By Amruta Khandekar and Ankika Biswas (Reuters) – The S&P 500 and Nasdaq fell on Wednesday as Target’s dour sales…
Brexit is weighing on UK economy, Bank of England officials say
LONDON (Reuters) – The effects of Brexit are weighing on Britain’s economy, more than six years after voters decided to…
Fed’s Daly: top policy rate of 4.75%-5.25% ‘reasonable’
By Ann Saphir (Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Wednesday said the U.S. central bank’s…
Grab lifts revenue forecast, delivery business breaks even
By Vansh Agarwal (Reuters) – Grab Holdings Ltd bumped up its 2022 revenue forecast on Wednesday as demand booms for…
U.S. business inventories increase moderately in September
WASHINGTON (Reuters) – U.S. business inventories increased moderately in September, suggesting that businesses were becoming more cautious about ordering more…
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…
Tencent to hand $20 billion Meituan stake to shareholders as sales slip
By Josh Ye HONG KONG (Reuters) – China’s Tencent Holdings said on Wednesday it would return capital to shareholders through…
NY Fed: Consumer debt rises in third quarter on strong demand, high inflation
(Corrects first paragraph to say “third quarter” instead of “fourth quarter”) By Michael S. Derby (Reuters) -Americans continued to take…
BoE could deepen UK recession if it raises rates further – Dhingra
LONDON (Reuters) – The Bank of England’s newest interest rate-setter Swati Dhingra said on Wednesday that the British central bank…
Musk to relaunch Twitter’s blue check subscription on Nov 29
(Reuters) -Billionaire Elon Musk said on Tuesday that Twitter’s sought-after blue check subscription service will be relaunched on Nov. 29,…