AMSTERDAM (Reuters) – The European Central Bank (ECB) will need to see proof of slowing wage growth in the euro zone before interest rates can be lowered, ECB governing council …
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By Lewis Krauskopf NEW YORK (Reuters) – Assets in money market funds are rising to start the year, challenging some expectations that investors are set to pour cash on the …
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By Akash Sriram (Reuters) – Tesla’s profitability and deliveries will be on top of investors’ minds when the world’s most valuable automaker reports results on Wednesday, days after sharp price …
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By Anne Kauranen and Balazs Koranyi HELSINKI/FRANKFURT (Reuters) – The European Central Bank is making progress in lowering inflation to 2% but needs more evidence before rate cuts come on …
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(Reuters) – Wells Fargo Investment Institute (WFII) boosted its 2024 year-end target for the S&P 500, citing an improved economic outlook and expectations of interest-rate cuts through the year. The …
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(Reuters) – The longer natural gas prices stay lower in 2024 and drilling and related activity pulled back, the market could overshoot to both the downside and upside next year …
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By Davide Barbuscia NEW YORK (Reuters) – A year-end rally in U.S. government bonds has potentially limited further gains in some Treasury maturities, said Rick Rieder, chief investment officer of …
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(Reuters) – Morgan Stanley’s outgoing CEO James Gorman said financial markets will “take off” once investors are sure the Federal Reserve has finished raising interest rates, the Financial Times reported …
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By Sinead Cruise, Iain Withers and Lawrence White LONDON (Reuters) – A mix of global economic unease and geopolitical uncertainty means optimism is in short supply among bankers from the …
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MEXICO CITY (Reuters) – Mexico’s central bank governor said in a newspaper interview published on Monday that easing inflationary pressure meant the Bank of Mexico could start looking at gradually …
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JACKSON TOWNSHIP, NJ – The Jackson Township School District needs to cut staff and reduce costs. That’s the message provided by Jackson Council President Nino Borrelli at Tuesday night’s township …
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By Michael S. Derby NEW YORK (Reuters) – The bond market tumult that has sent real-world borrowing costs surging is unlikely to deter the Federal Reserve from pressing onward with …
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By Rahul Paswan (Reuters) – Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, …
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By Fabian Cambero SANTIAGO (Reuters) – Chile is expected to cut its benchmark interest rate on Friday, the first major Latin American economy to do so since a wave of …
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By Howard Schneider WASHINGTON (Reuters) – The outlook from U.S. Federal Reserve officials at their meeting this week sees interest rate cuts beginning next year, relief, it would seem, from …
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‘Historically Inaccurate’: Bob Good Clashes With MSNBC Host Over Trump Tax Cuts’ Impact On National Debt Harold Hutchison on May 23, 2023 Republican Rep. Bob Good of Virginia clashed with …
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WASHINGTON (Reuters) – U.S. House of Representatives Speaker Kevin McCarthy has floated a plan that would pair $4.5 trillion in spending cuts with a $1.5 trillion increase in the U.S. …
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By Balazs Koranyi WASHINGTON (Reuters) – The European Central Bank should speed up the reduction of its balance sheet and could stop reinvesting cash from debt maturing in its largest …
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Republican Jewish Coalition Cuts Ties With GOP Rep Who Lied About Being Jewish Kate Anderson on December 27, 2022 The Republican Jewish Coalition (RJC) cut ties with Republican Rep.-elect George …
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By Alistair Smout, Andrew MacAskill and Elizabeth Piper LONDON (Reuters) -Britain’s new government said on Wednesday it would not reverse its vast tax cuts or reduce public spending as it …
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By Alistair Smout and Elizabeth Piper BIRMINGHAM (Reuters) – British finance minister Kwasi Kwarteng will vow on Monday to stay the course with his planned tax cuts but promised an …
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(Reuters) – Oracle Corp has started to lay off employees in the United States, The Information said on Monday, citing a person with direct knowledge of the matter. The publication …
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MOSCOW – Analysts have trimmed their year-end inflation forecasts for Russia and see room for the central bank to continue cutting rates as it tries to blunt the impact of …
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By Kannaki Deka and Isabel Woodford (Reuters) – Mexican cement producer Cemex SAB de CV on Thursday posted a near 2% fall in second-quarter earnings and lowered its full-year operating …
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By Ludwig Burger FRANKFURT -Adidas on Tuesday cut its 2022 earnings target, citing a slower-than-expected recovery in China from pandemic restrictions. In an unscheduled statement, the sporting goods maker said …