Category Archives:
Futures rise as focus shifts to inflation data, Fed meet
(Reuters) - U.S. stock index futures rose on Monday ahead of inflation data and the Federal Reserve's interest rate decision this week, while Biogen shares gained in premarket trading after the U.S. F...
Jun 12, 2023
Biogen rises as FDA panel backs Alzheimer’s drug, easing safety concerns
(Reuters) - Shares of Biogen Inc rose 4% in premarket trade on Monday as an unanimous backing of the company's Alzheimer's drug Leqembi by the U.S. regulator's advisers eased concerns that a tradition...
Jun 12, 2023
Explainer-Why is the Canadian economy strong despite record pace of rate hikes?
By Steve Scherer OTTAWA (Reuters) - Despite the fastest monetary tightening cycle in the country's history, Canada's economy is still running hot, which forced the central bank to crank its key intere...
Jun 12, 2023
Healed from the pandemic, U.S. job market may face fresh wounds from the Fed
By Howard Schneider WASHINGTON (Reuters) - U.S. Federal Reserve officials, who hoped to return the job market to its 2019, best-in-a-generation status after the pandemic, may be on the verge of succes...
Jun 12, 2023
Analysis-Canadian wildfires shutter sawmills, drive up lumber prices
By Rod Nickel WINNIPEG, Manitoba (Reuters) - Canada's worst-ever spring wildfire season has forced its forestry industry to shutter sawmills, driving up lumber prices and setting production back for m...
Jun 12, 2023
Recession risks still loom for markets calmer after banking turmoil
(Reuters) - The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved that the March banking turmoil has not led to a full on credit-crunch a...
Jun 12, 2023
‘I need an outlet’: Grieving relatives talk to lost loved ones on phone in the forest
By Matt McKnight OLYMPIA, Wash. (Reuters) - In the middle of a serene forest four miles from Washington state's capital Olympia sits a vintage rotary phone. It is not connected to a telephone line and...
Jun 12, 2023
Markets in a spin ahead of interest rate decisions
(Reuters) - A look at the day ahead in U.S. and global markets from Dhara Ranasinghe. It's a big week for markets with interest rate decisions from the three major central banks coming one after anoth...
Jun 12, 2023
‘Livid’ US House conservatives poised for next battle with McCarthy
By David Morgan WASHINGTON (Reuters) - The U.S. House of Representatives will reconvene in an atmosphere of political uncertainty on Monday, as Republican hardline conservatives clash with Speaker Kev...
Jun 12, 2023
Rich US subsidies may hobble Canada’s clean-fuel efforts
By Rod Nickel WINNIPEG, Manitoba (Reuters) - Canadian biofuels producers are threatening to build their next projects in the United States to cash in on rich subsidies for clean fuel and stay competit...
Jun 12, 2023
Peoria, IL, USA
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