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By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar and bond yields held near multi-month peaks on Monday on expectations the Federal Reserve would slow its pace of easing, while global shares were mostly lower, with investors waiting for Nvidia (NASDAQ:)’s earnings release later in the week. U.S.…
Democrats hope blue states can be the party’s redoubt against Trump’s second term.Democrats will be in the minority in both houses of Congress in January 2025.Democrats are also lining up lawyers to stymie Trump’s agenda and planning for 2028.With Vice President Kamala Harris’ presidential election loss, President Joe Biden leaving…
A major Russian bank launched a 2% mortgage rate that is available only in occupied Ukraine.The rate is rock-bottom, and fixed for 30 years. Russia’s main interest rate is 21%.The incentive is in keeping with other Russian attempts to cement its hold on occupied Ukraine. Russia is debuting a rock-bottom…
Investing.com — Shares of Tapestry, Inc. (NYSE:), the parent company behind Coach , Kate Spade, and Stuart Weitzman, was down in pre-market trading on Tuesday following a downgrade from TD Cowen analysts. The brokerage revised their rating on Tapestry to “hold” from “buy,” citing concerns over both the stock’s recent…
By Brad Brooks LONGMONT, Colorado (Reuters) -U.S. fast-food chains were pulling fresh onions out of their menu items on Thursday after the vegetable was named as the likely source of an E. coli outbreak at McDonald’s (NYSE:) restaurants that has sickened 49 people and killed one. Restaurant Brands International (NYSE:),…
By Julie Zhu, Amy-Jo Crowley and Hadeel Al Sayegh HONG KONG/LONDON (Reuters) – Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter said, pushing ahead with preparations as it awaits UK regulatory…
I’m a mom of three kids, and after becoming a mom, I left my career.This was never my plan, but I can’t imagine myself returning to the workforce.I needed to give myself permission to do what I really wanted to. If you would have told me five years ago that…
By David Shepardson (Reuters) -U.S. District Judge Reed O’Connor said Friday he will hold a hearing on Oct. 11 to consider objections from relatives of those killed in two Boeing (NYSE:) 737 MAX crashes to the planemaker’s agreement to plead guilty to criminal fraud conspiracy. On July 24, the planemaker…
By Tom Sims and Christian Kraemer FRANKFURT (Reuters) -Germany will not sell any more shares in Commerzbank (ETR:) for now and the bank’s strategy is “geared towards independence,” the country’s Finance Agency said on Friday, in the clearest sign yet that the government doesn’t currently favour a takeover of the…
A look at the day ahead in U.S. and global markets from Mike Dolan After a roaring Thursday that saw Wall Street stocks lap up deep Federal Reserve easing into a still-healthy economy, there’s a modest step back today and an eye on other central banks choosing to stand pat…
