Global rate cutting cycle picking up pace
By Naomi Rovnick and Dhara Ranasinghe LONDON (Reuters) – Interest rate cuts from major central banks are well underway, with...
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Stock
Siemens investing $60 million on high-speed train plant in upstate New York
ZURICH (Reuters) -Siemens is spending $60 million on a new U.S. factory to build high speed trains to whisk passengers...
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The Fed may be further behind the curve
Investing.com — The Federal Reserve could be falling behind in its efforts to combat slowing growth, according to the latest...
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eToro to shut down nearly all crypto trading in settlement with US SEC
By Hannah Lang (Reuters) -Retail trading platform eToro will stop offering nearly all cryptocurrencies to its customers as part of...
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US weekly jobless claims rise moderately
WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits increased marginally last week, pointing to a...
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South Africa to cut rates on Sept. 19 for first time since COVID-19 response- Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) – The South African Reserve Bank will cut its repo rate by 25 basis points...
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US annual PPI at 1.7% in August, stocks edge higher
S&P 500 and Nasdaq 100 futures are up around 0.17% and 0.15%, respectively, in premarket trading on Thursday after the release of the...
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ECB cuts growth forecasts, still sees inflation at target in late 2025
(Corrects new 2026 GDP forecast in table to 1.5%, not 1.6%) FRANKFURT (Reuters) -The European Central Bank lowered its 2024...
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Brazil’s Lula committed to raising income tax threshold, says minister
BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has requested studies to ensure that by the end of...
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Exclusive-US plans to sanction prominent Cambodians linked to scam factories, sources say
By Francesco Guarascio and Poppy McPherson (Reuters) – The United States is considering imposing sanctions as early as this week...
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