By Paul Sandle and Sarah Young LONDON (Reuters) – London is losing out to Paris and Milan as a tourist destination for high-spending shoppers over the lack of a tax incentive, British luxury bra[...]
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Gobble, gobble, gulp! Food prices put the bite on U.S. Thanksgiving feast
By Howard Schneider WASHINGTON (Reuters) – Let the sticker shock begin: The upcoming U.S. Thanksgiving holiday, a time when families and friends typically celebrate with groaning sideboards, a s[...]
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J.P.Morgan predicts a mild U.S. recession next year
(Corrects to add story identifier) (Reuters) -J.P.Morgan economists predict a “mild recession” in the United States in the back half of next year given expectations for the Federal Reserve[...]
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Tyson Foods ends COVID-19 vaccine mandate for employees
By Tom Polansek CHICAGO (Reuters) – Tyson Foods Inc confirmed on Wednesday it eliminated a requirement that employees receive COVID-19 vaccinations, a step the company said improved meatpacking[...]
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UK banks say consumer safeguard could backfire in cost of living crisis
By Huw Jones LONDON (Reuters) – Britain’s banks are proactively helping customers hit by the cost of living crisis, but implementing a new “consumer duty” on time could exclude[...]
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Marketmind: Your Daly reminder – don’t fight the Fed
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The battle lines between stock markets and the Fed are clearly drawn, and worryingly for investors sti[...]
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U.S. House committee to hold hearing on collapse of FTX
By David Shepardson WASHINGTON (Reuters) -The U.S. House Financial Services Committee said Wednesday it plans to hold a hearing in December to investigate the collapse of cryptocurrency exchange FTX.[...]
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United Airlines expects busiest travel day since start of COVID this Thanksgiving
By David Shepardson WASHINGTON (Reuters) – United Airlines said Wednesday it expects to carry 5.5 million passengers during the Thanksgiving travel period, up about 12% over 2021. The U.S. carri[...]
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Trump’s 2024 presidential bid a fresh wrinkle for markets
By David Randall NEW YORK (Reuters) -Former President Donald Trump’s entry on Tuesday into the 2024 presidential race confirmed the world’s “worst kept secret” and created anot[...]
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