Fed’s Barr: Concerned about blowback to financial system from crypto
Nov 15 (Reuters) – Michael Barr, the Federal Reserve’s top financial regulatory official, on Tuesday said he is concerned about risks from the non-bank sector,...
Factbox: Corporate America braces for large-scale layoffs
Nov 10 (Reuters) – Corporate America is making deep cuts to its employee base as part of its restructuring efforts to navigate a potential downturn...
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...
U.S. small business sentiment falls in October -NFIB
Nov 8 (Reuters) – U.S. small-business confidence edged down in October as stubbornly high inflation weighed on sentiment and more owners forecast a deteriorating outlook...
Gold near 3-week peak on dollar slide; U.S. inflation data in focus
Traders await U.S. inflation data on Nov. 10 Gold rose more than 3% on Friday Dollar hits over one-week low Nov 7 (Reuters) – Gold...
Euro zone downturn deepens, points to winter recession
Euro zone PMI fell to 23-month low in October Price pressures in 19-nation bloc remained high September German industrial orders fell more than expected LONDON,...
Turkey’s inflation hits 24-year high of 85.5% after rate cuts
ISTANBUL, Nov 3 (Reuters) – Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below...
Storm clouds gather over the pound as focus turns back to dire economy
LONDON, Nov 2 (Reuters) – The pound has just staged its biggest monthly rally in a year after shaking off weeks of British political turmoil,...
Central banks ease off on rate hike push in October
LONDON, Nov 2 (Reuters) – The pace and scale of rate hikes delivered by central banks around the globe in October slowed down dramatically following...
Record central bank buying lifts global gold demand, WGC says
LONDON, Nov 1 (Reuters) – Central banks bought a record 399 tonnes of gold worth around $20 billion in the third quarter of 2022, helping...