Global equity funds see outflows on growth worries; jobs data awaited
(Reuters) – Global equity funds experienced their first weekly outflow in four weeks in the week to September 4, as…
US IRS enforcement efforts recover $1.3 billion in unpaid taxes, Treasury says
WASHINGTON (Reuters) – The U.S. Treasury and Internal Revenue Service said on Friday that they have recovered $1.3 billion in…
US equity funds see major outflows on growth concerns
(Reuters) – U.S. equity funds experienced their largest weekly outflow in 12 weeks by Sept. 4, driven by heightened investor…
Putin thanks Saudi Arabia’s MbS for helping major US-Russia prisoner swap
VLADIVOSTOK, Russia (Reuters) – Russian President Vladimir Putin said on Thursday that he was grateful to Saudi Arabia’s Crown Prince…
Instant view: August US payrolls short of expectations, boosts bigger rate cut view
NEW YORK (Reuters) – STORY: U.S. employment increased less than expected in August, but a drop in the jobless rate…
Citi ‘increasingly convinced’ that the Fed will cut rates by 50 bps in September
The U.S. economy reported an increase of 142,000 new jobs in August, falling short of the anticipated 160,000 jobs. Despite…
Traders see Fed starting with 25 bps cut in Sept
(Reuters) – Traders priced in a quarter-point Federal Reserve interest-rate cut this month, with a bigger move expected at its…
Durov says Telegram will tackle criticism of how it moderates content
By Mark Trevelyan and Martin Coulter LONDON (Reuters) – Telegram boss Pavel Durov said on Friday that the messaging app…
Waller signals Fed is open to bigger cuts
Federal Reserve Governor Christopher Waller said today that the current economic data warrants action, suggesting that the Federal Reserve is…
Wall Street reacts to today’s NFP report: 25 or 50bps cut by the Fed?
The U.S. Bureau of Labor Statistics (BLS) reported that nonfarm payrolls increased by 142,000 in August, a figure that fell…