U.S. home builder confidence falls for the first time in 2023
By Safiyah Riddle (Reuters) – U.S. home builder confidence weakened in August for the first time this year, according to…
Updated
Russian central bank jacks up rates to 12% to support battered rouble
MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency…
Home Depot rides on smaller remodeling projects to top sales, profit estimates
By Deborah Mary Sophia (Reuters) -Home Depot on Tuesday posted better-than-expected quarterly results, cemented by Americans’ steady spending on small-scale…
Major League Baseball umpire loses appeal of discrimination lawsuit
By Jonathan Stempel NEW YORK (Reuters) -A federal appeals court on Tuesday refused to revive longtime umpire Angel Hernandez’s lawsuit…
China’s livestreaming attracts young hopefuls as competition grows
By Casey Hall SHANGHAI (Reuters) – Only a few months after beginning her career as a livestream sales host in…
Canadian inflation jumps in July, raising prospect of another rate hike
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada’s annual inflation rate surged more than expected to 3.3% in…
Wave of Russian air strikes hits western Ukraine, far from front lines
By Andriy Perun LVIV, Ukraine (Reuters) – Russian air strikes hit two western regions of Ukraine bordering NATO member Poland…
Uganda central bank cuts policy rate to boost growth as inflation slows
By Elias Biryabarema KAMPALA (Reuters) -Uganda’s central bank cut its main lending rate on Tuesday for the first time in…
Santiago Pena, Paraguay’s new president, faces tricky balancing act
By Daniela Desantis and Lucinda Elliott ASUNCION (Reuters) – Paraguay’s new president Santiago Pena takes office on Tuesday, a clean-cut…
Nigeria inflation rises to 18-year high in July as reform effects linger
By Elisha Bala-Gbogbo ABUJA (Reuters) – Nigeria’s annual inflation rose to its highest level in nearly two decades in July…