(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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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‘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) …
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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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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(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 …
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(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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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(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 …
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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 …
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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 …
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(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 …
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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 …