S&P 500 earnings to put investor focus on tech, AI
By Caroline Valetkevitch NEW YORK (Reuters) – Investors will be looking for evidence that investment in artificial intelligence among S&P 500 companies is beginning to pay off as the reporting…
Economy
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Israel cenbank questions whether rates restrictive enough to curb inflation, deputy governor says
By Steven Scheer JERUSALEM (Reuters) – Bank of Israel policymakers will be watching inflation data and whether the 2025 budget plans to continue a “very expansionary” fiscal policy to help…
Fed’s Goolsbee sees gradual policy rate cuts over next 12-18 months
(Reuters) – Chicago Federal Reserve Bank Austan Goolsbee on Thursday said he sees a series of interest-rate cuts over the next year to year and a half, noting that inflation…
CPI report should create scope for dip buying: BofA
Investing.com — The upcoming consumer price index (CPI) report for September “should create scope for dip buying” for investors, Bank of America strategists said in a Wednesday note. The print…
Analysis-Kamala Harris win may boost US effort to rein in ‘junk fees’ levied on consumers
By Makailah Gause and Pete Schroeder WASHINGTON (Reuters) – A crackdown by the U.S. consumer finance watchdog on hidden or excessive financial fees could expand to target billions of dollars…
Gimme credit: Three ways to manage kids with credit cards
By Chris Taylor NEW YORK (Reuters) – For many parents, it is a familiar, sinking feeling: Adding your kid as an authorized user to your debit or credit card –…
Ukrainian patriotism and profits spur boom in war bonds
By Olena Harmash KYIV (Reuters) – “Buy new bonds. It’s like a donation,” lawyer Olesia Mykhailenko wrote, urging her nearly 14,000 social media followers to buy Ukrainian war bonds and…
Hurricane Milton spawns tornadoes, leaves millions without power in Florida
By Brad Brooks and Leonara LaPeter Anton ST. PETERSBURG, Florida (Reuters) – Hurricane Milton marched across Florida on Thursday, whipping up deadly tornadoes, destroying homes and knocking out power to…
ECB accounts show cautious stance on further policy easing
FRANKFURT (Reuters) – European Central Bank policymakers appeared content with the drop in inflation when they met last month but argued for a gradual policy easing given lingering domestic price…
Fed seen delivering 25 bps cut next month after inflation data
(Reuters) – Traders on Thursday added to bets the Federal Reserve will deliver a 25 basis point interest-rate cut in November after a government report showed inflation last month was…