Reuters

Reuters

The Latest

  • Fed Vows To Keep Interest Rates Near Zero Until Inflation Rises
    The Federal Reserve building
    The Federal Reserve kept interest rates pinned near zero on Wednesday and made a bold, new promise: to keep them there until inflation is on track to "moderately exceed" the U.S. central bank's 2% inflation target "for some time."
  • U.S. Lawmakers Raise Questions About Proposed ByteDance-Oracle Deal
    TikTok
    U.S. lawmakers of both major parties voiced skepticism about a proposed deal between Oracle and China's ByteDance that appears to stop short of a full sale of ByteDance's popular social media app TikTok to a U.S. firm as demanded by President Donald Trump.
  • America's Wealthy Likely To Power Pandemic-hit U.S. Holiday Sales: Deloitte
    Holiday season
    The wealthy in America are expected to splurge online for gifts and home decorations this holiday season.
  • U.S. Census Shows Median Income Rose, Poverty Fell In 2019
    U.S. Job
    U.S. median household income rose again last year while the number of people in poverty continued to fall, according to government data on Tuesday.
  • U.S. Import Prices Beat Expectations As Inflation Warms Up
    U.S. import prices
    U.S. import prices increased more than expected in August and gains in the prior month were revised sharply higher, supporting the view that inflation pressures were building up.
  • Tesla Shares Rally Again, Boosted By 'Battery Day' Excitement
    Tesla
    Tesla Inc's stock was set for a fifth consecutive session of gains as anticipation heats up for its "Battery Day" event next week, recouping some of its recent valuation slump following a sell-off and surprise exclusion from the S&P.
  • Pandemic-proof Apple To Kick Off Lineup For Critical Holiday Season
    Apple Store
    Apple Inc shares have soared this year even as a pandemic has crippled economies around the world, thanks in large part to booming product sales that have beat Wall Street expectations.
  • Wall Street Climbs As Fed Meeting Kicks Off
    Wall Street
    Tech stocks pushed Wall Street higher on Tuesday as positive U.S. factory data fueled optimism around an economic rebound, while investors looked for more stimulus from the Federal Reserve as the central bank kicks off a two-day meeting.
  • China Industrial Output, Retail Sales Lift Hopes For Speedy Recovery
    SLUGGISH
    Industrial output growth quickened to 5.6% in August while retail sales rose 0.5%.
  • Regulators Prepare To Reprimand Citigroup For Failing To Improve Risk Systems: WSJ
    Citigroup Inc
    Federal regulators are preparing to reprimand Citigroup Inc for failing to improve its risk-management systems, the Wall Street Journal reported https://on.wsj.com/3mvwLES on Monday.
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