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Dollar steady, yen near 7-month high ahead of Fed, BOJ meetings
14+ hour, 44+ min ago (641+ words) SINGAPORE, Sept 14 (Reuters) – The dollar was steady on Monday, with the yen holding on to its recent sharp gains and hovering near a seven-month high as investors pondered possible rate hikes from the Federal Reserve and Bank of Japan in…...
Ahead of Fed meeting, Trump says US should have world’s lowest interest rate
22+ hour, 18+ min ago (374+ words) By Bo Erickson, Padraic Halpin and Conor Humphries DOONBEG, Ireland, Sept 13 (Reuters) – No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve’s next policy meeting. Speaking to reporters at…...
Anthropic selects Nasdaq for IPO, Business Insider reports
22+ hour, 54+ min ago (56+ words) WKZO Anthropic selects Nasdaq for IPO, Business Insider reports Sept 13 (Reuters) – U.S. tech startup Anthropic has selected Nasdaq for its potential initial public offering, Business Insider reported on Sunday, citing a person familiar with the company’s plans. (Reporting by Ananya…...
S&P Dow Jones Indices loosens Canadian index inclusion criteria
23+ hour, 18+ min ago (242+ words) TORONTO, Sept 13 (Reuters) – S&P Dow Jones Indices (S&P DJI) said on Friday it will change the eligibility criteria for S&P/TSX Canadian Indices, with the move potentially opening the door to the inclusion of major copper producer…...
Renault to build pickup truck in Argentina aimed at South America’s car buyers
4+ day, 6+ min ago (276+ words) GUYANCOURT, France, Sept 10 (Reuters) – Renault on Thursday unveiled its new Niagara pickup truck, a model that would look out of place on the streets of Paris but is central to the French automaker’s growth strategy in Latin America. Renault is…...
Adobe beats third-quarter revenue estimates on AI product demand
3+ day, 16+ hour ago (110+ words) Sept 10 (Reuters) – Adobe beat Wall Street estimates for third-quarter revenue on Thursday, as demand for its AI-integrated products and tools continued to grow. The company reported revenue of $6.76 billion for the quarter, compared with analysts’ average estimate of $6.70 billion, according…...
Morning Bid: Forever war? | WKZO | Everything Kalamazoo | 590 AM · 106.9 FM
4+ day, 4+ hour ago (527+ words) Sept 10 (Reuters) – Energy and bond markets are on edge once again after U.S. President Donald Trump said the Iran war would not end until after November’s midterm elections. That came amid the most intense attacks on Gulf shipping in the…...
Bond yields hit multi-year highs as traders brace for new ECB rate-hike cycle
3+ day, 23+ hour ago (649+ words) LONDON, Sept 10 (Reuters) – Traders in the euro area were bracing for interest rate hikes well into next year on Thursday as the European Central Bank hiked borrowing costs and increased its inflation forecast, just as oil prices jumped again due…...
Lagarde comments at ECB press conference
4+ day, 1+ hour ago (765+ words) Following are highlights of ECB President Christine Lagarde’s comments at a press conference after the policy meeting. ON HIGH BOND YIELDS “It’s not a euro-specific issue. It’s happening across the world, and it’s a factor of multiple causes. “It’s incorporated…...
US wholesale inventories surge in July
3+ day, 23+ hour ago (193+ words) WASHINGTON, Sept 10(Reuters) – U.S. wholesale inventories surged in July, the government confirmed on Thursday, potentially positioning inventories to contribute to economic growth in the third quarter. Stocks at wholesalers jumped by an unrevised 1.3%, the Commerce Department’s Census Bureau said. Inventories,…...