LONDON (Reuters) -Britain’s economy unexpectedly regained momentum in October, despite surging costs and mixed consumer signals, according to surveys on Friday that could tempt the Bank of England to raise interest rates for the first time since the pandemic.FILE PHOTO:
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U.S. economy grew at "modest to moderate" rate: Fed's Beige Book
FILE PHOTO: The Federal Reserve building is set against a blue sky in Washington, U.S., May 1, 2020. REUTERS/Kevin Lamarque/File Photo(Reuters) – The U.S. economy grew at a “modest to moderate” rate in September and early October, as the latest
Boston Fed will not release documents on its former president's trades
WASHINGTON (Reuters) – The Boston Federal Reserve will not release documents that could show whether its former president vetted a series of personal investments last year with its ethics officer, a spokesman for the regional Fed bank said, a key
Pandemic fallout could slow U.S. online holiday spending growth: report
Slideshow ( 2 images )(Reuters) – U.S. online holiday spending is expected to grow at its slowest pace in at least eight years, as product shortages, higher prices and lingering pandemic-related uncertainties threaten to put a strain on the shopping
Asian shares advance on earnings optimism, yen slips to 4-yr low
TOKYO (Reuters) – Asian shares advanced on Wednesday and U.S. long-dated bond yields edged up to a five-month high on rising optimism about the global economy and corporate earnings, while the yen slipped to a four-year low on the dollar.FILE
Asian shares advance on earnings optimism, yen slips to 4-yr low
TOKYO (Reuters) – Asian shares advanced and U.S. long-dated bond yields edged up to a five-month high on Wednesday on rising optimism about the global economy and corporate earnings while the yen slipped to a four-year low on the dollar.FILE
UBS's Weber centre stage as Santander-Orcel court battle resumes
MADRID (Reuters) – UBS Chairman Axel Weber is expected to take centre stage on Wednesday in a court battle that erupted after Spain’s Santander withdrew a multimillion-euro offer to the Swiss lender’s former top investment banker to be its CEO.Slideshow
World shares dip as China growth disappoints, oil extends rally
MILAN (Reuters) – World shares dipped on Monday after data showed slower-than-expected growth in China’s economy last quarter and surging oil prices fed inflation concerns.FILE PHOTO: A woman goes past the Italian Stock Exchange in Milan, as the country is
Saks Fifth Avenue e-commerce unit aims for IPO at $6 billion valuation – WSJ
FILE PHOTO: A Saks Fifth Avenue is pictured during the spread of the coronavirus disease (COVID-19) in the Manhattan borough of New York City, New York, U.S., October 19, 2020. REUTERS/Carlo Allegri(Reuters) -The e-commerce business of luxury department store Saks
From sewers to golf courses, cities see green with new federal covid relief dollars
Duluth, Minnesota, is hiring a social worker to help people with addiction and mental health problems. Pueblo, Colorado, started paying homeless residents to clean city streets. Palm Beach Gardens, Florida — in Palm Beach County, home to 160 golf courses