Fed’s Bostic: possible Fed could lower rates in late 2024 – CNBC
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said on CNBC Friday...
Economy
Americans falling behind on auto loan payments at record pace
A growing number of Americans are falling behind on their car payments, an ominous sign for the U.S. economy as...
EU only wants free trade deal with India that gives it ‘real’ market access
VALENCIA, Spain (Reuters) - European Union member states want to close a free trade deal with India, but only if...
Forvia warns of rising hit from UAW strike, considering layoffs
By Michal Aleksandrowicz and Nick Carey (Reuters) -French car parts maker Forvia on Friday posted solid organic sales growth for...
India rate panel’s focus firm on aligning inflation to 4% target, minutes show
By Swati Bhat MUMBAI (Reuters) - India's monetary policy committee (MPC) will remain focused on aligning inflation to its target...
BofA pushes out final Fed rate hike expectation to December
(Reuters) - BofA Global Research said on Friday it now expects the U.S. Federal Reserve to deliver a 25-basis-point rate...
Canada August retail sales down 0.1%, boost expectations of rate pause
OTTAWA (Reuters) - Canadian retail sales fell by 0.1% in August from July and look set to stay flat in...
Column-What landing? Global economy’s twin engines rev up: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - The 2024 consensus world economic and market view is shaping up to be...
United Auto Workers strike: Cost to US economy tops $9 billion
The United Auto Workers' simultaneous, but limited, strike against Ford, General Motors and Stellantis has now cost the U.S. economy...
House speaker election: Crypto advocate Tom Emmer seen as having the best chance of getting the job
As House Republicans keep fighting over who to elect as speaker, GOP Rep. Tom Emmer of Minnesota is currently viewed...
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