of living crisis bites – Reuters poll
By Jonathan Cable LONDON (Reuters) – The surge in British house prices will come to an end next year as the cost of living crisis and rising borrowing costs put the brakes…
Dollar’s historic surge may be music to Fed’s ears: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) – The dollar is soaring against the world’s major currencies, heading for its biggest calendar year rise in almost 40 years and third biggest since President…
Aussie coal miners eye record profits, shareholder returns as prices surge
By Tejaswi Marthi and Harish Sridharan (Reuters) – Australia’s biggest listed coal miners are expected to report record annual profits this week, underpinned by soaring commodity prices, even as they grapple with…
Zimbabwe blames measles surge on sect gatherings after 80 children die
HARARE – A measles outbreak has killed 80 children in Zimbabwe since April, the ministry of health has said, blaming church sect gatherings for the surge. In a statement seen by Reuters…
Crypto derivatives volumes surge to $3.12 trillion in July – CryptoCompare
By Elizabeth Howcroft LONDON – Cryptocurrency derivatives trading on centralised exchanges rose to $3.12 trillion in July, a 13% monthly increase, researcher CryptoCompare said on Thursday, as crypto prices show signs of…
Australia business activity booms in July, costs surge
By Wayne Cole SYDNEY – A measure of Australian business confidence rebounded in July as sales and profits held up surprisingly well in the face of rising interest rates and high inflation,…
Philippines trade deficit at $5.84 billion as imports surge
MANILA – The Philippines posted a $5.84 billion trade deficit in June, the widest gap based on data running from January 2020, government figures showed on Tuesday, ahead of the release of…
Citigroup’s Russia exposure climbs on rouble surge
(Reuters) – Citigroup Inc said its total exposure to Russia rose by $500 million in the second quarter due to a rise in the value of the rouble. The Wall Street bank…
Analysis: Some investors doubt summer surge in corporate bonds will last
By Davide Barbuscia NEW YORK – A roaring rebound in U.S. corporate bonds is being met with skepticism by some investors, who believe the gains may be short-lived as recession fears dampen…
Bank of England probes the persistence of UK’s inflation surge
LONDON – The Bank of England says it will act forcefully if needed to stop the surge in inflation from turning into a long-term problem, meaning it could deliver a rare half-percentage…
Green Stocks Surge After Dems Agree On Multi-Billion Dollar Spending Package
Green Stocks Surge After Dems Agree On Multi-Billion Dollar Spending Package Jack McEvoy on July 29, 2022 Green energy shares spiked on Thursday after Sen. Joe Manchin of West Virginia agreed to…
Mexico Pledges $1.5 Billion To U.S. For Border Security Amid Migrant, Drug Surge
Mexico Pledges $1.5 Billion To U.S. For Border Security Amid Migrant, Drug Surge Jennie Taer on July 13, 2022 Mexican President Andres Manuel Lopez Obrador pledged $1.5 billion for U.S. border security…
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…
Israel finance ministry trims GDP forecasts but sees surge in tax income
By Steven Scheer JERUSALEM -Israel is on track to collect 45.5 billion shekels ($13 billion) more than initially expected in revenue in 2022, the Finance Ministry said on Thursday as it also…
Australia job vacancies surge as firms struggle to find staff
SYDNEY – Job vacancies in Australia surged to all-time highs in the May quarter as firms struggled to find staff amid a tightening labour market, another sign interest rates are likely to…
Millions risk undernourishment as wheat prices surge, FAO and OECD warn
PARIS – The war in Ukraine that has stalled its wheat exports will keep global prices high into the 2022/23 season, putting millions more people at risk of undernourishment, the United Nations’…
TPG to acquire remaining stake in Convey Health, shares surge
By Chibuike Oguh NEW YORK – Private equity firm TPG Inc agreed to acquire all the outstanding shares of Convey Health Solutions Holdings it does not already own, in an all-cash transaction…
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