By Sarupya Ganguly BENGALURU (Reuters) – U.S. home prices will rise relatively modestly this year and next despite tight supply and expected U.S. Federal Reserve interest rate cuts, according to[...]
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US dollar rises broadly as inflation data underpins smaller Fed cut
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar gained on Friday after data showed a key inflation measure came in line with forecasts, while personal spending and income increased, su[...]
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Brazil targets banks in income tax hike bill
BRASILIA (Reuters) – Brazil’s government submitted a bill to Congress on Friday that increases some income taxes as part of a revenue-raising effort, including a more pronounced rate hike[...]
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Oil settles $1 down as supply set to rise, uncertainty around Fed rate cuts
By Georgina McCartney HOUSTON (Reuters) -Oil prices retreated on Friday as investors weighed expectations of a rise in OPEC+ supply starting in October, alongside dwindling hopes of a hefty U.S. inter[...]
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Solid US consumer spending pushes against hopes for hefty Fed rate cut
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-[...]
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Brazil’s government to end 2024 within fiscal target tolerance band, finance minister says
BRASILIA (Reuters) – Brazil Finance Minister Fernando Haddad said on Friday that the government should close this year within the tolerance band of its fiscal target if Congress approves the com[...]
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Factbox-How Trump would seek to dismantle Biden’s climate legacy
(Reuters) – Donald Trump’s presidential campaign has laid out an energy policy platform centered around maximizing U.S. fuel and power output, in part by dismantling the Biden administration’s c[...]
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RTX fined $200 million for exports to China and others, US says
By Mike Stone WASHINGTON (Reuters) -RTX Corp will pay a $200 million fine to settle allegations that the aerospace and defense company violated export laws by exchanging data and products with prohibi[...]
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Mazda North America names Tatsuro Omura as CFO
(Reuters) – Mazda on Friday named Tatsuro Omura as the chief financial officer of its North American operations. Omura previously served as the automaker’s general manager for business str[...]
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