BUENOS AIRES (Reuters) – Analysts polled by Argentina’s central bank forecast annual inflation this year at 149%, above the 126% expected in the previous poll, according to the monthly sur[...]
Read more
June 9, 2023
U.S. stocks end a tad higher as Tesla rallies
By Sruthi Shankar, Shristi Achar A and David Carnevali (Reuters) – The S&P 500 closed higher on Friday but off session highs, as a Tesla rally failed to galvanize the broader market on the e[...]
Read more
US House Republicans unveil broad package of tax cuts
By Richard Cowan WASHINGTON (Reuters) -Republicans in the U.S. House of Representatives on Friday unveiled a series of new tax breaks aimed at businesses and families while proposing to reverse some o[...]
Read more
World shares at 13-month peak as Wall St scales 2023 highs
By Naomi Rovnick and Koh Gui Qing NEW YORK/LONDON (Reuters) -U.S. shares struck new highs for the year on Friday and helped lift world stocks to a 13-month peak, as rising bets that the Federal Reserv[...]
Read more
Dollar gains before Fed meeting, inflation data
By Karen Brettell NEW YORK (Reuters) – The dollar bounced off two-week lows on Friday as investors awaited inflation data and the Federal Reserve’s interest rate decision next week for any[...]
Read more
Instant View: Expert and industry views on Pakistan’s Federal budget for FY24
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan presented its federal budget for the next fiscal year, one of three measures the International Monetary Fund (IMF) will gauge before releas[...]
Read more
U.S. ‘aspirational’ shoppers are spending less on fashion, jewelry
By Katherine Masters NEW YORK (Reuters) – A gulf in spending patterns between wealthy Americans and so-called “aspirational” shoppers is driving luxury retailers to search out new so[...]
Read more
Oil posts second weekly decline as demand concerns overshadow Saudi cut
By Shariq Khan BENGALURU (Reuters) – Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as disappointing Chinese data added to doubts about demand[...]
Read more
France strong-arms big food companies into cutting prices
By Benoit Van Overstraeten and Leigh Thomas PARIS (Reuters) -French shoppers should pay less for their food from next month, Finance Minister Bruno Le Maire said on Friday, after he secured a pledge f[...]
Read more