By David Morgan (Reuters) -House Financial Services Committee Chairwoman Maxine Waters told Reuters on Thursday that she is prepared to…
ECB to raise deposit rate by 50 bps on Dec 15 as bloc enters winter recession: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The European Central Bank will take its deposit rate up by 50 basis points…
India inflation likely softened to nine-month low in November: Reuters poll
By Anant Chandak and Milounee Purohit BENGALURU (Reuters) – India consumer price inflation likely cooled to a nine-month low of…
Meta battles U.S. antitrust agency over future of virtual reality
By Katie Paul and Diane Bartz SAN JOSE, Calif./ WASHINGTON (Reuters) -The Biden administration on Thursday accused Meta Platforms Inc…
Oil prices slump as receding price-cap threat unmasks worsening demand: Kemp
By John Kemp LONDON (Reuters) -Global oil prices have tumbled more than 20% as the threat to production from the…
Apple supplier Foxconn’s founder pushed China to ease COVID curbs – WSJ
(Reuters) -Apple supplier Foxconn’s founder Terry Gou had warned China that the government’s zero-COVID stance would threaten the position of…
Hedge fund Third Point adds Bath & Body Works stake, seeks board changes
By Svea Herbst-Bayliss NEW YORK (Reuters) -Hedge fund Third Point has built a stake of just over 6% in Bath…
S&P 500, Nasdaq snap losing streaks after jobless claims rise
By David French (Reuters) – The S&P 500 ended higher on Thursday, snapping a five-session losing streak, as investors interpreted…
When market forecasters should earn their spurs: McGeever
By Jamie McGeever ORLANDO, Fla. (Reuters) -When Yogi Berra famously said it’s difficult to make forecasts, especially about the future,…
Yellen: U.S. can avoid recession, on ‘right track’ to lower inflation
By Andrea Shalal FORT WORTH, Texas (Reuters) – The United States can avoid a recession, given that there is no…