Today: October 01, 2024
Today: October 01, 2024

Latest From Reuters

Business|Economy

Ameriprise Financial's quarterly profit rises on higher fees, AUM

Ameriprise Financial reported a rise in its first-quarter adjusted profit on Monday, helped by higher fees and assets under management (AUM).

Ameriprise Financial's quarterly profit rises on higher fees, AUM
Economy

Fed hawks and doves: what US central bankers are saying

U.S. central bankers have kept their target for short-term borrowing costs in the 5.25%-5.50% range since last July, when they completed their 2022-2023 rate-hike campaign to combat soaring

Fed hawks and doves: what US central bankers are saying
Business|Economy

Coatings maker PPG misses Q1 revenue estimates on lower sales volume

PPG Industries missed first-quarter revenue estimates on Thursday due to sluggish demand in its industrial and performance coating businesses.

Coatings maker PPG misses Q1 revenue estimates on lower sales volume
Economy

G20 to review multilateral development banks reform roadmap in October, says Brazil

Brazil's presidency of the G20 will submit a roadmap for reforming multilateral development banks for approval by member countries at the finance track meetings scheduled for

G20 to review multilateral development banks reform roadmap in October, says Brazil
Economy

Basel Chair urges banks to fully implement capital rules as soon as possible

Basel Committee Chair Pablo Hernandez De Cos on Thursday urged banks to fully implement the so-called Basel III international capital rules "as soon as possible" across

Basel Chair urges banks to fully implement capital rules as soon as possible
Economy

IMF, World Bank cite significant progress in debt restructuring cases

The International Monetary Fund, World Bank and current G20 president Brazil said on Wednesday there had been significant progress on global debt issues in recent months, citing

IMF, World Bank cite significant progress in debt restructuring cases
Economy

Futures inch up on megacap support; earnings, Fed comments on tap

U.S. stock index futures rose on Wednesday as most megacap growth stocks gained, while investors awaited earnings and commentary from the central bank's policymakers to gauge how corporate

Futures inch up on megacap support; earnings, Fed comments on tap
Economy

UN trade body warns of further economic slowdown this year

The global economy faces a further slowdown this year, hit by falling investment and subdued trade dynamics, the United Nations trade body warned on Tuesday before spring meetings

UN trade body warns of further economic slowdown this year
Economy

Sterling holds at five month low after wage data

The pound stayed at a five month low versus the dollar on Tuesday, extending declines slightly after data showed British wages excluding bonuses grew by 6.0% in the three months to

Sterling holds at five month low after wage data
Economy

Fed's reverse repo facility shrinks rapidly, lowest in nearly three years

A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday.

Fed's reverse repo facility shrinks rapidly, lowest in nearly three years
Economy

Philippine deals with US, Japan will not affect China's investments, Marcos says

Business deals that the Philippines secured at a summit with Japan and the United States will not affect China's investments in the Philippines, President Ferdinand Marcos Jr

Philippine deals with US, Japan will not affect China's investments, Marcos says
Economy

Take Five: Consumers, votes and earnings

U.S. inflation numbers lit a fuse under world markets and forced a sharp re-think on Federal Reserve rate cut bets, so upcoming data and earnings should keep traders nervy just as

Take Five: Consumers, votes and earnings
Economy

Europe could lower rates ahead of Fed, ECB's Holzmann says

The European Central Bank could lower its key interest rate before the U.S. Federal Reserve, ECB Governing Council member Robert Holzmann was quoted as saying on Saturday.

Europe could lower rates ahead of Fed, ECB's Holzmann says
Economy

Powell to update views on policy as inflation remains sticky

Federal Reserve Chair Jerome Powell on Friday will update his views on U.S. inflation and the economy following the release of data showing price increases running faster than

Powell to update views on policy as inflation remains sticky
Economy

Take Five: A shiny new quarter

A tumultuous first quarter is coming to an end and the "buy everything" party is in full swing across markets, but the coming week has a few reality checks that even the most avid

Take Five: A shiny new quarter
Economy

Morning Bid: Unrushed Fed sees out buoyant Q1, dollar revs up

A look at the day ahead in U.S. and global markets from Mike Dolan With Wall St set for its final trading day of a bumper first quarter, the Federal Reserve seems in "no rush" to lower interest rates

Morning Bid: Unrushed Fed sees out buoyant Q1, dollar revs up
Economy

Oil prices fall for a second day as US crude inventories increase

Oil prices fell for a second day on Wednesday after a report that crude stockpiles in the U.S., the world's biggest oil user, surged and on signs major producers are unlikely to

Oil prices fall for a second day as US crude inventories increase
Economy

Greek cenbanker says consensus building in ECB for a June rate cut

European Central Bank policymaker Yannis Stournaras said on Tuesday that consensus was building within the European Central Bank for a rate cut in June, if inflation develops as

Greek cenbanker says consensus building in ECB for a June rate cut
Economy

Morning Bid: March markets serene as Q1 peters out

A look at the day ahead in U.S. and global markets from Mike Dolan Investors appear happy to sit on punchy first quarter stock gains as March drifts to quiet finish, with the dollar back under wraps

Morning Bid: March markets serene as Q1 peters out
Economy

Oppenheimer most bullish in its year-end forecast for S&P 500

Oppenheimer Asset Management on Monday became the most bullish among global brokerages in its year-end target forecast for the benchmark S&P 500, citing resilient economic data and

Oppenheimer most bullish in its year-end forecast for S&P 500
Economy

Intel, AMD fall on report China blocks U.S. chips in state computers

Intel and Advanced Micro Devices fell more than 2% on Monday after a report that China would limit the use of their chips and servers in government computers, potentially threatening

Intel, AMD fall on report China blocks U.S. chips in state computers
Economy

Futures ease at start of holiday-shortened week

U.S. stock index futures edged lower at the start of a holiday-shortened week on Monday, as investors look ahead to speeches from Federal Reserve officials and a key inflation marker later

Futures ease at start of holiday-shortened week
Economy

Romanian state agency turns to AI to help farmers tap EU funds

A Romanian state agency for rural investments is using artificial intelligence to help farmers apply for European Union funds, it said on Monday, a first in one of the EU's least

Romanian state agency turns to AI to help farmers tap EU funds
Economy

Morning Bid: No holiday for US core inflation

A look at the day ahead in European and global markets from Wayne Cole.

Morning Bid: No holiday for US core inflation
Economy

Fed's Bostic scales back to single rate cut on the year, versus two previously

Atlanta Federal Reserve bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest rate cut this year versus two cuts that he had projected

Fed's Bostic scales back to single rate cut on the year, versus two previously

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