US inflation outlook brightens as underlying price pressures subside
Consumer spending increases 0.4% in AugustCore PCE price index gains 0.1%; up 3.9% year-on-yearPersonal income rises 0.4%; saving rate dips...
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Dollar’s smile makes Wall Street frown: McGeever
ORLANDO, Florida, Sept 28 (Reuters) - The 'dollar smile' can be a blessing for Wall Street, or a curse.Right now, with the dollar's boom being driven by a destabilizing surge in U.S. bond yields, heightened uncertainty over global growth and rapidly deteriorating investor sentiment, it is definitely the latter.The gist of the 'dollar smile' theory, floated by currency analyst and now hedge fund manager Stephen Jen 20 years ago, is this: the dollar typically appreciates in good times (booming investor confidence and roaring markets) and bad (times of great financial...
UK business confidence slips in September: Lloyds Bank
LONDON, Sept 29 (Reuters) - British business confidence declined in September as optimism about the economic outlook faded, a survey...
US GDP growth unrevised at 2.1% in second quarter as economy shows resilience
Second-quarter GDP growth unrevised at 2.1%Inflation slows in second quarterWeekly jobless claims increase 2,000 to 204,000Continuing claims rise 12,000 to...
Dollar retreats from 10-month high, heat still on yen, euro
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsTOKYO/LONDON, Sept 28...
UK home-buyer demand inches up as mortgage rates fall: Zoopla
A construction worker stands on a scaffold platform on a new housing development under construction in Knutsford, Britain June 1,...
World Bank chief sees $100 bln-plus lending boost from country contributions
Ajay Banga, World Bank president, participates in global infrastructure and investment forum in New York, Thursday, Sept. 21, 2023. Seth...
Dollar at 10-month top as US yields spike; yen slides
U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo Acquire Licensing RightsSINGAPORE, Sept 26...
Global share index slips as investors absorb ‘higher-for-longer’ rate outlook
Treasury yields move above 4.50%, dollar gainsOil prices settle close to flat, U.S. stocks end higherInvestors assess outlook ahead of...
US government shutdown would delay release of key economic data, official says
People shop in a supermarket as rising inflation affected consumer prices in Manhattan, New York City, U.S., June 10, 2022....
