(Reuters) -Macy’s Inc said on Friday it expects fourth-quarter sales to come in at the lower end of its forecast, blaming a deeper-than-expected lull in shopping between the season’s major…
NEW YORK (Reuters) – U.S. economic growth rebounded more than expected in the third quarter amid a continued decline in the trade deficit, but that overstates the economy’s health as…
TORONTO (Reuters) – The Bank of Canada announced a smaller-than-expected 50-basis point rate hike on Wednesday and said future increases would be influenced by its assessment of how tighter policy…
NEW YORK (Reuters) – U.S consumer prices increased more than expected in September and underlying inflation pressures continued to build up, reinforcing expectations that the Federal Reserve will deliver a…
NEW YORK (Reuters) – U.S. employers hired more workers than expected in September, while the unemployment rate dropped to 3.5% from 3.7% the previous month, pointing to a tight labor…
By Sameer Manekar (Reuters) – Bearish bets on the Thai baht extended on risks around recession, the Chinese economy, and inflation, while short bets on most Asian currencies eased slightly…
‘We Apologize’: ‘The View’ Takes Back Attacks On Conservative Group Harold Hutchison on July 27, 2022 A co-host of “The View” issued an apology Wednesday to Turning Point USA (TPUSA)…
TOKYO – Japan upgraded its overall view on the economy for the first time in three months in July, signalling a broader recovery in economic activity as the drag from…
By Sameer Manekar and Shashwat Awasthi (Reuters) – Australian iron ore miners Rio Tinto and Fortescue Metals Group Ltd are unlikely to see a repeat of record profits booked in…
TOKYO – The Bank of Japan raised its economic assessment for seven of the country’s nine regions on Monday, saying most areas were seeing damage from the COVID-19 pandemic subside.…
NEW YORK – U.S. job growth increased more than expected in June and the unemployment rate remained near pre-pandemic lows, giving the Federal Reserve ammunition to deliver another 75-basis-point interest…
NEW YORK – A deteriorating inflation situation and concern about lost faith in the Federal Reserve’s power to make it better prompted U.S. central bank officials to rally around an…
TOKYO – Japanese companies expect inflation to stay around the central bank’s 2% target for years to come, a survey showed on Friday, disagreeing with Bank of Japan Governor Haruhiko…
(Reuters) – The U.S. Supreme Court on Monday issued another significant ruling broadening religious rights, siding with a Christian former public high school football coach in Washington state who sued…
(Reuters) – The U.S. Supreme Court on Tuesday issued another important ruling expanding religious rights, siding with two Christian families who challenged a Maine state tuition assistance program that excluded…
By Harish Sridharan (Reuters) – Shares of Australia’s “Big Four” banks fell further on Thursday to hit multi-month lows, as the central bank’s largest interest rate hike in 22 years…
By Mike Dolan LONDON – Markets may be missing the mix. As financial markets parse monetary policy tea leaves by the hour and remain in thrall to the twists and…
By Fergal Smith TORONTO – Canada’s main stock index is expected to advance less than previously thought this year as economic growth slows and central banks raise interest rates, a…
SPRINGFIELD, Mo. – A Mountain View, Mo., man has pleaded guilty in federal court to murdering his estranged wife during an argument when they met in a national park. Dylan…
By Jamie McGeever ORLANDO, Fla. – Being long dollars will no doubt become an overcrowded trade at some point and a reversal will ensue, but for hedge funds right now,…
(Reuters) – The U.S. Supreme Court on Monday sided with a Christian group that sued Boston after officials rejected a request to fly a flag bearing the image of a…
By Shashwat Awasthi (Reuters) – Australia’s “Big Four” banks are set to report a further squeeze on interest margins in their upcoming results dented by growing competition, though the prospect…
TOKYO – Japan’s government upgraded its view of the economy for the first time in four months in April as authorities turned more optimistic about the outlook for private consumption…
(Reuters) – The U.S. Federal Reserve should proceed sensibly in raising interest rates as it waits to see if special factors pushing up inflation begin to recede, Chicago Federal Reserve…
By Jamie McGeever ORLANDO, Fla. – Hedge funds remain bullish on the dollar, holding a net long dollar position in currency futures markets for more than nine months. But remove…