U.S. import prices drop further; inflation pressures easing
Import prices fall 0.6% in November; up 2.7% year-on-yearCore import prices drop 0.6%; rise 1.7% from year agoExport prices slip...
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U.S. inflation subsiding as consumer prices rise moderately in November
Consumer price index increases 0.1% in NovemberCPI up 7.1% year-on-year, smallest gain in 11 monthsCore CPI climbs 0.2%, up 6.0%...
U.S. dollar rises vs most currencies ahead of inflation data, Fed meeting
U.S. November year-on-year core CPI increase seen moderatingFocus on slew of central bank meetings led by FedFed widely expected to...
U.S. heading into shallow recession, no respite from rate hikes yet: Reuters poll
BENGALURU, Dec 9 (Reuters) - The U.S. economy is heading into a short and shallow recession over the coming year,...
U.S. banks warn of recession as inflation hurts consumers; shares fall
NEW YORK, Dec 6 (Reuters) - The biggest U.S. banks are bracing for a worsening economy next year as inflation...
Shares, bond prices fall as U.S. data sparks rate hike fears
Strong ISM services data for November rattles investorsData supports further Federal Reserve rate hikesAll S&P 500 sectors decline, energy stocks...
U.S. labor market shrugs off recession fears; keeps Fed on tightening path
Nonfarm payrolls increase 263,000 in NovemberUnemployment rate steady at 3.7%; participation rate fallsAverage hourly earnings rise 0.6%; up 5.1% year-on-yearWASHINGTON,...
C$ dips against greenback; falls harder vs other G10 currencies
Canadian dollar weakens 0.2% against the greenbackCanadian manufacturing PMI rises to 49.6 in NovemberInvestors cut Bank of Canada rate hike...
Sterling set for third straight weekly gain, but vulnerable
Nov 25 (Reuters) - Sterling was slightly lower on Friday but still set for its third consecutive weekly gain against...
Morning Bid: Wild oil ride amid China and crypto woe
A look at the day ahead in U.S. and global markets from Mike Dolan.Turbulence in oil, China's COVID crunch and...
