A look at the day ahead in U.S. and global markets from Mike Dolan If investors were wondering why Federal Reserve rhetoric remains so doggedly hawkish, the latest U.S. consumer price inflation report on Tuesday will likely explain why. According…
(Reuters) - China plans to provide at least 1 trillion yuan ($137.22 billion) of low-cost financing to the nation's urban village renovation and affordable housing programs, Bloomberg News reported on Tuesday, citing people familiar with the matter. The People's Bank…
(Reuters) -Google-parent Alphabet said on Monday it had dissolved its stake in trading app operator Robinhood Markets. The disclosure comes months after Alphabet slashed its stake in the company by nearly 90%. It had around 612,214 Robinhood shares after that…
LONDON (Reuters) -Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in that tug of war. China continues to battle its property demons while it is Italy's turn…
By Shivansh Tiwary and Doyinsola Oladipo (Reuters) -Hospitality workers in Las Vegas reached a tentative labor deal with Wynn Resorts hours before a strike deadline, their unions said on Friday, ending the threat of a labor stoppage against casino operators…
By Granth Vanaik (Reuters) -Black Friday? No. Cyber Monday? Nope. Prime Day? Absolutely not. The world's biggest shopping event happens in China each year - and it's called Singles Day. Originally a holiday to celebrate being single, as a counter…
LONDON (Reuters) - Global investors continued to pour money into cash funds in the week to Wednesday, as higher yields on short-dated debt put cash funds course for record inflows this year, according to Bank of America and data provider…
By Muyu Xu (Reuters) - China's oil imports from Iran have hit record highs as Iran ramps up output despite the threat of further U.S. sanctions. Existing sanctions were implemented over Iran's nuclear programme, and U.S. lawmakers are seeking to…
By Nandita Bose BELVIDERE, Illinois (Reuters) -President Joe Biden on Thursday backed the United Auto Workers' efforts to unionize carmakers Tesla and Toyota and asked auto workers to reject his Republican opponent, Donald Trump. Biden spoke to UAW workers in…
By Chuck Mikolajczak (Reuters) - U.S. stocks closed lower on Thursday, snapping the longest winning streaks for the Nasdaq and S&P 500 in two years, as Treasury yields climbed after a disappointing auction of 30-year bonds and comments from Federal…
