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Japan core inflation seen steady at 1.8% in August: Reuters poll
3+ day, 15+ hour ago (258+ words) TOKYO, Sept 11 (Reuters) – Japan’s core consumer inflation likely held steady in August as the impact of higher oil prices from the Middle East conflict was offset by government subsidies, a Reuters poll showed on Friday. Here are a few details:…...
Japan’s wholesale inflation stays elevated in August, boosts case for rate hike
3+ day, 17+ hour ago (311+ words) TOKYO, Sept 11 (Reuters) – Japan’s wholesale inflation remained elevated in August, data showed on Friday, highlighting mounting price pressures that cement the case for the central bank to raise interest rates this month. The data follows recent hawkish communication from the…...
Trading Day: Inflation palpitations
3+ day, 20+ hour ago (566+ words) In my column today, I look ahead to Friday’s U.S. CPI inflation report, and specifically the importance it has assumed. If it is “hot”, the Fed will almost certainly raise rates next week. But how have we got to a…...
Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports
3+ day, 20+ hour ago (86+ words) WTVB Pentagon in talks to lend $5 billion to AI cloud startup Fluidstack, WSJ reports Sept 10 (Reuters) – The Pentagon is in talks to lend roughly $5 billion to AI cloud-computing startup Fluidstack to shore up the U.S. data-center supply chain, the…...
Tommy Hilfiger takes over Plaza Hotel for his colorful return to NY Fashion Week
3+ day, 21+ hour ago (326+ words) By Danielle Kaye and Jenna Zucker NEW YORK, Sept 10 (Reuters) – American designer Tommy Hilfiger brought a youthful mix of oversized polo shirts and plaid bucket hats to his spring/summer 2027 collection, unveiled at Manhattan’s Plaza Hotel on the first official…...
Bolsonaro, Lula statistically tied in simulated Brazil runoff, Atlas/Bloomberg poll shows
3+ day, 23+ hour ago (179+ words) SAO PAULO, Sept 10 (Reuters) – Brazilian Senator Flavio Bolsonaro and President Luiz Inacio Lula da Silva are statistically tied in a simulated runoff ahead of next month’s election, an AtlasIntel/Bloomberg poll showed on Thursday, with the right-wing lawmaker now holding…...
S&P 500, Nasdaq futures extend losses slightly after August PPI data
4+ day, 4+ hour ago (129+ words) WTVB S&P 500, Nasdaq futures extend losses slightly after August PPI data Sept 10 (Reuters) – The S&P 500 and Nasdaq futures extended losses slightly on Thursday after producer prices data for August. A Labor Department report showed the Producer Price Index…...
BOJ policymaker warns of price risks that may trigger rapid rate hikes
4+ day, 13+ hour ago (734+ words) FUKUI, Japan, Sept 10 (Reuters) – The Bank of Japan may eventually be forced to raise interest rates rapidly if inflation accelerates given the country’s loose financial conditions, board member Kazuyuki Masu said, warning of price risks that solidify the chance of…...
French economy set for only 0.4% growth this year, says INSEE
4+ day, 2+ hour ago (365+ words) PARIS, Sept 10 (Reuters) – The French economy will grow markedly less this year than the government has anticipated as declining purchasing power weighs on consumer spending and firms rein in investment, the national statistics office forecast on Thursday, cutting its outlook....
US FDA pauses new enrollment in Biohaven’s epilepsy drug trials
4+ day, 6+ hour ago (293+ words) Sept 10 (Reuters) – Biohaven said on Thursday the U.S. FDA had imposed a partial clinical hold, pausing new patient enrollment in trials of its experimental epilepsy drug after rodent findings, sending its shares down more than 15% in early trading. • The U....