US single-family starts rise; soaring mortgage rates a challenge
Housing starts increase 7.0% in SeptemberSingle-family starts rise 3.2%; multi-family soar 17.1%Building permits fall 4.4%; single-family increase 1.8%WASHINGTON, Oct 18...
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EU funds selling in Britain face new rules from April
European flags fly outside the European Commission headquarters in Brussels, Belgium September 20, 2023. REUTERS/Yves Herman/File Photo Acquire Licensing RightsLONDON,...
Morning Bid: To 5% and beyond, bond yields soar
A look at the day ahead in U.S. and global markets from Mike DolanA buoyant U.S. economy, hawkish Federal Reserve...
UK should consider raising BoE inflation target to 3%, think tank says
A general view of the Bank of England (BoE) building, in London, Britain, August 4, 2022. REUTERS/Maja Smiejkowska/File Photo Acquire...
Morgan Stanley profit down with lower investment banking revenue, shares tank
People take photos by the Morgan Stanley building in Times Square in New York City, New York U.S., February 20, 2020. REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsOct 18 (Reuters) - Morgan Stanley's (MS.N) third-quarter profit showed a hit from lethargic dealmaking and shares sank 6.5% as investors were also disappointed by smaller inflows to the wealth management division and the lack of announcements in the CEO succession.The bank saw a 27% drop in investment banking revenues from a year earlier and sluggish trading as dealflow took a hit when geopolitical...
Dollar’s reserve currency status depends on U.S. controlling spending, ‘bond king’ Gundlach warns
Jeffrey Gundlach, CEO of DoubleLine Capital LP, presents during the 2019 Sohn Investment Conference in New York City, U.S., May 6,...
ECB starts preparation for digital euro in multi-year project
An expert at the Kosovo Forensic Agency inspects fake 2 euro coins, in Pristina, Kosovo, September 19, 2023. REUTERS/Laura Hasani/File...
Bank of England’s Dhingra sees weaker wage growth, lower inflation
Bank of England Monetary Policy Committee member Swati Dhingra speaks during an event in London, Britain March 8, 2023. REUTERS/Hannah...
Sterling drops after data shows UK job market cooling
Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON,...
Morning Bid: Banks, Biden visit buoy markets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 15, 2023....
