Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Analysis-Rate cut hopes buoy U.S. stocks ahead of uncertain 2024
By David Randall, Lewis Krauskopf and Carolina Mandl (Reuters) - Hopes that an economic soft landing will lead the Federal Reserve to pull back on interest rates have ignited Wall Street's appetite fo...
Nov 29, 2023
US economy slowed in recent weeks, Fed survey shows
(Reuters) - U.S. economic activity slowed from late October through the middle of November, while businesses reported inflation largely moderating and easier hiring for jobs, the Federal Reserve said ...
Nov 29, 2023
Social media CEOs to testify at US Senate hearing in January
WASHINGTON (Reuters) - The chief executives of social media companies Meta, X, TikTok, Snap and Discord will testify on online child sexual exploitation at a U.S. Senate hearing rescheduled for Jan. 3...
Nov 29, 2023
Current policy rate lets Fed be ‘nimble’ with incoming data, Mester says
By Michael S. Derby NEW YORK (Reuters) - Cleveland Federal Reserve President Loretta Mester said on Wednesday that an easing of inflation pressures has given the U.S. central bank time to decide the n...
Nov 29, 2023
Euro zone economic sentiment inches up in November
BRUSSELS (Reuters) - Euro zone economic sentiment increased slightly for a second consecutive month in November, in line with expectations, as a modest up-tick of the mood in services, retail and amon...
Nov 29, 2023
Fed’s Bostic sees slower growth, falling inflation pressures
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said on Wednesday he expects U.S. growth to slow and inflation to continue to ease on the back of tigh...
Nov 29, 2023
Federer-backed On, Decker’s Hoka starting to take more retail shelf space from Nike, Adidas
By Ananya Mariam Rajesh (Reuters) - Upstart footwear brands such as On Holding and Hoka are grabbing more shelf space at retailers globally, competing with giants like Nike and Adidas as their catchy ...
Nov 29, 2023
Instacart partners with Peacock to offer streaming content to US subscribers
(Reuters) - Instacart said on Wednesday it had partnered with NBCUniversal's Peacock to provide the streaming service at no extra cost to all paying U.S. subscribers of the grocery delivery firm. In r...
Nov 29, 2023
China’s Powerlong Real Estate warns of debt default risk
(Reuters) - Powerlong Real Estate said on Wednesday its cash on hand and bank deposits would not be enough to cover existing and future debt, making it the latest Chinese property developer that could...
Nov 29, 2023
Foot Locker to step into India, inks deals with Metro Brands, Nykaa
By Hritam Mukherjee BENGALURU (Reuters) -Foot Locker will enter the Indian market in 2024 in partnership with local peer Metro Brands and cosmetics-to-fashion retailer Nykaa, the U.S.-based athleisure...
Nov 29, 2023
