Economy

By Michael S. Derby NEW YORK (Reuters) – Americans said they expected higher inflation over the longer run last month, as their expectations of credit turbulence rose to the highest…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of San Francisco President Mary Daly said on Tuesday that even with last month’s rate cut monetary policy is…

PARIS (Reuters) -French luxury giant LVMH reported a 3% fall in third-quarter sales on Tuesday, its first decline in quarterly sales since the pandemic, as rising prices and economic uncertainty…

(Reuters) – U.S. holiday sales are expected to grow as much as 3.5%, the slowest pace in six years, the National Retail Federation forecast on Tuesday, as shoppers turn more…

By Steven Scheer JERUSALEM (Reuters) -Israel’s inflation rate eased in September for the first time in seven months, data from the Central Bureau of Statistics showed on Tuesday, but it…

MEXICO CITY (Reuters) – The International Monetary Fund (IMF) on Tuesday said it sees Mexico’s economic growth slowing to around 1.5% this year, citing capacity constraints and tight monetary policy.…

(Corrects day of week in first paragraph to Tuesday) (Reuters) – The U.S. Commerce Department on Tuesday added three companies in China to a list of firms receiving U.S. exports…

(Reuters) -Wall Street’s biggest banks reported rising investment-banking fees in the third quarter fueled by more deals and as companies increasingly issued debt, and said that their pipeline of new…

(Reuters) – PNC Financial (NYSE:PNC) reported a 4% drop in third-quarter net profit on Tuesday, as it earned less from customer interest payment and set aside a bigger buffer of…

(Reuters) – Brokerage firm Charles Schwab (NYSE:SCHW)’s third-quarter net income rose about 25% on Tuesday, driven by a jump in asset management fees and client assets hitting a record high,…