Browsing: Economy

By Foo Yun Chee BRUSSELS (Reuters) -U.S. genetic testing company Illumina (NASDAQ:) was fined a record 432-million-euro ($476 million) by the EU on Wednesday for closing…

The U.S. Federal Reserve is talking up rate-hike expectations even when inflation and threats to inflation are slowing markedly. Investors should recognize that the Fed has…

By Clare Jim and Twinnie Siu HONG KONG (Reuters) -Hong Kong is raising the cap on loan-to-value (LTV) ratio for properties worth up to HK$30 million…

Treasury yields held mostly steady on Tuesday, though the 10-year rate finished below 4%, as traders awaited Wednesday’s consumer price index report for June. What happened…

By Lucy Raitano LONDON (Reuters) – Investors globally ploughed more money into cash funds in the week to Wednesday, with total cash assets under management reaching…

U.S. stocks closed higher Tuesday, with investors primed to take Wednesday’s inflation report in stride, while also hoping for a solid start to second-quarter corporate earnings…

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are on edge ahead of Friday’s U.S. jobs report after more evidence of economic resilience cemented expectations of…

Investors are playing the waiting game for Tuesday, a day ahead of what could be a pivotal consumer prices report. “Over time, it takes just a…

(Reuters) – Trade tensions between Washington and Beijing are riding high while U.S. inflation data will inform the Federal Reserve’s next move and rate setters in…

Republican presidential candidate Nikki Haley’s campaign raked in $7.3 million in the second quarter of 2023, the former South Carolina governor’s team said Monday. Haley’s campaign…