US producer prices rise slightly above expectations in August
WASHINGTON (Reuters) – U.S. producer prices increased slightly more than expected in August amid higher costs for services, but the…
Global rate cutting cycle picking up pace
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Interest rate cuts from major central banks are well underway, with…
IMF says appropriate for U.S. Fed to start easing cycle as economy slows
WASHINGTON (Reuters) – The International Monetary Fund said on Thursday it was appropriate for the U.S. Federal Reserve to begin…
US Treasury reports $380 billion August budget deficit
WASHINGTON (Reuters) – The U.S. Treasury on Thursday reported a $380 billion federal budget deficit for August, a massive shift…
EU rejects minimum price offers from Chinese EV exporters
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission said on Thursday it had received offers from electric vehicle makers in…
Wall Street reacts to the latest US inflation data
Investing.com — Wall Street analysts reacted to the latest US inflation data, highlighting its impact on upcoming Federal Reserve decisions…
Column-Does central bank independence really exist?: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – Debate over the Federal Reserve’s independence is bubbling up again and could become…
Haitian immigrants fueled Springfield’s growth – and now a US presidential debate
By Howard Schneider Springfield, Ohio (Reuters) – Rose Joseph and Banal Oreus followed different paths from Haiti to this struggling…
Bank dividends catapult Q2 global payouts to record highs
Banks continued to propel global dividends to record highs in the second quarter of 2024 as higher interest rates boosted…
FCC chair wants more competition to SpaceX’s Starlink unit
By David Shepardson WASHINGTON (Reuters) -Federal Communications Commission chair Jessica Rosenworcel said Wednesday she wants to see more competition to…