Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
US mortgage rates fall below 7% for first time since August
(Reuters) - The average interest rate on the most popular U.S. home loan fell this week to below 7% for the first time since August as Treasury market yields dropped sharply after the Federal Reserve ...
Dec 14, 2023
Analysis-Milei’s mission improbable for Argentina has investors daring to dream
By Marc Jones LONDON (Reuters) - Getting Argentina's economy firing again might look like mission impossible, yet some long-suffering investors are daring to dream its new president can deliver where ...
Dec 14, 2023
Analysis-Markets outpace central banks as rate cut bets fuel ‘everything rally’
By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) - Markets have raced ahead of the U.S., euro zone and UK central banks to price in sizeable and frenetic interest rate cuts next year, fueling a so-...
Dec 14, 2023
Yellen plans to accelerate climate, financial market cooperation with China
By Andrea Shalal WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday mapped out her top priorities for managing U.S.-Sino relations next year, including a planned second visit to C...
Dec 14, 2023
Exclusive-Austria stalls Russian sanctions over Raiffeisen blacklisting – sources
By John O'Donnell FRANKFURT/BRUSSELS (Reuters) - Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing of...
Dec 14, 2023
GM’s struggling Cruise business to cut one-quarter of its workforce
By David Shepardson (Reuters) - General Motors' self-driving business Cruise will slash 24% of its workforce, affecting about 900 of its 3,800 employees, the company said Thursday. The layoffs are pri...
Dec 14, 2023
Argentine economy likely already in recession, analysts say
By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's economy likely entered a technical recession - two straight quarters of economic contraction - in the third quarter, a Reuters poll of analysts sho...
Dec 14, 2023
Starbucks closed 23 US stores to deter unionizing, agency claims
By Daniel Wiessner (Reuters) - A U.S. labor agency is seeking to force Starbucks Corp to reopen 23 stores that were allegedly shuttered last year to discourage a nationwide union campaign, the latest ...
Dec 14, 2023
Fed stands alone as ECB, BoE insist ‘higher for longer’ still needed
By Howard Schneider WASHINGTON (Reuters) - Major European central banks on Thursday stuck with plans to keep their policy interest rates higher for longer to fight inflation that is proving stickier i...
Dec 14, 2023
US business inventories unexpectedly fall in October
WASHINGTON (Reuters) - U.S. business inventories unexpectedly fell in October, suggesting that inventory investment could weigh on economic growth this quarter. Business inventories dipped 0.1%, the f...
Dec 14, 2023
