Goldman Sachs raises 2024 GDP growth forecast to 2.3%
(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1%...
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Flagging loan margins, one-off charges drag down profit at major US banks
By Michelle Price, Saeed Azhar and Tatiana Bautzer WASHINGTON (Reuters) -Major U.S. banks reported lower...
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US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) – U.S. chip stocks added to a string of losses on...
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Mega-cap companies saw strong gains in 2023 amid tech optimism
(Reuters) – Global mega-cap companies, led by the technology sector, posted solid gains in 2023,...
Xi says China to consolidate and enhance economic recovery in 2024
BEIJING (Reuters) – President Xi Jinping said on Sunday that China will consolidate and enhance...
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Boeing says Chinese airlines resumed operating all 737 MAXs in 2023
BEIJING/SEOUL (Reuters) -All Boeing 737 MAX jets operated by Chinese carriers are back in service...
Commodities
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China bans export of rare earths processing tech over national security
By Siyi Liu and Dominique Patton BEIJING (Reuters) – This Dec. 21 story has been...
Fed’s Bostic: No ‘urgency’ for rate cuts
By Howard Schneider ATLANTA (Reuters) – There is no current “urgency” for the Federal Reserve...
Government Debt
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Investors retreated from global bond funds on caution ahead of Fed decision
(Reuters) – Investors pulled back sharply from global bond funds in the seven days through...
Dow ends at record high as Fed signals lower borrowing costs in 2024
By Caroline Valetkevitch NEW YORK (Reuters) -The Dow Jones industrial average hit its first record...