Moody’s turns negative on US credit rating, draws Washington ire
NEW YORK/WASHINGTON, Nov 10 (Reuters) – Moody’s on Friday lowered its outlook on the U.S. credit rating to “negative” from “stable” citing large fiscal deficits...
US small business sentiment declines moderately -NFIB
Barber Sal Martinez cuts 42-year-old customer Tom Torres?s hair at his Los Angeles Rams themed barber shop, ahead of the Super Bowl in Westminster, California,...
Maersk warns of slower demand for container shipping
COPENHAGEN, Aug 4 (Reuters) – Shipping group A.P. Moller-Maersk (MAERSKb.CO) warned on Friday of a steeper decline in global demand for shipping containers by sea...
Fed set to launch long-awaited instant payments service, modernizing system
July 20 (Reuters) – The U.S. Federal Reserve is due to imminently launch a long-awaited service which will aim to modernize the country’s payment system...
India ties up with UAE to settle trade in rupees
NEW DELHI, July 15 (Reuters) – India has signed an agreement with the United Arab Emirates that will allow it to settle trade in rupees...
Risks lie ahead for US credit standing after tentative debt ceiling deal
NEW YORK, May 30 (Reuters) – News of a debt ceiling agreement still leaves uncertainties on the U.S. credit outlook, analysts said, in addition to...
Gold ticks up with focus on US inflation data
U.S. banks report tighter lending standards – Fed survey U.S. CPI for April due on Wednesday Palladium up more than 4% May 8 (Reuters) –...
Global equity funds see biggest weekly outflow in five weeks
May 5 (Reuters) – Global equity funds suffered massive outflows in the week to May 3, hit by weak economic data and worries over a...
Germany at a standstill as huge strike halts planes and trains
Unions launch 24-hour strike, biggest since 1992 Germany’s largest airports suspend flights Workers demand better pay to withstand price rises Inflation at near double digits...
Wall St heads for big weekly drop as investors sweat rate hikes
PCE index up 0.6% m-o-m in Jan after 0.2% rise in Dec Boeing slides on 787 Dreamliner jets temporary halt Adobe falls as DoJ to...