• October 8, 2024

Guggenheim CIO Says Inflation of Up to 4% Could Be a New Normal

(Bloomberg) -- While price pressures have eased dramatically in the past two years, the war against inflation isn’t over just yet — and factors from spending on pricey artificial intelligence tech...

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• October 8, 2024

Mexico Needs Private Investment in Energy, Economy Minister Says

(Bloomberg) -- Mexico’s new president plans to lay out clear rules for private investment in the power sector, a top cabinet official said, acknowledging that the state has insufficient resources ...

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• October 8, 2024

Wall Street closes higher on tech buying as investors wait on inflation data

By David French (Reuters) -Wall Street's benchmarks finished up on Tuesday, recouping some of the previous session's losses, as investors bought back in to technology stocks and investors s...

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• October 8, 2024

Biden's grade on the economy jumps to an A

President Joe Biden came into office in 2021 with a strong economy that gradually weakened as inflation hammered Americans’ purchasing power. With inflation now fading, the Biden economy is once aga...

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• October 8, 2024

Fed's Collins expects more rate cuts amid confidence inflation is easing

By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Boston President Susan Collins said on Tuesday that with inflation trends growing weaker it is very probable that the U.S. c...

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• October 8, 2024

Fed’s Collins Says Rate Cuts Should Be Careful, Data-Based

(Bloomberg) -- Federal Reserve Bank of Boston President Susan Collins said policymakers should use a careful, data-dependent approach as they lower interest rates to help preserve the strength of ...

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• October 8, 2024

Fed's Bostic says labor market slowing but not slow, jobs gains 'robust'

WASHINGTON (Reuters) - Last week's jobs numbers confirm the U.S. labor market remains strong even though it may be slowing, with a 4.1% unemployment rate around what is considered full employment ...

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• October 8, 2024

Argentina September inflation seen at lowest since late 2021

BUENOS AIRES (Reuters) - Argentina's monthly inflation rate is expected to have slowed to 3.5% in September, which would be the lowest monthly rate since the end of 2021, a Reuters poll of economi...

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• October 8, 2024

Treasury Yields Stabilize as Traders Price Gradual Fed Rate Cuts

(Bloomberg) -- The rout in US government debt eased on Tuesday after longer-dated yields reached the highest levels since late July and oil prices fell. With inflation data later in t...

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• October 8, 2024

Trader Vitol sells Venezuelan oil to Indian refiners, trade sources say

By Nidhi Verma and Marianna Parraga NEW DELHI/HOUSTON (Reuters) - Two Indian state refiners have bought 2 million barrels of Venezuelan crude from trading house Vitol for November delivery,...

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