US consumer sentiment rises in November, UMich says
(Reuters) – U.S. consumer sentiment rose to a seven-month high in early November, with a measure of households’ expectations for the future climbing to the highest in more than three…
Economy
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Canada adds less than expected jobs in October, wages rise
By Promit Mukherjee OTTAWA (Reuters) – Canada added lower-than-expected 14,500 jobs in October and wages of permanent employees rose, data showed on Friday, as the economy grappled to absorb the…
NRG Energy posts Q3 core profit beat, raises annual forecast
(Reuters) – NRG Energy (NYSE:NRG) beat third-quarter core profit estimates on Friday due to lower supply costs across its service territories, and raised its 2024 profit outlook, sending its shares…
Europe’s banks brace for tougher competition under Trump 2.0
By Sinead Cruise and Tommy Reggiori Wilkes LONDON (Reuters) – European banks face an even tougher task to close an earnings gap on U.S. rivals, as Wall Street awaits a…
Trump adds to internal strife hindering EU competitiveness push
By Philip Blenkinsop and Anita Komuves BUDAPEST (Reuters) – The European Union’s task of boosting competitiveness to catch up with rivals the United States and China has gained fresh urgency…
US money market funds saw significant demand before US elections
(Reuters) – U.S. investors moved large amounts of money to the safety of money market funds in the week to Nov. 6 as they cautiously awaited the U.S. presidential election…
India inflation to rise further to 5.81% on rising food costs: Reuters poll
By Anant Chandak and Rahul Trivedi BENGALURU (Reuters) – Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable…
Most Americans expect Trump to increase US debt, Reuters/Ipsos poll finds
WASHINGTON (Reuters) – Most Americans believe President-elect Donald Trump will push the U.S. government deeper into debt in his new term, though most Republicans do not share Democrats’ concerns over…
China’s cabinet approves measures to boost trade growth
BEIJING (Reuters) – China’s cabinet on Friday approved measures to boost growth in the country’s foreign trade, state media reported, after October exports grew at the fastest pace in over…
Multiple climate disasters trigger first ever Red Cross disaster insurance pay-out
By Emma Farge GENEVA (Reuters) – The world was hit by so many floods and landslides in 2024 that it triggered the aid sector’s first multi-disaster insurance pay-out, the Red…