US new residence gross sales rebound in Could; shopper sentiment at report low

Carpenters work on constructing new townhomes which might be nonetheless underneath development whereas constructing materials provides are in excessive demand in Tampa, Florida, US, Could 5, 2021. REUTERS / Octavio Jones / File Photograph Register now for FREE limitless entry to Reuters.com Register New residence gross sales rebound 10.7% in Could; April information revised up … Read more

Studying the market tea-leaves for international recession dangers

A Wall Road signal outdoors the New York Inventory Trade in New York Metropolis, New York, US, October 2, 2020. REUTERS / Carlo Allegri // File Photograph Register now for FREE limitless entry to Reuters.com Register LONDON, June 24 (Reuters) – The quickest rate-hiking cycle in a long time and inflation nearing double-digits has acquired … Read more

US greenback slides as markets re-evaluate Fed price path

US greenback banknotes are displayed on this illustration taken, February 14, 2022. REUTERS / Dado Ruvic Register now for FREE limitless entry to Reuters.com Register The US greenback is tempo for the first weekly decline this month US price hike bets pare again aggressive Fed tightening path US new house gross sales rise; Michigan sentiment … Read more

US bans gross sales of Juul e-cigarettes, firm to hunt keep on enforcement

June 23 (Reuters) – Gross sales of Juul e-cigarettes have been blocked by the U.S. Meals and Drug Administration on Thursday, in a serious blow to the as soon as high-flying agency whose merchandise have been tied to a surge in teenage vaping. The company stated the functions “lacked adequate proof” to indicate that sale … Read more

Biden administration leans on Tesla for steerage in renewable gas coverage reform

June 23 (Reuters) – US President Joe Biden not often mentions electrical automobile maker Tesla Inc (TSLA.O) in public. However privately his administration has leaned on the corporate to assist craft a brand new coverage to permit electrical automobiles (EVs) to learn from the nation’s profitable renewable gas subsidies, based on emails reviewed by Reuters. … Read more

Shares and oil tumble as recession fears mount

European shares, US futures tumble as risk-on temper evaporates Oil costs hunch over 4% forward of anticipated Biden measure Bond yields drop however euro zone spreads widen Greenback bulls pound yen to new 24-year low Graphic: International asset efficiency LONDON, June 22 (Reuters) – World inventory markets and oil costs hit the skids on Wednesday … Read more

Unique: Contained in the hangar on the heart of the $ 1 billion Airbus-Qatar jet dispute

DOHA, June 22 (Reuters) – Two high-tech Airbus A350 jets sit idle with their home windows taped and engines lined in a floodlit hangar within the Gulf, hobbled by a world authorized dispute between European industrial large Airbus (AIR.PA) and Qatar’s nationwide service. From a distance, the planes may look like another long-haul jetliners crowding … Read more

Friday’s Russell rebalance could stoke extra volatility within the nervous inventory market

The monitor shows inventory market data on the buying and selling flooring on the New York Inventory Change (NYSE) in Manhattan, New York Metropolis, US, Might 18, 2022. REUTERS / Andrew Kelly Register now for FREE limitless entry to Reuters.com Register NEW YORK, June 22 (Reuters) – Buyers within the unstable US inventory market are … Read more

Crypto’s newest meltdown leaves punters bruised and bewildered

LONDON / MUMBAI / ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was a perfect place to stash his digital forex holdings – and earn some spending cash from its double-digit rates of interest alongside the best way. “I used to be most likely incomes $ 100 every week,” at websites … Read more

Hometown seems to aspiring Colombia VP Marquez to ship on inequality guarantees

SUAREZ, Colombia June 16 (Reuters) – Former neighbors and colleagues in Colombia’s largely marginalized Cauca province hope vp candidate Francia Marquez, a single mom and former housekeeper, will assist areas affected by violence and poverty if her ticket wins the election on Sunday. However it’s unclear how a lot freedom Marquez, 40, must perform her … Read more