NHC says Kirk has become a powerful extratropical cyclone
(Reuters) – Kirk has become a powerful extratropical cyclone, and is still causing large swells and rip current risk along the U.S. East Coast, the U.S. National Hurricane Center said…
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Analysis-EU backing for China EV tariffs shows Berlin’s waning influence
By Philip Blenkinsop BRUSSELS (Reuters) – German Chancellor Olaf Scholz’s rejection of EU tariffs on Chinese electric vehicles failed to stop fellow European Union members voting in favour, exposing how…
Bank of Israel to hold rates even as inflation rises: Reuters poll
By Steven Scheer JERUSALEM (Reuters) – The Bank of Israel (BoI) will keep short-term interest unchanged for a sixth straight policy meeting on Wednesday, as markets maintain their view rising…
US Supreme Court rejects appeal by banker tied to Trump ex-aide Manafort
(Reuters) – The U.S. Supreme Court declined on Monday to hear an appeal by a Chicago bank’s former CEO who was convicted of bribery after approving $16 million in risky…
Germany’s economic model is not broken, finance minister says
By Maria Martinez LUXEMBOURG (Reuters) -Germany’s economic model is not broken but Europe’s biggest economy has lost competitiveness over the past decade, German Finance Minister Christian Lindner said on Monday.…
US hard-landing narrative could come back to life again: Macquarie
Investing.com — According to Macquarie analysts, while the strong September employment report has revived the “American exceptionalism” narrative, the possibility of a US hard landing could resurface. The report reflects…
Greece’s growth seen nearly unchanged in 2025, draft budget shows
By Lefteris Papadimas ATHENS (Reuters) – The Greek government is forecasting economic growth of 2.3% in 2025, outperforming Europe’s major economies, thanks to strong tourism revenues, robust consumer spending and…
US money market funds draw sharp inflows in the week to Oct. 2
(Reuters) – U.S. money market funds saw massive inflows in the week to Oct. 2 as investors sought safer assets on caution ahead of a key payrolls report amid heightened…
Markets are expecting China to roll out “significant” fiscal stimulus, UBS says
Investing.com — Markets are now expecting a “significant” fiscal stimulus package from the Chinese government on top of a series of recently-announced measures designed to support the country’s sluggish economy, according…
Factbox-Most brokerages expect 25 bps of Fed rate cuts in November
(Reuters) -J.P.Morgan and BofA Global Research have joined a growing rank of major brokerages that expect the U.S. Federal Reserve to reduce interest rates by 25 basis points in November.…