Reuters US Economy

By Michael S. Derby (Reuters) -Federal Reserve Governor Stephen Miran said on Wednesday that easing financial firms’ regulatory burden could allow the U.S. central bank to shrink the size of its balance sheet again in the future. “As we make more progress peeling back regulations, I expect the optimal level of reserves may drop below …

Easing regulations could lead to smaller Fed balance sheet, Miran says Read More »

(Reuters) -Wall Street’s main indexes opened slightly higher on Wednesday following sharp losses earlier in the week, as investors set their eyes on Nvidia’s earnings which could prove to be a make-or-break moment for the AI trade. The Dow Jones Industrial Average rose 46.9 points, or 0.10%, at the open to 46138.68. The S&P 500 …

Wall Street opens higher as Nvidia test looms Read More »

(Reuters) -The U.S. Commerce Department’s Census Bureau said on Wednesday it would publish both September retail sales and food services and durable goods orders reports next week. Both were delayed by the government shutdown. The monthly sales report for retail and food services will be issued on Tuesday, while the durable goods orders report is …

US Census Bureau to release Sept retail sales, durable goods orders reports next week Read More »

By Fabian Cambero SANTIAGO (Reuters) -Trade between Latin America and the Caribbean will likely grow in 2025 despite broad U.S. tariffs across the region, which have had a weaker impact than initially expected, a report by UN’s Economic Commission for Latin America and the Caribbean (ECLAC) revealed on Wednesday. The ECLAC projected that the value …

Trade between Latin America and the Caribbean due to grow in 2025 despite US tariff policy,  ECLAC report shows  Read More »

LONDON (Reuters) -British Prime Minister Keir Starmer did not rule out extending an income tax threshold freeze when asked about it on Wednesday, amid ongoing speculation about finance minister Rachel Reeves’s budget next week. Reeves needs to raise tens of billions of pounds in taxes in her November 26 budget to stay on track for …

UK PM Starmer does not rule out extending income tax threshold freeze Read More »

By Marc Jones LONDON (Reuters) -Modernising regulations, aligning rules around stablecoins and keeping tabs on ballooning debt and private credit markets are next year’s top priorities, global financial regulators said on Wednesday. The Financial Stability Board, which coordinates financial rules for the Group of 20 economies (G20), set its work programme for 2026, a year …

G20 financial watchdog backs modernising regulations Read More »

By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Anticipation of AI giant Nvidia’s results after today’s closing bell allowed Wall Street stock futures to catch a breath after this week’s latest tech-driven selloff. Meanwhile, global markets are also watching another withering slide in Japan’s yen …

Morning Bid: Tech rout pauses for Nvidia, Japan jarred Read More »