By Sinéad Carew and Joice Alves NEW YORK/LONDON (Reuters) – Trading in the dollar and the euro was volatile on Tuesday, with both currencies trading below their session highs as investors tried[...]
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Business
Port of Los Angeles October imports tumble, pressured by labor worries
By Lisa Baertlein LOS ANGELES (Reuters) – October volume at the busiest U.S. seaport fell to its lowest level since 2009 as shippers sent cargo to alternate trade gateways to avoid potential dis[...]
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Spain’s core inflation expected to slow down in coming months, minister says
MADRID (Reuters) – Spain’s government expects core inflation to start slowing down in the coming months, Economy Minister Nadia Calviño said on Tuesday. Spain’s 12-month core inflati[...]
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U.S. Chamber urges Congress to avert rail strike, extend Boeing 737 MAX deadline
By David Shepardson WASHINGTON (Reuters) -The U.S. Congress should prevent a potential rail strike and extend a Boeing 737 MAX 7 and 10 certification deadline before lawmakers end work for the year, t[...]
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Biden requests $9.25 billion for COVID, $37.7 billion for Ukraine from Congress -officials
By Jeff Mason WASHINGTON (Reuters) -The Biden administration is asking Congress for $9.25 billion to fight COVID-19 and an additional $37.7 billion to support Ukraine in its war with Russia as part of[...]
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Euro loses ground after reports Russian missile hit Poland
(Reuters) – The euro regained some lost ground after falling sharply against the U.S. dollar on Tuesday following reports that Russian missiles had hit Poland and killed two people. The euro was[...]
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Swiss National Bank Chairman hints again at future rate hikes
By John Revill ZURICH (Reuters) -The Swiss National Bank gave another strong hint on Tuesday that it will raise interest rates again when its chairman Thomas Jordan said that current monetary policy w[...]
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Fed’s Barr: Concerned about blowback to financial system from crypto
By Ann Saphir and Dan Burns (Reuters) -Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector, including cryp[...]
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Slower U.S. producer price growth adds to improving inflation outlook
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices increased less than expected in October as services fell for the first time in nearly two years, offering more evidence that inflati[...]
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