Global trade could climb 3% in 2025 if MidEast conflicts contained, WTO says
GENEVA (Reuters) – The World Trade Organization on Thursday nudged up its forecast for global trade volumes this year and…
S&P 500 earnings to put investor focus on tech, AI
By Caroline Valetkevitch NEW YORK (Reuters) – Investors will be looking for evidence that investment in artificial intelligence among S&P…
Hurricane Milton kills four, destroys homes in Florida, but worst scenario avoided
By Leonara LaPeter Anton and Brad Brooks ST. PETERSBURG, Florida (Reuters) – Hurricane Milton marched across Florida on Thursday, whipping…
Fed’s Williams reckons more rate cuts lie ahead, amid solid economy
By Michael S. Derby (Reuters) – Federal Reserve Bank of New York President John Williams said Thursday he expects more…
Air Canada pilots ratify labor deal, eliminating risk of strike
By Allison Lampert MONTREAL -Air Canada pilots have voted to ratify a new four-year labor deal with the country’s largest…
Wall Street reacts to hotter-than-expected September CPI data
The U.S. inflation report for September sparked mixed reactions on Wall Street as analysts weighed in on the implications for…
US 30-year mortgage rises to 6.32%, biggest weekly gain since April, Freddie Mac says
(Reuters) – The average rate on the popular U.S. 30-year mortgage rate increased to 6.32% this week, its largest one…
German economy expected to contract again in 2024, economy minister says
By Maria Martinez BERLIN (Reuters) – Germany’s economy is expected to contract by 0.2% in 2024, the economy ministry said…
US FAA could approve SpaceX Starship 5 license this month, source says
By David Shepardson and Marisa Taylor WASHINGTON (Reuters) – The Federal Aviation Administration could approve a license for the launch…
China-EU team to continue talks after bloc’s ruling on Chinese EVs, state media reports
BEIJING (Reuters) – China has recently engaged in “intensive communications” with the United States and the European Union on electric…