Category Archives:
Banks stocks back in vogue for hedge funds in September -Morgan Stanley
By Nell Mackenzie LONDON (Reuters) - Global hedge funds raced to load up on bullish positions in banks, insurance companies and capital markets as September drew to a close, Morgan Stanley said in a c...
Oct 03, 2023
Schumer announces U.S. Senate trip to China, Japan, South Korea
WASHINGTON (Reuters) - A bipartisan U.S. Senate delegation will visit China, Japan and South Korea in October, Senate Majority Leader Chuck Schumer said on Tuesday. (Reporting by David Shephardson and...
Oct 03, 2023
Brazil cenbank chief says rate cut pace ‘appropriate’ for the moment
By Fabricio de Castro SAO PAULO (Reuters) - Brazil's current pace of interest rate cuts is "appropriate" for the moment, central bank chief Roberto Campos Neto said, after the monetary authority reduc...
Oct 03, 2023
Russian central bank: High rates likely needed throughout 2024
By Elena Fabrichnaya MOSCOW (Reuters) -Russia will probably need to keep interest rates high throughout 2024, the Bank of Russia's Deputy Governor Alexei Zabotkin said on Tuesday, addressing the upper...
Oct 03, 2023
Eli Lilly to buy cancer-focused Point Biopharma for $1.4 billion
(Reuters) -Eli Lilly and Co will buy cancer therapy developer Point Biopharma Global for $1.4 billion, the companies said on Tuesday. Lilly has offered $12.50 per Point Biopharma share held, represent...
Oct 03, 2023
Pekin school bus involved in Monday crash
PEORIA, Ill. -A Pekin school bus was hit, with kids on board, Monday afternoon. The crash happened just after 3 p.m. at S. 9th and Washington Streets. A BMW hit the bus on its side, then careened off,...
Oct 03, 2023
Futures subdued ahead of key jobs data as rate worries keep yields high
(Reuters) - U.S. stock index futures were nearly flat on Tuesday as investors awaited key employment data this week, while prospects of an extended restrictive monetary policy kept Treasury yields ele...
Oct 03, 2023
US Supreme Court to hear case targeting consumer financial watchdog
By John Kruzel WASHINGTON (Reuters) - The U.S. Supreme Court is set on Tuesday to hear a challenge to the funding structure of the Consumer Financial Protection Bureau (CFPB), a consumer watchdog esta...
Oct 03, 2023
How RFK Jr. could hurt Biden, Trump in 2024 election with independent bid
By Jeff Mason and Heather Timmons WASHINGTON (Reuters) - Long-shot U.S. presidential candidate Robert F. Kennedy Jr.'s likely independent bid for the White House may complicate the 2024 race by taking...
Oct 03, 2023
UPS and FedEx customers regain upper hand in delivery price battle
By Lisa Baertlein LOS ANGELES (Reuters) - U.S. retailers and other delivery customers for the first time in more than four years are easily winning discounts from United Parcel Service and FedEx, acco...
Oct 03, 2023
Peoria, IL, USA
37 °F Sunny
