Morning Bid: A swift change to inflation-watch
LONDON (Reuters) – A look at the day ahead in U.S. and global markets by Dhara Ranasinghe. As a combative U.S. presidential debate grabs attention, upcoming U.S. inflation numbers have…
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Sweden boosts justice system spending to tackle crime
STOCKHOLM (Reuters) – Sweden will increase spending on its justice system by 3.46 billion crowns ($335 million) in its budget bill for 2025 to curb high crime rates, the justice…
European shares rise on boost from tech, resources sectors
By Pranav Kashyap (Reuters) -European shares opened higher on Wednesday, boosted by the tech and basic resources sectors, while investors awaited a key U.S. inflation reading for clues on the…
Heated Trump-Harris debate provides few policy details to Wall Street
Investing.com — Republican presidential candidate Donald Trump and Democratic rival Kamala Harris exchanged barbs in a fiery debate on Tuesday, clashing on everything from immigration to the economy. But following the…
Dollar drops; Harris’ chances improve after US election debate
By Kevin Buckland and Amanda Cooper TOKYO/LONDON (Reuters) -The dollar fell to its lowest against the yen this year on Wednesday after investors upped the chances of Democrat Kamala Harris…
Indonesia’s dwindling middle class seen dimming economic outlook
By Stefanno Sulaiman KARAWANG, Indonesia (Reuters) – Rahmat Hidayat lost his job when the shoe factory he worked for closed down last year in the industrial town of Karawang in…
Fed to cut rates by 25 basis points on Sept. 18, twice more in 2024
(This Sept. 10 story has been corrected to show the number of respondents who said “likely” and “very likely”, in paragraph 8) By Indradip Ghosh BENGALURU (Reuters) – The Federal…
Rentokil shares fall after third profit warning on North America
(Reuters) -Rentokil Initial warned of lower annual profit on Wednesday after weaker than expected sales in its largest market North America, sending shares of the British pest control company as…
Column-‘Blunt’ interest rates pose questions about Fed easing :Mike Dolan
By Mike Dolan LONDON (Reuters) – If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will…
Fiery debate gives Wall Street few new details on key issues
By Saqib Iqbal Ahmed and Suzanne McGee NEW YORK (Reuters) – Wall Street remained on edge as a closely watched debate between Republican Donald Trump and Democratic Vice President Kamala…