By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she still believes U.S. shelter inflation will continue to ease despite[...]
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October 13, 2023
Factbox-What are global firms with presence in Israel doing after Hamas attack
(Reuters) – Several global companies have temporarily shut some operations in Israel and asked their employees to work from home after the country came under a surprise attack by Palestinian Isl[...]
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UAW says new strikes at Detroit Three will come without notice
By David Shepardson and Joseph White DETROIT (Reuters) -United Auto Workers President Shawn Fain said on Friday that the union will not expand its strike against the Detroit Three automakers at the mo[...]
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Citigroup profit beats estimates on trading, interest payments; CEO pushes overhaul
By Manya Saini and Tatiana Bautzer NEW YORK (Reuters) -Citigroup’s third-quarter profit beat estimates on Friday as it benefited from a surge in trading revenue, investment banking fees and inte[...]
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PNC Financial reports drop in profit, begins job cuts
By Jaiveer Shekhawat (Reuters) -PNC Financial Services Group said on Friday it is cutting about 4% of its workforce and reported a drop in third-quarter profit, as a surge in funding costs offset high[...]
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US consumer sentiment sours; dollar aiding inflation fight
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment deteriorated in October, with households expecting higher inflation over the next year, but labor market strength was likely to c[...]
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Big U.S. banks warn capital hikes could weigh on green energy, equity products
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) – Big bank executives warned a number of products and services could become uneconomical if new proposed bank capital hikes are adopted[...]
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UnitedHealth profit, forecast get lift from stabilizing medical costs
By Bhanvi Satija and Mariam Sunny (Reuters) -Healthcare conglomerate UnitedHealth beat analysts’ estimates for third-quarter profit on Friday, powered by lower-than-expected medical costs at its[...]
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Yellen: met with S.Korean finance minister, looking forward to trilateral with Japan
MARRAKECH, Morocco (Reuters) – U.S. Treasury Secretary Janet Yellen on Friday said she met with South Korean Finance Minister Choo Kyung-ho, and looked forward to a trilateral meeting with Japan[...]
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