Key U.S. Senator Sinema agrees to $430 billion drug, energy bill

WASHINGTON, Aug 4 (Reuters) – Democratic US Senator Kyrsten Sinema said on Thursday she agreed to “move forward” on a $430 billion drug pricing, energy and tax bill, subject to a Senate arbiter’s approval of the bill, which Democrats intend to pass over Republican objections. Senate Majority Leader Chuck Schumer said earlier on Thursday the … Read more

Argentina economy minister, IMF deal architect, quits as government crisis builds

Argentina’s Economy Minister Martin Guzman poses for a picture before an interview with Reuters at the Economy Ministry, in Buenos Aires, Argentina December 10, 2020. REUTERS/Agustin Marcarian Register now for FREE unlimited access to Reuters.com Register BUENOS AIRES, July 2 (Reuters) – Argentina’s economy minister Martin Guzman, the architect of a recent major debt deal … Read more

Russia slips into default zone as payment deadline expires

The clock on Spasskaya tower showing the time at noon, is pictured next to Moscow?s Kremlin, and St. Basil?s Cathedral, March 31, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Grace period runs out on $100 mln interest payment due May 27 Some Taiwanese bondholders did not receive payment on Monday … Read more

Yellen says inflation to stay high, Biden likely to up forecast

WASHINGTON, June 7 (Reuters) – US Treasury Secretary Janet Yellen told senators on Tuesday that she expected inflation to remain high and the Biden administration would likely increase the 4.7% inflation forecast for this year in its budget proposal. During a Senate Finance Committee hearing, Yellen said that the United States was dealing with “unacceptable … Read more

Dollar, US stocks fall on inflation concerns

A broker looks at a graph on his computer screen on the dealing floor at ICAP in London, Britain January 3, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register World stock fall, set for biggest monthly drop since March 2020 US stocks weighed down by inflation, Amazon earnings Dollar softens but … Read more

Morning Bid: Something’s off | Reuters

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, US, October 26, 2020. REUTERS/Mike Segar/File Photo Register now for FREE unlimited access to Reuters.com Register A look at the day ahead in markets from Julien Ponthus. It’s the final day of trading … Read more

Macron beats Le Pen: Market reaction

A TV screen shows the face of French President Emmanuel Macron, candidate for his re-election, after early results in the second round of the 2022 French presidential election are published, in Paris, France, April 24, 2022. REUTERS/Piroschka Van De wow Register now for FREE unlimited access to Reuters.com Register LONDON, April 24 (Reuters) – Following … Read more

Stocks rally fizzles, bond markets ponder risks for U.S. economy

Euro STOXX 600 drops 0.6% US bond market signals economic pain ahead Treasury 10-year yields lower Ukraine-Russia negotiations earlier buoyed stocks wall street down NEW YORK, March 30 (Reuters) – The US and European equities rally wavered on Wednesday as investors reviewed economic and geopolitical risks, while oil prices jumped more than $2 on the … Read more

G20 members condemn Russia’s war in Ukraine, after Yellen and others stage walkout

WASHINGTON/LONDON, April 20 (Reuters) – Top officials from Britain, the United States and Canada walked out on Russia’s representatives at a Group of 20 meeting on Wednesday and many members spoke to condemn Moscow’s war in Ukraine, exposing deep divisions in the bloc of major economies. Indonesian Finance Minister Sri Mulyani Indrawati, who chaired the … Read more

European shares edge up ahead of ECB meeting

A broker looks at a graph on his computer screen on the dealing floor at ICAP in London, Britain January 3, 2018. REUTERS/Simon Dawson Register now for FREE unlimited access to Reuters.com Register Euro STOXX 600 up 0.1% ECB seen as maintaining flexibility on policy Decision at 1145 GMT, news conference at 1230 GMT Bank … Read more