Fed's Goolsbee hopes neutral can be in sight by late next year
By Howard Schneider CHICAGO (Reuters) - Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve cuts rates from...
BoC expected to cut rates by 50 bps in December followed by 4 successive 25 bps cuts: Macquarie
Macquarie economists projected that the Bank of Canada (BoC) is set to reduce interest rates by 50 basis points (bps) in December, with expectations of four additional 25 bps cuts...
EU, Mercosur heave free trade deal over the line but potential obstacles loom large
By Lucinda Elliott, Lisandra Paraguassu and Philip Blenkinsop MONTEVIDEO/BRUSSELS (Reuters) - The European Union and South America's Mercosur bloc dragged a long-delayed free...
Explainer-What happens next for TikTok after court ruling against it?
(Reuters) - A U.S. federal appeals court ruled on Friday in favor of upholding a law requiring China-based ByteDance to divest its popular short video app TikTok in the United...
HSBC expects S&P 500 index to hit 6,700 by end-2025
(Reuters) - Brokerage HSBC said on Friday it expects the S&P 500 index to hit 6,700 by the end of 2025, on the back of robust corporate earnings growth and a resilient U.S....
Fed's Hammack says time to slow rate cuts may have arrived
By Michael S. Derby (Reuters) - In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her options open when it...
Factbox-Brokerages retain expectations of 25-bps rate cut from US Fed in December
(Reuters) - Brokerages including Morgan Stanley (NYSE:MS) are reiterating their expectation of a 25-basis-point interest rate cut by the U.S. Federal Reserve in December,...
Key quotes in US appeals court's blockbuster TikTok ruling
(Reuters) - A U.S. federal appeals court on Friday upheld a law that could force China-based ByteDance to sell its short video app TikTok in the United States. Here is a look at...
MS on jobs report: We continue to expect 25bp in Fed fund rate cuts in December
-- November saw a strong recovery in payrolls, with a 227,000 gain surpassing consensus expectations of 220,000, and net upward revisions of 56,000 for prior...
Mexico budget cuts leave it poorly placed to handle Trump deportations, sources say
By Diego Oré MEXICO CITY (Reuters) - Mexico's migration agencies are facing a budget crunch that leaves them poorly placed to handle the mass deportations promised by...