Traders boost bets Fed goes big on Sept rate cut
Traders on Wednesday added to bets the Federal Reserve will start easing in September and go big when it does, even after Fed Chair Jerome Powell said policymakers are not thinking about a
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Traders on Wednesday added to bets the Federal Reserve will start easing in September and go big when it does, even after Fed Chair Jerome Powell said policymakers are not thinking about a
Marlboro maker Altria said on Wednesday it had sent data to the U.S.
Kyiv's sanctions prohibiting the transit of oil from Russian producer Lukoil do not pose a threat to Slovakia's energy security, Ukraine's prime minister said on Wednesday.
Fitch Ratings said on Wednesday it expects the U.S. Federal Reserve to cut interest rates twice this year - in September and December.
BorgWarner beat Wall Street expectations for second-quarter profit and raised its annual earnings forecast on Wednesday as the auto parts supplier benefited from sustained demand, sending
Overall home prices in Australia rose for an 18th straight month in July, but three capital cities recorded a decline in a sign that the red-hot rally in the housing market is
Contracts to buy U.S. previously owned homes rebounded sharply in June as an improvement in supply and some moderation in mortgage rates pulled buyers in from the sidelines.
JetBlue Airways said on Wednesday it agreed to procure sustainable aviation fuel (SAF) from a unit of U.S. refiner Valero Energy Corp, which would be distributed by energy firm World
Brazil's jobless rate remained at its lowest level in a decade in the three months through June, data from statistics agency IBGE showed on Wednesday, as the number of employed
Johnson Controls said on Wednesday that it has started a succession plan for CEO George Oliver, who is set retire, and added a board member following talks with activist
Mastercard beat second-quarter profit expectations on Wednesday and said spending was holding up, reassuring investors worried about customers' financial health after a
Altria missed expectations for quarterly revenue and profit on Wednesday, as the tobacco giant contends with persistent weakness in demand for its cigarette brands.
Delta Air Lines will take a $500 million hit related to the CrowdStrike outage, the carrier's CEO Ed Bastian said in a CNBC interview on Wednesday.
India's fiscal deficit for the first quarter of the financial year that started in April was 1.36 trillion rupees ($16.25 billion), or 8.1% of the estimate for the whole year,
Farm and construction equipment maker CNH Industrial on Wednesday lowered its 2024 profit forecast for the second time, as slowing demand for its tractors and combines
Embattled Chinese property developer Shimao Group said on Wednesday a Hong Kong court had adjourned until Aug. 12 a liquidation hearing against the company, allowing it more time
Euro zone inflation unexpectedly edged up in July, data showed on Wednesday, although a widely watched gauge of price growth in the services sector eased.
A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information in a very short space of time - with a
Singapore Airlines on Wednesday warned that a key revenue metric would remain under pressure this year as rising competition crimps average fares and higher fuel costs dent group profit.
The Japanese government ordered Toyota Motor on Wednesday to make "drastic reforms" after discovering new violations in the automaker's vehicle certification procedures.
The Bank of Japan raised interest rates in a mostly unexpected move on Wednesday and unveiled a detailed plan to slow its massive bond buying, taking another step towards phasing out a
A look at the day ahead in European and global markets from Ankur Banerjee Investors in Europe will wake up to a volatile yen after the BOJ raised interest rates in a long-awaited move and a growing
The Bank of Japan said on Wednesday it is raising its short-term interest rate to 0.25% and will gradually reduce the amount of bonds it is buying under its quantitative easing programme.
The Bank of Japan raised interest rates on Wednesday and projected inflation to stay around its 2% target in coming years, signaling its resolve to steadily unwind a decade of
Japan's Denso, a leading supplier to Toyota, reduced its full-year operating profit forecast by 3.1% on Wednesday after reporting first-quarter profit that was largely in line with