US producer inflation subsides as energy, food prices drop
By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices fell more than expected in May...
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Fed’s Powell appears to see plenty of room to run on balance sheet drawdown
By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday...
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Recession risks still loom for markets calmer after banking turmoil
(Reuters) – The euro zone has slipped into recession and Chinese data has disappointed, warning...
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Outsized US job gains may mask signs of weakness
By Howard Schneider WASHINGTON (Reuters) – The gain of 339,000 U.S. payroll jobs in May...
US labor market remains resilient as job openings climb, layoffs drop
By Lucia Mutikani WASHINGTON (Reuters) – U.S. job openings unexpectedly rose in April and data...
Fed’s Kashkari open to holding rates steady in June, WSJ reports
(Reuters) – Minneapolis Fed President Neel Kashkari said that he could support holding interest rates...
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Wall Street Week Ahead: U.S. consumer price data to test feared stagflation scenario
By David Randall NEW YORK (Reuters) – Fears of stagflation are percolating on Wall Street,...
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How a US debt crisis standoff could cause a recession – a bad one
By Ann Saphir and Dan Burns WASHINGTON – A fight between Republicans and Democrats over...
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Vanguard bought large banks’ bonds on the cheap during March turmoil
By Davide Barbuscia NEW YORK (Reuters) – Vanguard, the world’s second-largest asset manager, increased exposure...
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Exclusive-G7 coalition to keep Russian oil price cap at $60 per barrel -source
By Andrea Shalal WASHINGTON (Reuters) -The Group of Seven (G7) coalition will keep a $60...