By Sinéad Carew (Reuters) -As investors monitor crowd sizes at stores on Black Friday they will be shopping for a different kind of holiday deal: retailers that do well in a mixed economy characterized by high prices and limited shopping budgets. Along with retail powerhouse Walmart, off-price retailers such as TJX and Ross Stores are expected …
Uneven economy will drive investors’ Black Friday stock picking Read More »
By Anushree Mukherjee (Reuters) -Oil prices are projected to remain under pressure in 2026, as swelling supplies eclipse modest demand growth, while geopolitical risks could cap deeper losses, a Reuters poll showed on Friday. The survey of 35 economists and analysts forecast that Brent crude would average $62.23 per barrel in 2026, down from October’s …
Swelling supply to keep oil prices under strain in 2026 Read More »
(Reuters) -An outage at the world’s biggest exchange operator CME Group on Friday halted trading on its popular currency platform and in futures spanning foreign exchange, commodities, Treasuries and stocks. CME said in a statement the problem was a cooling issue at CyrusOne data centres, adding it was working to resolve it in the “near …
By Helen Reid LONDON (Reuters) -Workers went on strike at Amazon warehouses in Germany on Black Friday aiming to disrupt operations on a key sales day as they push for a collective bargaining agreement, with separate protests also planned outside Zara stores in Spain. Services union Verdi said around 3,000 workers were expected to participate at …
Workers strike on Black Friday at Amazon warehouses in Germany Read More »
By Saqib Iqbal Ahmed NEW YORK (Reuters) -Beneath the U.S. bond markets’ composure around the prospect of White House economic adviser Kevin Hassett becoming the next Federal Reserve chair lies a niggling worry that his bias for interest rate cuts will undermine the dollar. Bets on Hassett replacing Jerome Powell when his Fed chairmanship ends …
Hassett at the Fed helm could pressure the dollar, investors say Read More »
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -Conflicting signals from the Federal Reserve on the timing and magnitude of U.S. interest rate cuts have accelerated hedging flows into swaptions and derivatives tied to overnight rates, with investors seeking protection against heightened policy uncertainty. Short-term volatility –specifically three-months and under — on longer-dated swaptions such as those …
Divided Fed sparks surge in rate options hedging as policy uncertainty lingers Read More »
(Reuters) -Online sales in the U.S. on the Thanksgiving holiday are expected to rise 6% compared with last year to reach $8.6 billion, data from Salesforce showed on Thursday, suggesting shoppers were lapping up steep discounts from retailers to splurge amid tariff-induced macroeconomic uncertainty. As of 2 p.m. ET (1900 GMT), Thanksgiving spending in the …
US Thanksgiving online sales expected to rise 6%, Salesforce data shows Read More »
(Reuters) -A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, the Financial Times reported on Friday, citing people familiar with the matter. Reuters could not immediately verify the report. (Reporting by Preetika Parashuraman in Bengaluru; Editing by Nivedita Bhattacharjee)
BENGALURU (Reuters) -Australian home prices will rise more than previously expected in 2026, thanks to tight supply and resilient demand, according to a Reuters poll of analysts who said a lack of entry-level homes is still among the biggest barriers for first-time buyers. House prices rose around 40% during the COVID-19 pandemic but fell about …
Australia home prices set to rise about 7% in a tight market: Reuters poll Read More »
By Marcela Ayres BRASILIA/RIO DE JANEIRO (Reuters) -Brazil will seek U.S. cooperation in fighting organized crime in its fuel sector, Finance Minister Fernando Haddad said on Thursday, after a police operation flagged money laundering by Delaware-based firms to help one of the worst tax dodgers in the South American country. Haddad said the issue may …
Brazil seeks US cooperation in money-laundering probe Read More »
