By Shariq Khan BENGALURU (Reuters) -Oil prices settled largely unchanged on Wednesday after government data showed a smaller-than-anticipated build in…
Factbox-The U.S. Treasury’s tools to avoid breaching debt limit
WASHINGTON (Reuters) – As a battle between Republicans and Democrats over raising the federal debt ceiling unfolds, the U.S. Treasury…
Mexico same-store sales up 10.6% in 2022, retail group says
MEXICO CITY (Reuters) – Mexican same-store retail sales rose by 10.6% across 2022 compared to the previous year, as the…
U.S. worker shortage denting Freeport-McMoRan’s copper output
(Reuters) -Freeport-McMoRan Inc warned on Wednesday that its struggle to find workers in the United States is limiting the amount…
Analysis-Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
By David Randall NEW YORK (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that…
Microsoft’s dour outlook raises red flags for tech sector
By Nivedita Balu and Tiyashi Datta (Reuters) -Microsoft Corp’s lackluster quarterly outlook points to more gloom ahead for the tech…
Bank of Canada hikes rates, becomes first major central bank to signal pause
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada on Wednesday hiked its key interest rate…
Fed’s Brainard, Treasury’s Adeyemo in running to be Biden’s economic czar, sources say
By Trevor Hunnicutt and Lindsay Dunsmuir WASHINGTON (Reuters) -Federal Reserve Vice Chair Lael Brainard is a contender for the White…
Analysis-U.S. corporate bond rally stumbles on ‘Goldilocks’ skepticism
By Davide Barbuscia and Matt Tracy (Reuters) – A New Year rally in U.S. corporate bonds has started to lose…
Dollar eases as traders look to central banks for cues
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against the euro on Wednesday, but its losses were capped…