Wall St gains over 1% after encouraging inflation data with Fed next
Nasdaq posts biggest January gain since 2001 U.S. labor cost growth slows in fourth quarter Exxon, UPS rise after results, Caterpillar slumps Fed decision on...
Japan PM says can’t rule out return of deflation despite price spike
TOKYO, Jan 27 (Reuters) – Japanese Prime Minister Fumio Kishida said on Friday that a return to deflation in the world’s third-largest economy cannot be...
Putin ally warns NATO of nuclear war if Russia is defeated in Ukraine
Medvedev: nuclear powers don’t lose major wars Medvedev tells NATO to think about the risks Patriarch: desire to destroy Russia would mean end of the...
More than half of German companies report labour shortages
BERLIN, Jan 12 (Reuters) – More than half Germany’s companies are struggling to fill vacancies due to a lack of skilled workers, the German Chambers...
U.S. Senate passes record $858 billion defense act, sending bill to Biden
WASHINGTON, Dec 15 (Reuters) – The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense spending, $45 billion more than...
Credit fund outflows in 2022 unwind last year’s inflows -BofA
LONDON, Dec 2 (Reuters) – Investors have withdrawn $316 billion from credit funds this year, unwinding all of the previous year’s inflows, BofA Global Research...
S&P warns of possible trebling of U.S., European default rates
LONDON, Dec 1 (Reuters) – Credit rating firm S&P Global has warned that speculative-grade U.S. and European corporate default rates are likely to double and...
Credit outlook darkens for non-financial companies, Moody’s says
Debt costs to increase as interest rates rise, hedges expire Lower purchasing power to hit demand in consumer-facing sectors Wage inflation to stay high, fuel...
Investors face unclear outcome in midterms, with questions over spending, regulation
NEW YORK, Nov 9 (Reuters) – Investors on Wednesday were weighing a surprising outcome in the U.S. midterm elections, as a better-than-expected showing by Democrats...
China’s factory activity extends declines as heat, COVID hit output
Employees work on the production line at Jingjin filter press factory in Dezhou, Shandong province, China August 25, 2022. REUTERS/Siyi Liu Register now for FREE...