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,...
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...
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...
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...
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...
America’s biggest warehouse is running out of room. It’s about to get worse
SAN BERNARDINO, Calif., Aug 2 (Reuters) – America’s largest warehouse market is full as major U.S. retailers warn of slowing sales of the clothing, electronics,...