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US recession will prompt 175 basis points in Fed cuts next year, DB economists say
US recession will prompt 175 basis points in Fed cuts next year, DB economists say
By Lewis Krauskopf NEW YORK The Federal Reserve will cut rates more aggressively than markets are currently pricing
2023-11-28 04:45
US new home sales drop in October amid higher mortgage rates
US new home sales drop in October amid higher mortgage rates
By Lucia Mutikani WASHINGTON (Reuters) -Sales of new U.S. single-family homes fell more than expected in October as higher mortgage
2023-11-28 01:29
Cyber Monday Forecast Boosted After Record Online Holiday Sales
Cyber Monday Forecast Boosted After Record Online Holiday Sales
US shoppers will spend up to $12.4 billion online during Cyber Monday, according to Adobe Inc., which adjusted
2023-11-28 00:48
Saudi Arabia Seeks OPEC+ Oil Quota Cuts While Some Members Resist
Saudi Arabia Seeks OPEC+ Oil Quota Cuts While Some Members Resist
Saudi Arabia is asking others in the OPEC+ coalition to reduce their oil-output quotas in a bid to
2023-11-28 00:20
Futures inch lower as investors await more data, policy cues
Futures inch lower as investors await more data, policy cues
By Shristi Achar A and Amruta Khandekar (Reuters) -U.S. stock index futures slipped on Monday, ahead of a key inflation
2023-11-27 20:58
Deutsche Bank sees 12% upside to S&P 500 through 2024-end
Deutsche Bank sees 12% upside to S&P 500 through 2024-end
(Reuters) -Deutsche Bank on Monday forecast the S&P 500 to end next year 12% higher as it expects corporate earnings
2023-11-27 19:48
As US job market softens, gains of minority groups hang in the balance
As US job market softens, gains of minority groups hang in the balance
By Howard Schneider WASHINGTON Economists who have studied employment during the recovery from the coronavirus pandemic agree that
2023-11-27 19:27
Marketmind: Stocks stall after VIX hits pre-COVID low
Marketmind: Stocks stall after VIX hits pre-COVID low
A look at the day ahead in U.S. and global markets from Mike Dolan Global markets took a sharp intake
2023-11-27 19:16
Oil Shows Signs of Softening Before High-Stakes OPEC+ Meet
Oil Shows Signs of Softening Before High-Stakes OPEC+ Meet
Ahead of the delayed OPEC+ meeting on Thursday, there are indications oil supply is running ahead of demand,
2023-11-27 15:45
Currency clashes sour Russia's oil trade with Asia
Currency clashes sour Russia's oil trade with Asia
By Elena Fabrichnaya, Nidhi Verma and Dmitry Zhdannikov MOSCOW/DELHI One of Russia's most lucrative oil trade routes since
2023-11-27 15:28
Sanofi’s Dupixent Shows Strong Efficacy in Second Lung Trial
Sanofi’s Dupixent Shows Strong Efficacy in Second Lung Trial
Sanofi’s prescription drug Dupixent showed additional promise in helping patients with a chronic lung disorder breathe better and
2023-11-27 14:47
Wall Street gets creative as regulators demand more capital
Wall Street gets creative as regulators demand more capital
By Shankar Ramakrishnan Earlier this fall, Morgan Stanley bought $300 million worth of protection against losses on some
2023-11-27 14:25
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