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S&P affirms "AA+" credit rating for US, cites economic resilience | 104. 1 WIKY | Adult Contemporary Radio
2+ hour, 17+ min ago (245+ words) June 26 " S&P Global affirmed its "AA+" credit rating for the U. S. on Friday, saying the economy's resilience supported solid fiscal "revenue collection. The ratings agency said it expected "the U. S. economy to grow at around 2% over 2026 to 2029, adding that despite heightened…...
Core inflation in Tokyo accelerates as energy-driven price pressures begin to broaden
1+ day, 2+ hour ago (436+ words) By Makiko Yamazaki and Leika Kihara TOKYO, June 26 (Reuters) " Annual core inflation in Japan's capital accelerated in June, data showed on Friday, a sign of broadening price pressures from the Middle East conflict that keeps the central "bank on track…...
NY Fed official plays down new FOMC language on ample reserves system
2+ day, 2+ hour ago (409+ words) JERSEY CITY, New Jersey, June 24 (Reuters) " A Federal Reserve Bank of New York official involved in implementing monetary policy cautioned on Wednesday against reading too much into language in last week's "Federal Open Market Committee meeting that addressed how the…...
Australia employment rebounds in May, jobless rate eases from 4-1/2-year high
1+ day, 21+ hour ago (381+ words) SYDNEY, June 25 (Reuters) " Australian employment rebounded in May while the jobless rate eased from four-and-a-half-year highs, data showed on Thursday, a sign of resilience that could support a further lift in interest "rates if needed. Separate data showed household spending…...
US consumer sentiment pushes off record lows as gasoline prices ease
2+ week, 4+ hour ago (589+ words) WASHINGTON, June 12 (Reuters) " U. S. consumer sentiment bounced off record lows in early June as easing gasoline prices offered households some relief, though concerns about inflation stoked by the Middle East conflict lingered. Lower-income households led the broad improvement in sentiment reported…...
South Korea Q1 GDP grows 1. 8% q/q, stronger than advance estimate
2+ week, 4+ day ago (110+ words) 104. 1 WIKY South Korea Q1 GDP grows 1. 8% q/q, stronger than advance estimate SEOUL, June 9 (Reuters) " South Korea's economy grew "in the first quarter at a stronger pace than previously "estimated in "April, revised "central bank data showed on Tuesday. Gross domestic…...
UK consumers up their spending in May after April drop
2+ week, 4+ day ago (283+ words) LONDON, June 9 (Reuters) " Consumers in Britain increased their spending in May after reducing it in April, but their expenditure on travel dropped for a third "month in a sign of caution over the "economic impact of the Iran war, surveys…...
Tech stocks dive as Fed bets rattle AI rally
2+ week, 4+ day ago (720+ words) SINGAPORE, June 8 (Reuters) " Asian markets extended last week's bruising selloff with high-flying semiconductor stocks taking the heaviest beating and South Korea's KOSPI sinking more than 4. 5%. U. S. markets fell sharply on Friday when strong jobs data lifted the odds of a rate…...
US first-quarter worker productivity, labor costs revised lower
3+ week, 1+ day ago (297+ words) WASHINGTON, June 4 (Reuters) " U. S. worker productivity growth slowed faster than initially thought in the first quarter, but the underlying trend remained strong and a boost "is expected from businesses adopting artificial intelligence for many "roles. Nonfarm productivity, which measures hourly output…...
Standard Chartered's crypto bull sticks to $100, 000 bitcoin call despite "painful' week
3+ week, 1+ day ago (419+ words) June 4 (Reuters) " Geoffrey Kendrick, the global head of digital assets research at Standard Chartered and one of the most vocal crypto advocates, is sticking with his call for bitcoin to hit $100, 000 by the end of the year "as the bulk…...