(Reuters) -Credit ratings agency S&P on Friday cut Hungary’s long- and short-term foreign and local currency ratings to ‘BBB-/A-3’ from ‘BBB/A-2’, citing persistently[...]
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January 27, 2023
Wall Street ends higher, notches weekly gains as Fed meeting looms
By Stephen Culp NEW YORK (Reuters) – Wall Street advanced on Friday, marking the end of an rocky week in which economic data and corporate earnings guidance hinted at softening demand but also e[...]
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Stocks, dollar gain on allure of Fed soft landing
By Herbert Lash NEW YORK (Reuters) -World stocks rallied and the dollar edged up from eight-month lows on Friday as slowing inflation data raised hopes the Federal Reserve can engineer an economic sof[...]
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U.S. seeks to advance Americas economic plan with partners
By Matt Spetalnick WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken joined with counterparts from across the Americas on Friday seeking to advance efforts to forge a regional econom[...]
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Oil prices settle lower on stronger supply outlook
By Laura Sanicola (Reuters) -Oil prices settled lower on Friday, making their weekly finish flat to lower, as indications of strong Russian oil supply offset better-than-expected U.S. economic growth[...]
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Dollar clings to gains after U.S. data; traders eye Fed next week
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar clung to modest gains against the euro on Friday after data showed falling U.S. consumer spending and cooling inflation, and as investors awaited a[...]
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Colombia raises interest rate to 12.75%, may not be final hike
By Nelson Bocanegra BOGOTA (Reuters) -Colombia’s central bank board raised the benchmark interest rate by 75 basis points to 12.75% on Friday, a softer increase than expected by a majority of an[...]
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U.S. consumer spending ends 2022 on weaker footing; inflation slowing
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending fell for a second straight month in December, putting the economy on a lower growth path heading into 2023, while inflation contin[...]
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China, U.S. spar at WTO meeting over disputes
By Emma Farge GENEVA (Reuters) -China and the United States exchanged sharp criticism at a World Trade Organization meeting on Friday, with Beijing calling Washington a “unilateral bully”[...]
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