(Reuters) – Directors at three of the Federal Reserve’s 12 regional banks supported a smaller increase in a key emergency borrowing rate than the 75-basis point rate hike the U.S. central[...]
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November 29, 2022
U.S. consumer confidence at four-month low; house price inflation slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence slipped to a four-month low in November, with households less keen to spend on big-ticket items over the next six months amid hi[...]
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Recession may force Fed rate cut in 2023, sending Treasury yields lower -BofA
By Davide Barbuscia NEW YORK (Reuters) – Benchmark U.S. Treasury 10-year yields will fall next year as the Federal Reserve slows monetary tightening and eventually cuts interest rates to stimula[...]
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U.S. Thanksgiving weekend sees record 197 million shoppers -NRF
By Deborah Mary Sophia and Granth Vanaik (Reuters) -Deep discounts on everything from fashion to electronics during the Thanksgiving weekend encouraged more Americans to open their wallets even as inf[...]
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Bank of Russia open to relaxing curbs on non-residents transactions if sanctions eased
MOSCOW (Reuters) – Russia is open to relaxing restrictions on transactions by so-called unfriendly non-residents in exchange for the un-freezing of Russian assets abroad, its central bank said o[...]
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Brazil central govt posts primary budget surplus of $5.8 billion in October
BRASILIA (Reuters) – Brazil’s central government posted a primary budget surplus of 30.8 billion reais ($5.8 billion) in October, Treasury data showed on Tuesday, above the 25.7 billion re[...]
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U.S. judges leery of fired Amazon organizer’s race bias claims
By Daniel Wiessner (Reuters) – A U.S. appeals court on Tuesday seemed unlikely to revive claims that Amazon.com Inc fired New York warehouse worker Christian Smalls, a pivotal figure in a campai[...]
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Credit Suisse rights sell-off spells worst year for its shares
By Danilo Masoni MILAN (Reuters) – Credit Suisse shares slid below 3 Swiss francs on Tuesday as investors dumped rights to subscribe to new shares in a cash call aimed at raising $2.3 billion fo[...]
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Europe’s STOXX 600 closes slightly lower; focus on euro zone inflation data
By Susan Mathew and Devik Jain (Reuters) – Europe’s STOXX 600 index slipped in cautious trading on Tuesday as a fall in technology and chemicals stocks offset a rally in commodity-linked s[...]
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