Trump tariffs could cut GDP growth by 0.5 pct points, French prime minister says
PARIS (Reuters) – France could see a 0.5 percentage point reduction in gross domestic product growth as a result of…
Category: Economy
Bullish investors cut cash levels to 15-year low, BofA says
MILAN (Reuters) – Bullish investors cut cash levels to 3.5%, the lowest since 2010, as they went long stocks and…
Elliott builds $1.5 billion stake in Aspen, opposes Emerson deal
(Reuters) -Activist investor Elliott Management said on Friday it has invested more than $1.5 billion in Aspen Technology, opposing the…
Coffee’s record highs continue as it approaches $4 per lb
By Maytaal Angel and Marcelo Teixeira NEW YORK (Reuters) -The relentless coffee price rally continued on Thursday as arabica futures…
Fed’s Goolsbee says he feels more comfortable that labor market is stabilizing, WSJ reports
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing,…
Australia’s HMC Capital launches new digital infrastructure trust in $1.8 billion IPO
By Roushni Nair (Reuters) -Australia’s HMC Capital on Thursday unveiled plans to launch DigiCo REIT, a new digital infrastructure real…
Snap-On misses quarterly sales estimates on lower tool demand
(Reuters) – Snap-On posted a lower-than-expected third-quarter sales on Thursday, as inflationary pressures weighed on demand in the tools segment.…
UK consumer confidence matches almost 3-year high in August
(Reuters) – British consumer confidence held at an almost three-year high in August, bolstered by improving sentiment around personal finances…
Yields surge as data renews economic confidence
(In Aug 15 story, corrects typo in firm name in paragraph 10 to “+” from “&”) By Alden Bentley NEW…
Fed’s Goolsbee: Keeping policy tight for too long will hurt US jobs
(Reuters) – Federal Reserve Bank of Chicago President Austan Goolsbee said on Sunday that U.S. credit conditions are tight and…