Editor's Pick
Bank of Canada may need another big rate cut to adjust for slow growth, economists say
By Promit Mukherjee OTTAWA (Reuters) – The Bank of Canada’s annual economic growth forecast is overly optimistic, economists said, and...
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US business activity rises in October; price pressures easing
WASHINGTON (Reuters) – U.S. business activity increased in October amid strong demand, and firms raised prices for goods and services...
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Fed’s Hammack: Work to bring inflation to target not complete
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said Thursday inflation pressures...
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Bank of England’s Mann says fall in inflation pressure has long way to go
WASHINGTON (Reuters) -Bank of England interest rate-setter Catherine Mann welcomed a recent fall in inflation in Britain but said the...
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Union Pacific misses quarterly profit estimates despite price hikes, shares fall
(Reuters) -U.S. railroad operator Union Pacific (NYSE:UNP) missed Wall Street estimates for quarterly revenue and profit on Thursday, as an...
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Nasdaq’s third-quarter profit rises on fintech strength
By Pritam Biswas and Laura Matthews (Reuters) -Nasdaq reported a rise in third-quarter profit on Thursday, helped by strong demand...
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American Airlines lifts profit view on higher pricing, sales strategy correction
(Reuters) -American Airlines lifted its annual profit forecast on Thursday, on improved pricing power and a recovery from the missteps...
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IMF’s Georgieva says China risks ‘way below’ 4% growth unless reforms are made
(Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday warned that China’s annual economic growth could drop to...
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