News
Supreme Court ruling, ECB conference likely to further frame Fed chief Warsh's early tenure
12+ hour, 44+ min ago (876+ words) WASHINGTON, June 27 (Reuters) " Federal Reserve Chairman Kevin Warsh's early leadership of the U. S. central bank faces fresh tests this week, with an appearance before a high-profile economic conference in Portugal and the U. S. Supreme Court's expected ruling on the legality of President…...
S&P 500, Nasdaq futures climb as chip stocks stabilize
2+ week, 5+ day ago (383+ words) June 8 (Reuters) " S&P 500 and Nasdaq futures climbed on Monday, as chip stocks steadied after plunging to over two-week lows, though renewed strikes in the Middle East kept investors largely at "bay. Shares of Nvidia, Broadcom and Micron Technology rose…...
S&P 500, Nasdaq slip at open after solid jobs data fuels hawkish Fed fears; chip stocks fall
3+ week, 1+ day ago (134+ words) Classic Rock 103. 5 WIMZ S&P 500, Nasdaq slip at open after solid jobs data fuels hawkish Fed fears; chip stocks fall (Corrects day of the week to Friday from "Thursday in paragraph 1) June 5 (Reuters) " The S&P 500 and the Nasdaq dropped…...
Japan keeps view economy recovering but warns risk from Middle East
1+ mon, 1+ day ago (272+ words) TOKYO, May 26 (Reuters) " Japan's government retained its assessment in May that the economy was recovering moderately, while warning that tensions in the Middle "East and fluctuations in financial markets remain "key risks to the outlook. Here are the main points…...
Fed’s Barkin: Policy in good place to respond to ongoing shocks | Classic Rock 103. 5 WIMZ | Knoxville, TN
1+ mon, 6+ day ago (144+ words) By Howard Schneider RALEIGH, North Carolina, May 21 (Reuters) - How businesses and consumers respond to ongoing economic shocks will determine if the U. S. Federal Reserve can "look through" current high inflation or needs to consider raising interest r. .....
US manufacturing activity rises to four-year high in May, S&P Global survey shows | Classic Rock 103. 5 WIMZ | Knoxville, TN
1+ mon, 6+ day ago (38+ words) By Lucia Mutikani WASHINGTON, May 21 (Reuters) - U. S. manufacturing activity strengthened in May, scaling the highest level in four years, as businesses boosted inventories to guard against potential shortages and rising prices related to the war with. .....
Dollar at six-week high on rate-hike bets, Iran war uncertainty
1+ mon, 1+ week ago (532+ words) SINGAPORE, May 20 (Reuters) " The U. S. dollar was steady near a six-week high on Wednesday as investors come to terms with the possible need for higher interest rates to tackle inflation due to the Iran war, pushing the Japanese yen back into…...
Stocks skid in Asia, bonds buckle as oil climbs
1+ mon, 1+ week ago (896+ words) SYDNEY, May 18 (Reuters) " Asian share markets were on the skids on Monday as fresh drone attacks in the Gulf shoved oil prices and bond yields higher, while the AI boom is set to be tested by earnings from Nvidia this…...
BOJ debated near'term rate hike at April meeting, opening door to June move
1+ mon, 2+ week ago (666+ words) TOKYO, May 12 (Reuters) " Some Bank of Japan policymakers argued in April for raising rates soon, with one flagging the chance of a June move, highlighting a growing hawkish shift on the board as an oil shock from the Iran war…...
IMF projects $2. 5 billion in 2026 net income despite high uncertainty
1+ mon, 2+ week ago (219+ words) May 8 (Reuters) " The International Monetary Fund said on Friday its board expects net income of about $2. 5 billion in "the 2026 financial year, following the "annual review of its income position for the year ended April 30. "Projections of the Fund's income position…...