Economy
Japan Inc set to offer bumper pay hikes, paving way for BOJ stimulus exit By Reuters
By Tetsushi Kajimoto TOKYO (Reuters) - Big Japanese companies look set to formally offer hefty pay hikes at annual wage talks with unions that wrap…
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Elon Musk and Mark Zuckerberg will talk AI rules in Senate forum on Wednesday
Excitement over generative artificial intelligence and its potential to revolutionize the U.S. economy has swept through corporate boardrooms, and lawmakers…
Argentina August inflation forecast at highest since 1991
By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's Consumer Price Index (CPI) likely rose 11.8% in August, which would be…
California could increase minimum wage for fast food, health care workers under new proposals
Fast food and health care workers in California are slated to see major salary increases under a deal announced Monday…
Jim Chanos says China ‘poses grave financial and geopolitical threats’ — ‘more so today than ever before’
“‘I continue to believe thatthe Chinese economic model poses grave financial and geopolitical threats to the U.S. and itsinterests, more…
Marketing firm Klaviyo eyes up to $8.4 billion valuation in US IPO
By Sri Hari N S and Manya Saini (Reuters) -Klaviyo is seeking a fully-diluted valuation of up to $8.4 billion…
Inflation is set for a big increase, CPI to show. Here’s why.
Is inflation getting worse? Consumer prices are expected to post the biggest gain in August in more than a year.…
China’s economic headwinds could hit region, US Treasury deputy says
WASHINGTON (Reuters) -China's economic problems are more likely to affect the region than the United States, U.S. Deputy Treasury Secretary…
Bond strategists stand ground, say U.S. Treasury yields have peaked: Reuters poll
By Sarupya Ganguly BENGALURU (Reuters) - The benchmark U.S. 10-year Treasury note yield has peaked in the current cycle, according…
Treasury yields nudge lower as traders eye looming inflation data
U.S. bond yields fell on Tuesday as traders prepared for August economic data on inflation and retail sales on Wednesday…
US CFTC official pushes for national financial fraud database
By Chris Prentice NEW YORK (Reuters) - A top U.S. regulator on Monday proposed the creation of a federal registry…
The economy is doing better than anyone thinks, but these troubles are in the pipeline, says Bill Ackman
Stock investors are showing some hesitancy for Tuesday, with big signals on the economy coming this week via consumer prices…
Airline SAS extends deadline for equity fundraising
(Reuters) -Scandinavian airline SAS, battling to emerge from bankruptcy protection, said on Monday it was extending the deadline for final…
Eight more companies including Nvidia and Palantir agree to White House AI standards
The White House on Tuesday said eight more companies — Adobe, Cohere, IBM, Nvidia, Palantir, Salesforce, Scale AI, and Stability…
Shutdown risk looms as US Congress faces spending, impeachment brawl
By David Morgan WASHINGTON (Reuters) - The U.S. House of Representatives returns this week for an expected political brawl over…
US SEC fines 9 investment firms over marketing rule failures
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Monday ordered nine investment advisory firms to pay a combined…
U.S. stock futures dip ahead of Apple event, with inflation data looming
U.S. stock futures were struggling to make headway early Tuesday as traders kept their powder dry ahead of Apple’s marketing…
Marketmind: Japan waves ripple far and wide
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.…
Funds’ short dollar position smallest in three months: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -Hedge funds' bearish view on the dollar is evaporating fast and at the current…