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WASHINGTON (Reuters) -Sales of previously owned U.S. homes increased solidly in August as lower mortgage rates pulled buyers back into the market, though a softening labor market could curb further gains. The National Association of Realtors said on Monday pending home sales, based on signed contracts, rebounded 4.0% last month. Economists polled by Reuters had …

US pending home sales rebound in August amid low mortgage rates Read More »

WASHINGTON (Reuters) -U.S. President Donald Trump on Monday said details were forthcoming on tariffs for furniture imports, after announcing levies of up to 50% on such goods last week. “I will be imposing substantial Tariffs on any Country that does not make its furniture in the United States. Details to follow,” Trump said in a …

Trump says details coming on furniture tariffs Read More »

(Reuters) -Electric aircraft maker Beta Technologies filed for an initial public offering in the United States on Monday, the latest company to join the rush to tap a record-breaking bull run in the equity market. Easing trade tensions, robust stock markets and pent-up investor demand have combined to create one of the busiest windows for …

Electric aircraft maker Beta Technologies targets IPO as listing season heats up Read More »

(Reuters) -Videogame publisher Electronic Arts said on Monday it had agreed to be taken private by a consortium that included private equity firm Silver Lake, Saudi Arabia’s Public Investment Fund and Affinity Partners for $55 billion. The company has lined up a slate of major releases for 2025 and beyond, including fresh installments in its …

Factbox-Electronics Arts to go private, Battlefield and FC 26 leads 2025 slate Read More »

By Joel Jose (Reuters) -Goldman Sachs on Monday upgraded its stance on global equities to “overweight” from “neutral” over the three-month horizon, citing improving economic momentum across regions, attractive valuations and growing support from monetary and fiscal policy. “We think that good earnings growth, Fed easing without a recession and global fiscal policy easing will …

Goldman Sachs upgrades global equities on growth optimism, policy support Read More »

By Sheila Dang, Stephanie Kelly and America Hernandez HOUSTON/LONDON (Reuters) -European oil and gas majors BP and TotalEnergies on Monday deepened their commitments to the United States, with BP approving a $5 billion offshore oil field and TotalEnergies buying into an onshore gas field. Higher investment in U.S. oil and gas production aligns with U.S. …

BP and Total deepen commitments to US with major projects Read More »

By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Buoyant world stock markets seem oblivious to the possibility that the U.S. government may be forced to shut down operations this week just as the third quarter comes to a close on Tuesday. But gold also raced …

Morning Bid: Shutdown showdown Read More »

By Matt Tracy, Nivedita Balu and Davide Barbuscia (Reuters) -Global companies including Citigroup and McDonald’s have flocked to Canada’s bond market this year, drawn by strong investor appetite and cheaper borrowing costs, according to LSEG data, analysts and investors. The trend also reflects a growing willingness among issuers and investors to shift away from the …

Foreign issuers tap Canadian bond market as demand for non-US assets grows Read More »

By Howard Schneider WASHINGTON (Reuters) -New Federal Reserve Governor Stephen Miran’s call for big interest rate cuts is based on faith that President Donald Trump’s economic plans will quickly lower the rate of interest that would prevail in a healthy economy, something policymakers see as hard to estimate under the best conditions. It is an …

Fed’s Miran sees Trump economic overhaul driving down rates, others see a risky bet Read More »