NEW YORK (Reuters) – The U.S. dollar may have already seen its highest levels for the year given growing evidence of slowing inflation and a weakening labor market in the world’s largest e[...]
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US
Fed’s Daly: top policy rate of 4.75%-5.25% ‘reasonable’
By Ann Saphir (Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Wednesday said the U.S. central bank’s policy rate could end up in the 4.75%-5.25% range, high enough to[...]
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U.S. business inventories increase moderately in September
WASHINGTON (Reuters) – U.S. business inventories increased moderately in September, suggesting that businesses were becoming more cautious about ordering more merchandise as higher borrowing cos[...]
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Grayscale Bitcoin Trust falls as cryptocurrencies slide again
(Reuters) – Grayscale Bitcoin Trust, the world’s largest bitcoin fund, fell almost 7% on Wednesday, as investors dumped more digital assets after last week’s high-profile unraveling[...]
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U.S. import prices fall further in October
WASHINGTON (Reuters) – U.S. import prices dropped for a fourth straight month in October, weighed down by declining costs for petroleum products and a strong dollar, the latest indication that i[...]
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The case for a “soft” Fed landing may finally be taking hold
By Howard Schneider WASHINGTON (Reuters) – Accumulating evidence that prices are slowing, alongside signs of stretched consumer finances and even the recent layoffs in the technology sector, may[...]
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Marketmind: Shot across the bow
A look at the day ahead in U.S. and global markets from Mike Dolan. The jolt to world markets from Tuesday’s explosion in Poland reminded otherwise buoyant investors that geopolitics remain a ma[...]
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Marketmind: A missile and a manifesto
A look at the day ahead in European and global markets from Ankur Banerjee U.S President Joe Biden said a missile that killed two people in Poland may not have been fired from Russia. That comment wil[...]
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WTO warns of ‘real’ recession risk in some major economies
By Leika Kihara NUSA DUA, Indonesia (Reuters) – The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as the[...]
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