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Stock Market

Wall St, European stocks soar after soft U.S. inflation data

NEW YORK/LONDON, Nov 14 (Reuters) - World stocks soared on Tuesday after U.S. inflation data came in cooler than forecast in October, fuelling investor bets that an era of interest rate rises is over and borrowing costs may even soon start to fall.Data showed U.S. consumer prices were unchanged in October amid lower gasoline prices, while underlying inflation showed signs of slowing. Excluding volatile food and energy components, the CPI increased 0.2% amid higher costs for rental housing. Analysts polled by Reuters had expected a 0.3% gain.By 12:02 p.m. ET...
Funds

US Senate Democrats block Republican bid to aid Israel, not Ukraine

The U.S. Capitol Building is seen in Washington, U.S., August 15, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing RightsWASHINGTON, Nov 7 (Reuters) - U.S. Senate Democrats on Tuesday blocked a Republican effort to win quick approval for a bill providing emergency aid to Israel that passed the House of Representatives last week, but that provides no assistance for Ukraine's war against Russia.Republican Senator Roger Marshall said: "Time is of the essence and it's imperative that the Senate not delay delivering this crucial aid to Israel another day," he said.Democrats objected, stressing...
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