(Reuters) – U.S. investors reduced holdings in equity funds, shifting to money market funds amid caution before key payroll reports, as a stock market rally eased and they awaited further …
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By Lucinda Elliott MONTEVIDEO (Reuters) – Uruguay’s central bank is likely to cut its benchmark interest rate again at its next monetary policy meeting in October as inflation has fallen …
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By Dan Williams JERUSALEM (Reuters) – Prime Minister Benjamin Netanyahu has offered Israeli military reservists protesting against his judicial overhaul plan a nominal olive branch, cooling his earlier censure of …
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By Karin Strohecker and Jorgelina do Rosario LONDON (Reuters) – Investors are eyeing gains in emerging markets stocks and a cooling of their currencies amid an unprecedented global decoupling in …
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Jobs Market Cools Following Unexpectedly High Economic Growth Will Kessler on August 4, 2023 The U.S. added 187,000 jobs in July, less than economists expected, as the unemployment rate fell …
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A look at the day ahead in U.S. and global markets from Mike Dolan After notching a fifth straight month of gains for July, Wall St stocks looked set to …
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LONDON (Reuters) – Pay pressures in Britain’s labour market cooled further in June, according to a survey of recruiters published on Monday that could help ease some of the Bank …
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By Marc Jones LONDON (Reuters) – Hopes among investors of a surge in Turkish markets evaporated on Monday after long-standing President Tayyip Erdogan took a commanding position in Turkey’s elections. …
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A look at the day ahead in U.S. and global markets from Mike Dolan After mega tech earnings inspired the best day for Wall St stocks in almost 4 months, …
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By Michael S. Derby NEW YORK (Reuters) – Federal Reserve lending to financial institutions eased modestly in the latest week, central bank data showed on Thursday, in a sign that …
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Inflation, Still Sky-High, Slightly Cools As Fed Weighs More Rate Hikes John Hugh DeMastri on March 14, 2023 Prices grew 0.4% on a monthly basis in February, falling slightly from …
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WASHINGTON (Reuters) – U.S. single-family home prices in December increased at their slowest pace since the summer of 2020, surveys showed on Tuesday, but tight supply could limit an anticipated …
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NEW YORK (Reuters) – U.S consumer prices barely rose in November amid declines in the cost of gasoline and used cars, leading to the smallest annual increase in inflation in …
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By Anant Chandak BENGALURU (Reuters) – India’s factory activity expanded at its fastest pace in three months in November, a private survey showed on Thursday, signalling resilient demand despite deteriorating …
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By Francesco Canepa and Frank Siebelt FRANKFURT (Reuters) – German banks should avoid making multi-year promises to their shareholders despite bumper profits this year as the outlook for the economy …
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By Lewis Jackson and Byron Kaye SYDNEY (Reuters) -Two of Australia’s top banks have quietly relaxed some home lending standards, banking and mortgage-broking sources said, despite authorities urging prudence in …
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By Shashwat Awasthi and Byron Kaye (Reuters) -Three of Australia’s biggest banks are considering a bid for payment terminals firm Tyro, underscoring the importance of new revenue streams as rising …
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By Gabriel Burin BUENOS AIRES (Reuters) – Brazil’s economy is undergoing a soft landing as consumers tighten their purse strings to cope with high indebtedness on post-pandemic purchases and increasing …
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The animals at Popcorn Park will have a much more comfortable and enjoyable winter after members of the Lacey Moose Lodge donated a van full of blankets and $1,000 to …
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(Reuters) – Citigroup Inc on Friday said it has slightly trimmed its mortgage workforce, due to an internal streamlining of functions. Less than 100 positions were affected, according to Bloomberg …
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(Reuters) – Real estate brokers Compass Inc and Redfin Corp said on Tuesday they will cut jobs as rising mortgage rates and the prospect of aggressive rate hikes eat into …
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By Nichola Saminather TORONTO – Demand for pre-construction condominiums across Toronto has started to soften with rising interest rates, but market- watchers say developers are unlikely to cut prices with …
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By Svea Herbst-Bayliss BOSTON – Third Point liquidated its position in Walt Disney Co during the first quarter, two years after the hedge fund first invested and began urging the …
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By Lucy Craymer WELLINGTON – When Aarti and Gaurav Kathuria were saving for their first home, a three-bedroom townhouse in Auckland, they cut back on eating out and other expenses …
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ROME – Italy’s services sector continued to grow in December, but less quickly than in November, reflecting slightly slower gains in total new work, a survey showed on Wednesday. IHS …