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…
U.S. heading into shallow recession, no respite from rate hikes yet: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) – The U.S. economy is heading into a short and shallow recession over the coming…
Cash use slips to just 15% of British purchases in 2021
By David Milliken LONDON (Reuters) – British shoppers used cash in only 15% of transactions in 2021, half the level…
U.S. SEC issues new guidance on disclosing crypto risks
By Chris Prentice (Reuters) -The U.S. securities regulator on Thursday advised public companies to examine whether they need to disclose…
Walmart plans to offer BNPL loans through its fintech venture – report
(Reuters) – The fintech venture backed by Walmart Inc is planning to launch buy now, pay later loans as soon…
Lululemon sees downbeat quarter as inflation-hit consumers turn cautious
By Ananya Mariam Rajesh (Reuters) -Lululemon Athletica Inc on Thursday forecast holiday-quarter revenue and profit largely below analysts’ estimates, as…
Britain to lay out financial reforms to ‘turbocharge’ growth
By Huw Jones LONDON (Reuters) – Britain will set out reforms on Friday to ease bank capital rules, one of…
New York Fed taps insurance exec for new second in command
By Michael S. Derby NEW YORK (Reuters) – The New York Federal Reserve has tapped an insurance industry executive as…