NEW YORK (Reuters) – U.S. savers are being left behind by the Federal Reserve’s aggressive campaign of interest rate rises,…
U.S. business activity weakens further; euro zone downturn eases slightly
By Lucia Mutikani and Jonathan Cable WASHINGTON/LONDON (Reuters) – U.S. business activity contracted for a fifth straight month in November…
U.S. crude inventories fall as fuel stocks build on strong refining activity
By David Gaffen (Reuters) – U.S. crude stockpiles fell while gasoline and distillate inventories both rose substantially last week as…
Mexico’s central bank not about to ‘decouple’ from Fed on rates, board member says
MEXICO CITY (Reuters) – The Mexican central bank is “not ready yet to decouple” from the U.S. Federal Reserve, and…
Key Brazil senator pushing to waive at least $19 billion from spending cap
BRASILIA (Reuters) -Brazilian Senator Marcelo Castro said on Wednesday that a constitutional amendment backed by President-elect Luiz Inacio Lula da…
Explainer-Russia’s tanker fleet too small to bypass oil price cap
By Noah Browning and Julia Payne LONDON (Reuters) – Russia’s oil tanker fleet is too small to fully circumvent a…
U.S. new home sales unexpectedly rise in October
WASHINGTON (Reuters) – Sales of new U.S. single-family homes unexpectedly jumped in October, shrugging off rising mortgage rates and house…
Brazil’s Nubank rolls out Mexican savings accounts, debit card
By Cassandra Garrison MEXICO CITY (Reuters) – Brazil’s Nubank, Latin America’s star financial technology firm, began launching Mexican savings accounts…
Volkswagen strikes below-inflation wage deal, continues German trend
By Jan Schwartz HAMBURG (Reuters) -Volkswagen on Wednesday agreed a two-year wage deal for workers at its western German factories,…
Analysis-In emerging markets, the bulls are back again
By Marc Jones LONDON (Reuters) – After some of the biggest losses in emerging markets on record this year the…