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Explainer-Charting the Fed’s policy path

BY Reuters  • August 4, 2023August 4, 2023
(Reuters) – Investors are increasingly of a mind that the U.S. Federal Reserve has delivered the final installment of what has been most aggressive policy-tightening cycle in four decades, but c[...]
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Business Economy Updated US

US banks’ residential mortgages face mandates exceeding global standards – Bloomberg News

BY Reuters  • July 19, 2023July 19, 2023
(Reuters) -U.S. bank regulators are set to release their plans next week for a sweeping overhaul of capital rules, with the latest draft including requirements for large lenders’ residential mor[...]
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Business Economy Updated US

Bank results lift stocks; Dow up for seventh straight session

BY Reuters  • July 18, 2023July 18, 2023
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks advanced on Tuesday, partly boosted by a round of solid bank earnings which helped put the Dow on track for its longest streak of daily gain[...]
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Business Economy Updated US

Global shares rise, dollar rebounds as Fed seen on target for rate hike

BY Reuters  • July 18, 2023July 18, 2023
By Herbert Lash NEW YORK (Reuters) – The dollar rebounded off a 15-month low and global stock markets rose on Tuesday as upbeat earnings on Wall Street and retail sales pointing to a resilient U[...]
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Asia Business Economy Europe Top News Updated US

Dollar bounces from 15-month low on strong core U.S. retail sales

BY Reuters  • July 18, 2023July 18, 2023
By Karen Brettell NEW YORK (Reuters) – The U.S. dollar rose from a 15-month low against a basket of currencies on Tuesday after core retail sales saw strong gains in June, as investors wait on t[...]
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US retail sales rise moderately; economy plodding along

BY Reuters  • July 18, 2023July 18, 2023
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales rose less than expected in June as receipts at service stations and building material stores declined, but consumers boosted or maintai[...]
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Business Economy Top News Updated US

Healthy US consumers shrug off recession concerns, for now

BY Reuters  • July 18, 2023July 18, 2023
By Nupur Anand NEW YORK (Reuters) – U.S. consumers are still keeping up with their loan payments despite rising costs and a worsening economic outlook, according to executives at the largest U.S[...]
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Business Economy US

US manufacturing output falls in June; rebounds in second quarter

BY Reuters  • July 18, 2023July 18, 2023
WASHINGTON (Reuters) – Production at U.S. factories unexpectedly fell in June, but rebounded in the second quarter as motor vehicle output accelerated after two straight quarterly declines. Manu[...]
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Business Economy US

US builder confidence hits highest level in over a year

BY Reuters  • July 18, 2023July 18, 2023
By Safiyah Riddle (Reuters) – U.S. home builder sentiment hit a 13-month high in July as limited housing stock continued to drive demand for new houses, according to a survey on Tuesday, but the[...]
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Business Economy US
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