By Helen Coster and Dawn Chmielewski NEW YORK (Reuters) -When Lachlan Murdoch, the eldest son of media titan Rupert Murdoch, was named the sole chairman of News Corp and Fox Corp on Thursday, the announcement put to rest immediate questions…
By Pete Schroeder (Reuters) -The U.S. Securities and Exchange Commission on Friday said Citadel Securities LLC, a Miami-based broker-dealer, had agreed to pay $7 million to settle charges it incorrectly handled millions of orders and violated short-selling rules. The SEC…
By Howard Schneider WASHINGTON (Reuters) - Further Federal Reserve interest rate increases are "not off the table" with inflation still not clearly contained, Boston Federal Reserve President Susan Collins said in remarks on Friday backing the current central bank outlook…
NEW YORK (Reuters) - U.S. business activity showed little change in September, with the vast services sector essentially idling at the slowest pace since February, and overall new order activity slipping to the lowest level this year, a survey published…
(Reuters) - U.S. equity funds suffered substantial outflows in the seven days to Sept. 20, hit by worries that the Federal Reserve would potentially extend the duration of its restrictive monetary policy. According to LSEG data, investors pulled out a…
By Manuel Ausloos and Louise Dalmasso PARIS (Reuters) -Workers at Apple stores in France began a nationwide strike over pay and working conditions on Friday in a protest designed to coincide with the launch of the iPhone 15. It is…
By David Lawder WASHINGTON (Reuters) - The U.S. Treasury Department on Friday said it was formally launching two new U.S.-China working groups on economic and financial issues aimed at providing a regular policy communications forum between the world's two largest…
By Lucy Raitano LONDON (Reuters) -Investors sold stocks at the fastest weekly rate this year in the week to Wednesday, Bank of America Global Research said in a report on Friday. The BofA data captures flows from the run-up to…
By Gavin Jones ROME (Reuters) -Revisions to Italy's economic and public finance data published on Friday offered little help to the government as it prepares a difficult 2024 budget. The Treasury was hoping upward revisions to gross domestic product would…
A look at the day ahead in U.S. and global markets by Mike Dolan Punch-drunk from a bombardment of central bank decisions this week, world markets attempted to stabilise on Friday as fear of an aggressive Federal Reserve was offset…
