NEW YORK (Reuters) – U.S. consumer spending increased more than expected in September, while underlying inflation pressures continued to bubble,…
Musk begins his Twitter ownership with firings, declares the ‘bird is freed’
By Sheila Dang and Greg Roumeliotis NEW YORK (Reuters) -Elon Musk has taken ownership of Twitter Inc with brutal efficiency,…
Google plans legal challenge to India’s antitrust crackdown on Android-sources
By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) – Google is planning a legal challenge to block a ruling…
ECB policymakers stick with hike plans even as recession looms
By Balazs Koranyi FRANKFURT (Reuters) – European Central Bank policymakers stood firmly behind plans to keep raising interest rates even…
Fed on track for tens of billions in losses amid inflation fight
By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s aggressive campaign to rein in inflation leaves it on…
Global equity funds receive inflows for first time in 10 weeks
(Reuters) – Global equity funds attracted money inflows in the week ended Oct. 26, bolstered by expectations the Federal Reserve…
Chevron’s $11.2 billion quarterly profit soars past estimates
By Sabrina Valle HOUSTON (Reuters) – Chevron Corp on Friday reported its second-highest ever quarterly profit, blasting past analysts’ estimates,…
Marketmind: Tech melts, buck bounces
A look at the day ahead in U.S. and global markets from Mike Dolan. A brutal week for technology stocks…
Who funded Trump’s Truth Social? Some answers
By Helen Coster and Krystal Hu (Reuters) – Ever since former U.S. President Donald Trump launched a new media company…
Fed may be alert to favoured yield curve alarm :Mike Dolan
By Mike Dolan LONDON (Reuters) -If the U.S. Federal Reserve tends to tighten hard until something breaks, as some investors…