By Stephen Culp NEW YORK (Reuters) – Wall Street shuffled to a modestly higher close on Friday and Treasury yields…
U.S. dollar weakens as risk appetite rises with data showing slowdown
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar slid against most currencies in choppy, thin trading on Friday as…
Italy’s government wins lower house confidence vote on 2023 budget
ROME (Reuters) -The Italian government on Friday comfortably won a vote of confidence in the Chamber of Deputies, which it…
Oil rises $3/bbl after Russia signals output cut due to price cap
By Shariq Khan NEW YORK (Reuters) -Oil prices settled about $3 per barrel higher on Friday for a second straight…
Investors look for ‘Santa Rally’ after grim year in U.S. stocks
By David Randall NEW YORK (Reuters) – Bruised investors are hoping a so-called Santa Claus rally can soften the pain…
Explainer-How did Bankman-Fried secure $250 million bail?
By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried clinched a bail deal on Thursday that would see him released…
IRS delays $600 income reporting rule for U.S. gig workers
WASHINGTON (Reuters) – The U.S. Internal Revenue Service said on Friday it would delay a new rule requiring more extensive…
Elon Musk’s vow to not sell more Tesla stock fails to calm investors
(Reuters) -Tesla Inc shares hit a fresh two-year low in volatile trading on Friday as top boss Elon Musk’s promise…
Analysis-US stock investors face recession fears as they bid good riddance to 2022
By Lewis Krauskopf NEW YORK (Reuters) – A rough year for U.S. stocks is winding down, but the market’s pain…
U.S. consumer spending, inflation rise moderately amid rate hikes
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending barely rose in November, while annual inflation increased at its slowest…