Election, economic risks fading for small caps: Wells Fargo
Investing.com — Small caps are lagging the broader market month to date in October, but are poised to continue to rack up gains amid ongoing U.S. economic growth and fading…
Economy
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Morning Bid: Bond vigilantes flex muscles, tech tonic still fizzing
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Market sentiment in Asia will be fragile at best on Friday as high and rising bond…
Coterra Energy posts lower quarterly profit
(Reuters) -U.S. oil and gas producer Coterra Energy (NYSE:CTRA) posted a 22% decline in third-quarter profit on Thursday, hurt by weak prices of natural gas. Benchmark natural gas prices remained…
Fed governor divesting stock bought by spouse in violation of trading rules
By Michael S. Derby (Reuters) – Federal Reserve Governor Adriana Kugler, the newest of the U.S. central bank’s seven board members, has run afoul of new ethics rules governing how…
Tradeweb to extend trading hours the day after US election
NEW YORK (Reuters) – Bond trading platform Tradeweb plans to extend trading hours on Nov. 6, the day after the U.S. presidential election, and offer overnight support on Election Day.…
Ukraine holds key rate at 13% as inflationary pressure grows
By Olena Harmash KYIV (Reuters) – Ukraine’s central bank kept its main interest rate unchanged at 13% on Thursday, in line with market expectations, and said it would remain cautious…
Column-How Trump or Harris would address Social Security’s problems
By Mark Miller (Reuters) – The next U.S. president and Congress will need to tackle the financial challenges facing Social Security if we are going to avert a sharp cut…
Hungary plans inflation-linked rises in some taxes from 2025
BUDAPEST (Reuters) – Hungary has proposed to increase some taxes in line with the July headline inflation rate from 2025, part of wider efforts by Prime Minister Viktor Orban’s government…
Fed seen cutting policy rate by 25 bps in Nov, Dec
(Reuters) -Federal Reserve policymakers are very likely to go ahead with cutting short-term U.S. borrowing costs by a quarter percentage point next week, traders bet on Thursday, after economic data…
US third-quarter labor costs growth smallest in more than three years
WASHINGTON (Reuters) – U.S. labor costs recorded their smallest increase in more than three years in the third quarter amid cooling wage growth, indicating that inflation was firmly on a…