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Fed seen delivering 25 bps cut next month after inflation data

(Reuters) – Traders on Thursday added to bets the Federal Reserve will deliver a 25 basis point interest-rate cut in November after a government report showed inflation last month was…

October 10, 2024

Economy

ECB accounts show cautious stance on further policy easing

FRANKFURT (Reuters) – European Central Bank policymakers appeared content with the drop in inflation when they met last month but argued for a gradual policy easing given lingering domestic price…

October 10, 2024

Economy

Hurricane Milton spawns tornadoes, leaves millions without power in Florida

By Brad Brooks and Leonara LaPeter Anton ST. PETERSBURG, Florida (Reuters) – Hurricane Milton marched across Florida on Thursday, whipping up deadly tornadoes, destroying homes and knocking out power to…

October 10, 2024

Economy

IKEA sales fall 5% after price cuts amid weak housing market

By Helen Reid LONDON (Reuters) – IKEA annual sales fell 5% after the Swedish budget homeware retailer cut prices in a bid to attract more shoppers and maintain its share…

October 10, 2024

Politics

Ohio voters dismiss false claims about Haitians, but Trump has slight lead, Post poll finds

Most Ohio voters don’t believe former president Donald Trump’s debunked claim that Haitian immigrants in Springfield are “eating people’s pets,” and agree with Republican Gov. Mike DeWine’s defense of Haitians…

October 10, 2024

Politics

Lawmakers spending even more in 2024 under receipt-free expense program

House lawmakers expensed at least $2.5 million under a program that allows them to be reimbursed for their spending without submitting receipts through the first five months of 2024, over…

October 10, 2024

Politics

Is the Trump campaign’s male-dominated culture losing women votes?

Soon after Donald Trump’s campaign team took over the Republican National Committee earlier this year, a senior Trump aide was asked how to combat news stories that the campaign had…

October 10, 2024

Stock

Domino’s Pizza Q3 revenue misses estimates, earnings beat

Investing.com — Domino’s Pizza (NYSE:DPZ) Inc. reported third-quarter earnings that beat analyst expectations, but revenue fell short of estimates, causing shares to slip 1.3% in early trading. The world’s largest…

October 10, 2024

Stock

Apple dips as Jefferies says iPhone 16 demand ‘remains weak’

Investing.com — Demand for Apple Inc (NASDAQ:AAPL)’s iPhone 16 “remains weak,” Jefferies analysts revealed in a Thursday note, with delivery lead time continuing to shorten across major markets. Citing recent…

October 10, 2024

Stock

Deutsche Telecom shares up on plans to accelerate revenue and earnings growth

Investing.com — Deutsche Telekom (ETR:DTEGn) shares rose following the company’s plans to accelerate revenue and earnings growth, backed by a strategy that includes a share buyback program of up to…

October 10, 2024