Fed’s Collins sees more rate cuts ahead for US central bank
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins reiterated on Wednesday she...
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Stock
Morning Bid: Nvidia beats, but fails to provide spark
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors hoping that Nvidia (NASDAQ:NVDA)’s eagerly-awaited...
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Billionaire Gautam Adani of India’s Adani Group indicted in US bribery case
NEW YORK (Reuters) -Gautam Adani, the chair of Indian conglomerate Adani Group and one of the world’s richest people, has...
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Goldman Sachs CEO Solomon sees robust capital markets next year, CNBC reports
(Reuters) – Goldman Sachs CEO David Solomon expects capital markets to be more robust in 2025, he said in an...
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Fed’s Bowman says rate cuts are concerning
By Ann Saphir (Reuters) – Federal Reserve Governor Michelle Bowman on Wednesday expressed discomfort with the U.S. central bank cutting...
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Non-recessionary rate-cutting cycle should support credit, Pinebridge says
By Matt Tracy WASHINGTON (Reuters) – Asset manager PineBridge Investments said in a report that it is seeing the start...
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Fed’s Cook: More cuts likely appropriate as disinflation expected to continue
By Howard Schneider CHARLOTTESVILLE, Va. (Reuters) – U.S. inflation continues to ease, with wages and the job market cooling and...
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LVMH brands can choose to forge deals with Paris FC soccer club or not, Arnault family says
PARIS (Reuters) – The Arnault family holding will not pressure LVMH brands into forging partnerships with Paris FC once it...
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Russian inflation jumps 0.37% in latest week
MOSCOW (Reuters) – Russian consumer prices rose 0.37% in the latest week, up from 0.3% in the previous week, data...
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PIMCO bullish on stocks on US soft landing hopes, cautious on inflation
By Davide Barbuscia NEW YORK (Reuters) – An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO...
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