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...
Shares fall with oil prices amid concerns about U.S. Fed rate hikes
NEW YORK, Feb 17 (Reuters) – The S&P 500 and the Nasdaq finished in the red on Friday and oil prices settled lower after U.S....
Argentine savers ‘drown’ under spiraling prices as inflation hits 99%
BUENOS AIRES, Feb 14 (Reuters) – Argentina’s inflation rate has hit just shy of 100%, the government said on Tuesday, with savers feeling more pain...
U.S. posts $39 billion January deficit after pension fund bailout
WASHINGTON, Feb 10 (Reuters) – The U.S. government posted a $39 billion budget deficit for January after a $119 billion monthly surplus a year earlier,...
United States tells citizens: Leave Russia immediately
MOSCOW, Feb 13 (Reuters) – The United States has told its citizens to leave Russia immediately due to the war in Ukraine and the risk...
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...
Russia seeks ‘new level’ of China ties
MOSCOW, Jan 30 (Reuters) – Russia said on Monday that it wanted to take ties with China to a “new level” and was looking forward...
Analysis: Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
NEW YORK, Jan 25 (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through...
Splits emerge as U.S. House Republicans demand Biden negotiate on debt limit
WASHINGTON, Jan 25 (Reuters) – Republicans who control the U.S. House of Representatives are divided over how hard a line to take on the debt...
U.S. inflation roller coaster prompts fresh look at long-ignored money supply
NEW YORK, Jan 26 (Reuters) – The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a...