Today: October 02, 2024
Today: October 02, 2024

Latest From Reuters

Economy

US jobs growth slows more than expected in October

U.S. job growth slowed more than expected in October in part as strikes by the United Auto Workers (UAW) union against Detroit's "Big Three" car makers depressed manufacturing

US jobs growth slows more than expected in October
Economy

Fed's Kashkari: a lot of uncertainty about what is driving yield curve

Minneapolis Federal Reserve Bank President Neel Kashkari on Friday said there is a lot of uncertainty over what is driving longer-term bond yields, whose rise in September and October helped convince

Fed's Kashkari: a lot of uncertainty about what is driving yield curve
Economy

Marketmind: Stocks clocking best week of the year

A look at the day ahead in U.S. and global markets from Mike Dolan Markets are betting central banks are done hiking interest rates, inflation is falling and corporate earnings are robust - and they

Marketmind: Stocks clocking best week of the year
Economy

Take Five: You (may) have arrived at your destination

Next week will have plenty to keep financial market traders and investors busy, including whether the Federal Reserve really has hit peak rates, another possible rate rise in

Take Five: You (may) have arrived at your destination
Economy

Yellen: U.S. committed to boosting trade, investment with Indo-Pacific

U.S.

Yellen: U.S. committed to boosting trade, investment with Indo-Pacific
Economy

After aggressive rate hikes, big central banks take time out

After almost two years of aggressive monetary tightening, the world's biggest central banks are taking time out before weighing up their next move.

After aggressive rate hikes, big central banks take time out
Economy

US productivity rises at fastest pace in three years in the third quarter

U.S. worker productivity grew at its quickest pace in three years in the third quarter, depressing labor costs.

US productivity rises at fastest pace in three years in the third quarter
Economy

Marketmind: Markets fly on Fed and funding, Apple awaits

A look at the day ahead in U.S. and global markets from Mike Dolan World markets lapped up a combination of steady U.S. interest rates, rejigged Treasury borrowing and lower oil prices - with an eye

Marketmind: Markets fly on Fed and funding, Apple awaits
Economy

Hong Kong central bank leaves interest rate unchanged, tracking Fed move

The Hong Kong Monetary Authority (HKMA) on Thursday left its base rate charged through the overnight discount window unchanged at 5.75%, tracking a move by the U.S.

Hong Kong central bank leaves interest rate unchanged, tracking Fed move
Economy

IMF and Gambia agree new $100 million support package

The International Monetary Fund and Gambian authorities have reached a staff-level agreement on a new three-year support package of around $100 million, the Fund said in a statement

IMF and Gambia agree new $100 million support package
Economy

US job openings remain elevated in September

U.S. job openings increased in September, pointing to persistent labor market tightness that is underpinning the economy and likely to see interest rates staying high for some

US job openings remain elevated in September
Economy

Marketmind: Fed, financing and jobs greet November

A look at the day ahead in U.S. and global markets from Mike Dolan Investors wishing to put a dark October behind them first need to negotiate Wednesday's Fed policy decision, Treasury's debt sale

Marketmind: Fed, financing and jobs greet November
Economy

Fed buzz: words to watch for as the Fed sets rates

Federal Reserve policymakers have telegraphed no change to the current 5.25%-5.50% target range for short-term interest rates at their two-day meeting starting Tuesday.

Fed buzz: words to watch for as the Fed sets rates
Economy

US consumer confidence fall further in October

U.S. consumer confidence declined for a third straight month in October amid persistent worries about inflation, higher borrowing costs and the political environment, a survey

US consumer confidence fall further in October
Economy

Marketmind: Refunding relief stokes bond-led bounce

A look at the day ahead in U.S. and global markets from Mike Dolan A more modest yearend schedule of Treasury debt sales than many feared helped bonds rally overnight while the Bank of Japan closed

Marketmind: Refunding relief stokes bond-led bounce
Economy

South Korea economic growth to exceed potential rate in 2024, Yoon says

South Korean President Yoon Suk Yeol said on Tuesday the economy in 2024 would exceed the potential growth rate after picking up pace in the second half of 2023, and pledged closer

South Korea economic growth to exceed potential rate in 2024, Yoon says
Economy

Marketmind: Market bounce sets up Fed-dominated week ahead

A look at the day ahead in U.S. and global markets from Mike Dolan Another Monday bounce in world markets sets up a Fed-dominated week ahead - although the U.S. central bank may not yet have a great

Marketmind: Market bounce sets up Fed-dominated week ahead
Economy

Goldman Sachs no longer sees U.S. govt shutdown in 2023

Goldman Sachs removed its forecast for a U.S. government shutdown this year given new geopolitical risks and the election of a speaker at the House of Representatives, but warned of risks

Goldman Sachs no longer sees U.S. govt shutdown in 2023
Economy

Africa unlikely to follow East Asia's manufacturing growth path -study

African countries are less likely to follow East Asia's development model of expanding manufacturing to pull people out of poverty, according to a study that shows a declining

Africa unlikely to follow East Asia's manufacturing growth path -study
Economy

Argentina says fuel shortages should ease soon, imports arriving

The Argentine government and oil companies on Saturday said fuel shipments are starting to arrive that in coming days should ease a shortage, after a spike in demand caused

Argentina says fuel shortages should ease soon, imports arriving
Economy

Italy to raise taxes for flat owners doing multiple short-term rentals

Italy's government plans to hike taxes on short-term rentals by people letting out more than one flat, a draft of the 2024 budget seen by Reuters showed on Saturday.

Italy to raise taxes for flat owners doing multiple short-term rentals
Economy

US investors extend equity fund sell-off amid rising bond yields

U.S. investors remained net sellers of equity funds in the week to Oct. 25 driven by higher bond yields and concerns over the Israel-Hamas conflict.

US investors extend equity fund sell-off amid rising bond yields
Economy

Fed seen keeping rates on hold well into next year

Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong consumer spending kept some chance of

Fed seen keeping rates on hold well into next year
Economy

Investors scoop up tech stocks and long-dated Treasuries - BofA

Investors have poured money into beaten-down, long-dated U.S. Treasuries and bruised tech stocks in recent days, BofA Global Research said in a note on Friday.

Investors scoop up tech stocks and long-dated Treasuries - BofA
Economy

Marketmind: Amazon and goldilocks ride to the rescue

A look at the day ahead in U.S. and global markets from Mike Dolan At least one of the so-called "Magnificent 7" of top U.S. megacaps was able to ride to the rescue.

Marketmind: Amazon and goldilocks ride to the rescue

Follow