Economy

(Reuters) – U.S. equity funds witnessed outflows in the week to Oct. 9 as investors booked profits due to a shift in market expectations about the Federal Reserve rate cut…

(Reuters) – The case for quarter-point U.S. interest-rate cuts at upcoming Federal Reserve policy meetings appeared intact on Friday after a report showed producer prices were unchanged last month compared…

By Gleb Bryanski MOSCOW (Reuters) – Most finance ministers and central bank chiefs from the BRICS group of countries did not attend a high-level meeting in Moscow on Friday ahead…

WASHINGTON (Reuters) – U.S. producer prices were unchanged in September, pointing to a still-favorable inflation outlook and supporting views that the Federal Reserve would cut interest rates again next month.…

OTTAWA (Reuters) – Canada’s economy added a net 46,700 jobs in September, more than forecasts, while the jobless rate unexpectedly decreased for the first time in 8 months to 6.5%,…

(Reuters) -Polestar said on Friday that it expected to achieve a positive gross profit margin in the fourth quarter despite its electric vehicle deliveries falling 14% in the third quarter.…

By Noor Zainab Hussain, Manya Saini and Saeed Azhar (Reuters) – Wells Fargo’s profit beat analysts’ expectations in the third quarter, helped by resilience in wealth management and lower provisions…

By Yoruk Bahceli (Reuters) – Markets are tentatively optimistic France’s budget may eventually pass through its fractured parliament, but remain sceptical about how quickly the country can tidy up its…

(Reuters) – JPMorgan Chase (NYSE:JPM)’s profit dropped in the third quarter as it built up provisions for potential loan defaults, the bank said on Friday. Profit was $12.90 billion for…