Category Archives:
Suspect in deadly North Carolina shooting is 15 years old, police say
(Reuters) - The suspect in the Raleigh, North Carolina, shooting that left five dead is a 15-year-old male, the city's police chief said on Friday, adding that he was in critical condition. (Reporting...
Oct 14, 2022
U.S. retail sales unexpectedly flat in September
WASHINGTON (Reuters) - U.S. retail sales were unexpectedly unchanged in September as stubbornly high inflation and rapidly rising interest rates crimp demand for goods. The Commerce Department said on...
Oct 14, 2022
Analysis-Europe’s energy security this winter? Depends on the weather
By Kate Abnett and Bozorgmehr Sharafedin BRUSSELS/LONDON (Reuters) - European countries are buying gas at sky-high prices and scrambling to curb energy use to avoid fuel shortages this winter, but ear...
Oct 14, 2022
Analysis-IMF plugs financing gaps as riskier emerging markets face squeeze
By Jorgelina do Rosario WASHINGTON (Reuters) - There's little relief in sight for a host of developing nations from Egypt to Malawi and from Pakistan to Ecuador, all of whom are facing a painful econo...
Oct 14, 2022
ECB policymakers argue for ‘restrictive’ policy despite recession risk
By Balazs Koranyi WASHINGTON (Reuters) - The European Central Bank must power ahead with interest rate hikes to tame inflation and should even push borrowing costs to levels that restrict economic act...
Oct 14, 2022
Citigroup reports 25% slump in third-quarter profit
(Reuters) -Citigroup Inc reported a 25% drop in third-quarter profit on Friday as its investment banking business struggled to cope with a slump in dealmaking. M&A activity has grounded to a halt this...
Oct 14, 2022
Avoid fx intervention if currency weakness is due to fundamentals, IMF economists say
(Reuters) - Countries should avoid spending scarce foreign exchange reserves intervening to support currencies that are weakening as a result of economic fundamentals such as interest rate differentia...
Oct 14, 2022
TSX futures track Wall St counterparts higher
(Reuters) - Futures for Canada's main stock index were higher on Friday, tracking its U.S. peers, while investors awaited manufacturing and trade data for August. December futures on the S&P/TSX index...
Oct 14, 2022
ECB may need 75 bps rates hikes in Oct, Dec before balance sheet cut, Vasle says
By Balazs Koranyi WASHINGTON (Reuters) - The European Central Bank should raise interest rates by 75 basis points at both of its upcoming meetings this year, then needs to discuss shrinking its balanc...
Oct 14, 2022
Morgan Stanley profit falls as deals drought extends
(Reuters) -Morgan Stanley on Friday reported a drop in third-quarter profit, as a slowdown in global dealmaking hurt the investment bank's core underwriting business, sending shares down 3% before the...
Oct 14, 2022
Peoria, IL, USA
42 °F Overcast
