U.S. economy posts strong growth in Q4, but with underlying weakness
Fourth-quarter GDP increases at 2.9% rateConsumer spending solid; business investment weakensWeekly jobless claims fall 6,000 to 186,000WASHINGTON, Jan 26 (Reuters)...
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Euro-banks have done their time in valuation jail
LONDON, Jan 26 (Reuters Breakingviews) - European banks undeniably earned their reputations as financial ne’er-do-wells. Their low stock-market valuations were...
EU urges European banks to step up funding for critical minerals
LONDON, Jan 25 (Reuters) - European Commissioner Thierry Breton urged European financiers this week to provide more funding to suppliers...
Stocks, dollar mostly flat on soft data, corporate outlooks
Dow 0.3%, S&P -0.1%, Nasdaq -0.3%Microsoft beats estimates in closely watched resultsCorporate bellwethers report mixed resultsU.S. business activity contractsNEW YORK/LONDON,...
EU leaders to back new funding for green industry in Feb -draft
BRUSSELS, Jan 24 (Reuters) - European Union leaders will give clearance in February for work on new EU funding for...
Dollar up after data signals brighter outlook for U.S. business activity
NEW YORK, Jan 24 (Reuters) - The dollar rose against the euro on Tuesday after data showed U.S. business activity...
EU financial services need shake-up to benefit retail investors, top official says
LONDON, Jan 24 (Reuters) - A potential ban on commissions paid by banks to financial advisers who sell their products...
Oil steady as China reopening is balanced by economic concerns
LONDON, Jan 24 (Reuters) - Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and...
U.S. Treasury emphasizes IRS customer service as tax seasons begins
WASHINGTON, Jan 23 (Reuters) - The U.S. Internal Revenue Service kicked off the 2023 income tax filing season on Monday...
U.S. economy losing momentum as retail sales post biggest drop in 12 months
Retail sales fall 1.1% in December; November sales loweredCore retail sales drop 0.7%; November sales unrevisedManufacturing production tumbles 1.3%; November...
