Peru economy shrinks for two straight quarters, minister denies recession
(Reuters) – Peru’s finance minister said on Tuesday that preliminary data showed the country’s economy shrank in June, marking two…
2023
Trump election interference charges include Civil War-era legal rights law
By Jack Queen and Sarah N. Lynch (Reuters) – The charges brought against former President Donald Trump on Tuesday in…
Allstate posts bigger loss as catastrophe claims rise
(Reuters) – Insurer Allstate Corp posted a bigger-than-expected quarterly loss on Tuesday as claims related to higher catastrophic events offset…
Ternium forecasts lower third-quarter earnings as steel prices drop
MEXICO CITY (Reuters) -Steel producer Ternium reported a 21.4% decrease in second-quarter net profit on Tuesday, as shipments remained flat…
Marketmind: US macro ‘pain trade’ bites
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist….
Lumen Technologies shares slide after posting loss of nearly $9 billion
(Reuters) – Lumen Technologies reported a massive quarterly net loss of $8.74 billion on Tuesday, hurt by an impairment charge…
US Fed officials see pathway to soft landing
By Ann Saphir (Reuters) -U.S. central bankers, less than a week after raising interest rates for an 11th time since…
VF Corp cuts annual revenue forecast on cooling North America demand
VF Corp cut its annual revenue forecast on Tuesday, signaling a slowdown in demand for its apparel and sneakers from…
Brazil faces setbacks on push to erase budget deficit
By Bernardo Caram and Marcela Ayres BRASILIA (Reuters) – Delays and disappointments on revenue-boosting measures have made it harder for…
Trump says he hears his indictment will be announced at 5 p.m
WASHINGTON (Reuters) – Former U.S. President Donald Trump said on Tuesday that he had heard that Special Counsel Jack Smith…