News
China’s economy slows in April as output, retail sales disappoint in blow to outlook | HI-99 | "99. 9 FM | The Wabash Valley's Country Station
1+ hour, 34+ min ago (330+ words) BEIJING, May 18 (Reuters) - China's growth lost momentum in April, with industrial output and retail sales both sharply undershooting expectations as the world's second-biggest economy wrestled with higher energy costs from the Iran war and persistentl. .....
China’s April industrial output, retail sales growth miss expectations | HI-99 | "99. 9 FM | The Wabash Valley's Country Station
4+ hour, 41+ min ago (40+ words) BEIJING, May 18 (Reuters) - China's industrial output grew 4. 1% in "April from a year earlier, slowing from the 5. 7% pace in March, official data showed on "Monday. The data "released by the "National Bureau of Statistics (NBS) missed expectations fo. .....
Israel Q1 GDP shrinks 3. 3% annualised as Iran war weighs | HI-99 | "99. 9 FM | The Wabash Valley's Country Station
19+ hour, 57+ min ago (43+ words) JERUSALEM, May 17 (Reuters) - Israel's economy contracted at an annualised rate of 3. 3% in the first "three months of 2026, the Central Bureau of Statistics said on Sunday, as the war against Iran weighed on output. The decline was not as severe as…...
Fed’s Miran says he will vacate board seat on or just before Warsh is sworn in as chair | HI-99 | "99. 9 FM | The Wabash Valley's Country Station
3+ day, 12+ hour ago (44+ words) By Howard Schneider WASHINGTON, May 14 (Reuters) - U. S. Federal Reserve Governor Stephen Miran on "Thursday said he would resign his seat on or shortly before Kevin Warsh is sworn in as the Fed's next chair, "a necessary step "since there is "no…...
Senate confirms Warsh to Fed Board, with Fed chair vote likely Wednesday
5+ day, 9+ hour ago (408+ words) May 12 (Reuters) " The U. S. Senate on Tuesday confirmed Kevin Warsh to a 14-year term as Federal Reserve governor, marking an important step toward his succeeding Jerome Powell as the U. S. central bank's "next leader. Here are some details and context: " The Senate…...
US consumer prices increase further in April
5+ day, 18+ hour ago (461+ words) WASHINGTON, May 12 (Reuters) " U. S. consumer prices rose at a brisk clip for a second straight month in April, resulting in the largest annual increase in inflation in nearly three years and further bolstering expectations the Federal "Reserve would keep interest rates…...
UK consumers cut spending for first time since late 2024, Barclays card data shows | HI-99 | "99. 9 FM | The Wabash Valley's Country Station
6+ day, 7+ hour ago (41+ words) May 12 (Reuters) - British consumers, shaken by the widening economic fallout from the Iran war, cut their spending last month for the first time since November 2024 as they "focused on essentials rather than leisure, a survey showed on Tuesday. Barcl. .....
UK builders hit by biggest surge in cost inflation in nearly four years | HI-99 | "99. 9 FM | The Wabash Valley's Country Station
1+ week, 3+ day ago (92+ words) LONDON, May 7 (Reuters) - British builders saw one of the biggest month-on-month jumps in cost inflation on record in April, according to a survey on Thursday that also showed the Iran war increased delivery delays "and other supply chain difficulties. .. ....
Euro zone services activity slumps in April on weak demand, PMI shows | HI-99 | "99. 9 FM | The Wabash Valley's Country Station
1+ week, 4+ day ago (42+ words) LONDON, May 6 (Reuters) - Euro zone services activity contracted in April for the first time in almost a year, hit by weakening demand and deteriorating export business as the Middle East war weighed on "consumer-facing sectors, a survey showed on Wedn....
Spain should get new seat on ECB board, outgoing VP says | HI-99 | "99. 9 FM | The Wabash Valley's Country Station
2+ week, 1+ day ago (41+ words) FRANKFURT, May 3 (Reuters) - Spain should retain a seat on the European Central Bank's Executive Board and even the presidency was a possibility, outgoing ECB Vice "President Luis de Guindos said in a newspaper interview on Sunday. De Guindos, a forme....