By Noelle Harff (Reuters) – A new law could help Argentina regulate its booming cryptocurrency market as the country aims to reduce risks such as money-laundering associated with the digital ass[...]
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July 18, 2024
Key U.S. mortgage rate drops to lowest since March, Freddie Mac says
By Makailah Gause NEW YORK (Reuters) – The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since mid-March this week, a welcome development for a h[...]
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Oil prices steady as US rate-cut hopes contend with economic slowdown signals
By Laila Kearney NEW YORK (Reuters) -Oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending with r[...]
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Euro falls after ECB holds rates, dollar climbs after data
By Chuck Mikolajczak NEW YORK (Reuters) -The euro fell on Thursday after the European Central Bank kept rates steady, as was widely expected, while the dollar index climbed after stronger-than-expecte[...]
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Brazil holds 2024 GDP projection at +2.5%, raises inflation forecasts
BRASILIA (Reuters) – Brazil’s Finance Ministry maintained its economic growth projection for this year at 2.5% on Thursday but raised the inflation estimate to 3.9% from 3.7% calculated in[...]
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Fed rate-cut hopes keep gold near record levels
By Rahul Paswan (Reuters) – Gold prices edged higher on Thursday, as expectations of a September interest rate cut from the U.S. Federal Reserve continue to gather momentum. Spot gold was up 0.3[...]
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Aerospace workers challenge planemakers over mandatory overtime
By Allison Lampert (Reuters) – North American aerospace factory workers seeking to reduce mandatory overtime and lock in four-day work weeks are facing some pushback from planemakers trying to i[...]
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Fed’s Logan hails progress in prepping banks for discount window
By Michael S. Derby NEW YORK (Reuters) – Dallas Federal Reserve President Lorie Logan said on Thursday the U.S. central bank is making progress in making sure banks can tap Fed emergency liquidi[...]
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SunPower tumbles nearly 20% after pausing some operations
By Sourasis Bose (Reuters) – SunPower shares plummeted nearly 20% on Thursday after the solar company informed clients that it is pausing some operations, including deactivating lease and power[...]
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