Goldman Sachs cuts 2023 euro zone growth forecast following weaker economic data
(Reuters) – Goldman Sachs cut its 2023 growth forecast for the euro zone, following weaker economic activity data. Economists led…
Ron DeSantis involved in car accident but is uninjured, spokesperson says
(Reuters) -Florida Governor Ron DeSantis, who is running for the 2024 Republican presidential nomination, was involved in a car accident…
Europe’s factories are slowing but no one has told cyclical stock investors
By Lucy Raitano LONDON (Reuters) – Euro zone manufacturing activity is deteriorating fast, as evidenced by Monday’s Purchasing Managers surveys,…
Binance, CEO plan to seek dismissal of CFTC complaint
(Reuters) -Binance and its CEO, Changpeng Zhao, are planning to seek the dismissal of a regulator’s complaint, accusing it of…
No happy dance on the agenda as Fed ponders resilient US economy
By Howard Schneider WASHINGTON (Reuters) – With the Federal Reserve steaming toward another interest rate hike this week, policymakers face…
PACCAR beats quarterly estimates on strong demand for trucks
(Reuters) – PACCAR Inc beat market estimates for second-quarter profit and sales, helped by strong demand for its trucks and…
IMF increasingly worried about ‘material’ impact of climate change on economies
By Andrea Shalal WASHINGTON (Reuters) – The International Monetary Fund on Tuesday called for better coordinated efforts to address the…
IMF sticks with forecast for limited UK growth in 2023
By David Milliken LONDON (Reuters) – The International Monetary Fund confirmed its latest forecast for British economic growth this year,…
“Last hope”: Eager Germans are prepared to pay for weight-loss drug
By Ludwig Burger and Maggie Fick FRANKFURT/LONDON (Reuters) – Frustrated after countless failed diet and exercise attempts, 41 year-old Jessica…
Analysis-Sensing end of Fed hikes, some investors return to dividend stocks
By David Randall NEW YORK (Reuters) – Some investors are giving the shares of dividend-rich companies a second look as…