Author Archives: Syndicated Content
Fed's Bostic says first rate cut should come in Q4 of this year
(Reuters) - The Federal Reserve should not cut its benchmark interest rate until the end of this year, Atlanta Fed President Raphael Bostic said on Wednesday, as he maintained his view that the U.S. c...
Apr 03, 2024
Analysis-Wall Street gears up for US tax season liquidity test
By Davide Barbuscia NEW YORK (Reuters) - Wall Street is bracing for a potential bout of stress in money markets by putting some cash on the side ahead of U.S. tax day, when high tax-related outflows c...
Apr 03, 2024
US service sector expands moderately in March; price pressures easing
WASHINGTON (Reuters) - U.S. services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, which bodes well for the inflation out...
Apr 03, 2024
Canada services PMI falls in March as downturn lengthens
By Fergal Smith TORONTO (Reuters) - The downturn in Canada's services sector deepened in March as higher prices and elevated borrowing costs crimped customer demand but firms remained confident that b...
Apr 03, 2024
Amazon Web Services lays off tech, sales staff, The Information reports
(Reuters) - Amazon Web Services has laid off a few hundred employees in its division that works on technology for physical retail stores, as well as several hundred more people in its sales, marketing...
Apr 03, 2024
Olympics - Paris museums getting into Olympic groove
By Elizabeth Pineau PARIS (Reuters) - Between events, the 14 million visitors expected in Paris during the Olympics will have the opportunity to nourish their minds in thematic exhibitions listed on t...
Apr 03, 2024
Five people feared dead in chemical factory blast in India - NDTV
NEW DELHI (Reuters) - At least five people were feared to be dead and several others trapped after a blast at a chemical factory in southern India's Telengana state on Wednesday, broadcaster NDTV repo...
Apr 03, 2024
Underground hideout from nearly 2,000 years ago unearthed in Israel
By Ari Rabinovitch HUQOQ, Israel (Reuters) - Archaeologists in northern Israel have uncovered an immense underground hideout comprising narrow tunnels and bigger rooms that were dug by Jewish villager...
Apr 03, 2024
ECB's central scenario points to interest rate cut in June, De Cos says
MADRID (Reuters) - The European Central Bank could start cutting interest rates in June after a continued slowdown in inflation in the euro zone, ECB policymaker Pablo Hernandez de Cos said on Wednesd...
Apr 03, 2024
EU condemns attack on Iran's embassy in Damascus, urges restraint
BRUSSELS (Reuters) - The European Union on Wednesday condemned an airstrike on the Iranian embassy in Damascus on April 1 that killed seven people and called on countries in the region to show restrai...
Apr 03, 2024
