By Karen Brettell and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar fell to a two-week low against the euro and a more than four-month low against the Japanese yen in a broad based selloff on Thu[...]
Read more
Articles
Stubbornly High Rental Costs Lift U.S. Consumer Inflation in November
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer prices unexpectedly rose in November as a decline in the cost of gasoline was more than offset by increases in rents, further evidence that the Fe[...]
Read more
Oil Steady Ahead of Interest Rate Decisions, OPEC+ Supply Cut Doubts
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Bond investors are expecting the Federal Reserve this week to temper the market’s conviction that U.S. interest rates will be cut early nex[...]
Read more
Nasdaq to Pay $4 Million Settlement Over Apparent Iran Sanctions Violations
(Reuters) – New York-based stock exchange Nasdaq Inc agreed to pay a $4 million settlement to the U.S. Department of Treasury over apparent violations of sanctions against Iran by a former Nasda[...]
Read moreNew US ETF Launch Set Annual Record
By Suzanne McGee (Reuters) – There have already been 478 new exchange-traded funds (ETFs) launched in the U.S. this year as of Wednesday, a new annual record, according to data from Morningstar.[...]
Read more
Blackrock’s Fink Pushes Back After Firm Criticized in Republican Debate
By David Randall NEW YORK (Reuters) – BlackRock Chief Executive Larry Fink said on Thursday that the firm was unfairly targeted by candidates in the fourth Republican presidential debate, callin[...]
Read more
Airlines See Stable Profits, Record Traveller Numbers in 2024
By Joanna Plucinska GENEVA (Reuters) – Airline profits are set to stabilise in 2024 as continued growth in post-pandemic travel is offset by the high cost of capital and capacity constraints, in[...]
Read more
J&J Says it has Settled Some Talc Claims, will Continue Bankruptcy Strategy
By Brendan Pierson (Reuters) – Johnson & Johnson’s worldwide vice president for litigation said on Tuesday that the company has recently reached settlements with several law firms over[...]
Read more
Kinder Morgan Forecasts Higher 2024 Profit
(Reuters) -Kinder Morgan on Monday forecast higher 2024 earnings as the U.S. pipeline operator bets on growth in its natural gas pipelines and energy transition ventures. Net income attributable to Ki[...]
Read more
Tax-Loss Selling, ‘Santa Rally’ Could Sway u.s. Stocks After November Melt-up
By David Randall NEW YORK(Reuters) -As U.S. stocks sit on hefty gains at the close of a rollercoaster year, investors are eyeing factors that could sway equities in the remaining weeks of 2023, includ[...]
Read more