By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rose on Tuesday after a surprisingly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its inflati[...]
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December 13, 2022
Moldova’s new economy minister pledges pro-business overhaul
By Dan Peleschuk KYIV (Reuters) – Moldova’s new economy minister says he is mapping out long-term reforms and will slash bureaucracy to lay the foundations of a business-friendly economy a[...]
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U.S. dollar tumbles across the board as inflation rise eases
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar nosedived across the board on Tuesday after data showed U.S. consumer price inflation rose less than expected last month, reinforcing[...]
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IMF not expected to discuss Sri Lanka before year-end -sources
LONDON (Reuters) – The executive board of the International Monetary Fund is not expected to formally approve Sri Lanka’s $2.9 billion bailout before year-end, a key step required for the[...]
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U.S. trade chief Tai calls for improvements to African trade program
By David Lawder WASHINGTON (Reuters) – U.S. Trade Representative Katherine Tai told African counterparts on Tuesday that she wants to improve participation in the U.S. trade preferences program[...]
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U.S. existing-home sales to slide to 11-year low in 2023, NAR says
(Reuters) – Sales of previously owned U.S. homes will fall for a second year in 2023 to their lowest annual total since 2012 when the housing market was still in a slow recovery from the sub-pri[...]
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Wall St cautiously optimistic as easing inflation lifts hopes of smaller rate hike
By Lawrence Delevingne (Reuters) -Wall Street stocks jumped on Tuesday – only to temper gains by early afternoon – while Treasury yields fell and the dollar weakened as new U.S. government[...]
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Investors eye year-end rally as stocks pass week’s first test with tame CPI
By Lewis Krauskopf NEW YORK (Reuters) – Investors grew more upbeat about a year-end U.S. stock rally after a softer-than-expected inflation report on Tuesday lifted sentiment a day ahead of a Fe[...]
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U.S. inflation subsiding as consumer prices rise moderately in boost to economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer prices rose less than expected for a second straight month in November amid decreases in the costs of gasoline and healthcare as well as us[...]
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