By Trevor Hunnicutt and David Morgan WASHINGTON (Reuters) – U.S. President Joe Biden and House of Representatives Speaker Kevin McCarthy won’t come to their first meeting over raising the[...]
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January 31, 2023
Veterans of 2011 U.S. debt-ceiling fight see tougher battle ahead
By Andy Sullivan WASHINGTON (Reuters) – A Democratic president. A new Republican majority in the U.S. House of Representatives pushing for sharp spending cuts. A rapidly growing pile of debt[...]
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Oil prices settle steady on higher U.S. demand, weaker dollar
By Shariq Khan BENGALURU (Reuters) -Oil prices closed steady on Tuesday after recovering from a near three-week low, drawing support from a weakening dollar and on data showing that demand for U.S. cr[...]
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Marketmind: Fed games
By Stephen Culp (Reuters) – A look at the day ahead in markets from Stephen Culp, New York stock market reporter. Asian stocks are primed for a green Wednesday on the heels of a broad rally on W[...]
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Stocks gain, yields dip after U.S. data; Fed eyed
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks advanced on Tuesday as it closed out a strong month while U.S. Treasury yields fell as investors assessed economic data and ear[...]
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U.S. labor cost growth smallest in a year
By Lucia Mutikani WASHINGTON (Reuters) – U.S. labor costs increased at their slowest pace in a year in the fourth quarter as wage growth slowed, giving the Federal Reserve a boost in its fight a[...]
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Currency fluctuations’ impact on N. American cos rose sharply in Q3 -report
NEW YORK (Reuters) – The negative impact of currency fluctuations on North American companies’ results rose sharply again in the third quarter of 2022, data from treasury and financial man[...]
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U.S. seeks new dispute panel over Canadian dairy imports
By David Lawder WASHINGTON (Reuters) – The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, charging that Canada was[...]
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Wage data dents dollar recovery before Fed rate decision
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Tuesday, giving up earlier gains, after data showed U.S. labor costs increased less than expected in the fourth quarter, and before the[...]
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