Today: April 27, 2024
Today: April 27, 2024

Economy

Here are the big hurdles to the global push to build up renewable energy

The world’s governments have agreed they want to triple renewable energy by 2030, a goal laid out at the U.N. climate summit in December

Where have you been? A California dog missing since the summer is found in Michigan

A dog missing in California since last summer turned up more than 2,000 miles away in Michigan

How effective is California's homelessness programs? State hasn't been tracking

A state audit has found that California spent $24 billion to tackle homelessness over a five year period but didn’t consistently track the outcomes or effectiveness of its programs

Mountain goat stuck under Kansas City bridge survives rocky rescue

An escaped mountain goat that somehow got stuck under a Kansas City bridge has survived a rocky rescue effort and now may be reunited with the owners who suspect he was stolen from their farm two months ago

S&P 500, Nasdaq end sharply higher on soft inflation data, eyes on earnings

By Stephen Culp NEW YORK (Reuters) - U.S. stocks closed higher on Thursday, with tech-related momentum stocks leading the charge, as fresh economic data rekindled hopes that inflation remains in a

Soaring insurance costs hit as US buyers finally get a break on car prices

By Timothy Aeppel (Reuters) - A new form of sticker shock has hit American car buyers like Darin Davis.

Analysis-Funds selling options help temper US stock swings

By Saqib Iqbal Ahmed and Suzanne McGee NEW YORK (Reuters) - Popular funds that sell options for income may be moderating the recent bout of volatility in U.S. stocks, extending the calming effect they

Analysis-Wall Street gears up for US tax season liquidity test

By Davide Barbuscia NEW YORK (Reuters) - Wall Street is bracing for a potential bout of stress in money markets by putting some cash on the side ahead of U.S. tax day, when high tax-related outflows

First attempt to catch orphaned orca calf in Canadian lagoon is unsuccessful

An orphaned killer whale stranded in a remote Vancouver Island lagoon is proving difficult for rescuers to catch

Chinese quant funds expand abroad as rules tighten at home

By Samuel Shen and Summer Zhen SHANGHAI/HONG KONG (Reuters) - China's data-driven quant trading funds are briskly expanding overseas as competition heats up at home and regulators tighten scrutiny of

Prehistoric lake sturgeon is not endangered, US says despite calls from conservationists

Federal wildlife officials have decided not to place lake sturgeon on the endangered species list, ensuring annual spearing seasons in Wisconsin and Michigan can continue

Small biz owners are both hopeful and anxious about the holidays, taking a cue from their customers

All signs point to a relatively solid holiday season for America’s small businesses

Warren Buffett's firm reports $12.8 billion loss as investments fall but its insurers performed well

Warren Buffett's company has reported a $12.8 billion loss as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well

Fed's Cook says hopes current policy setting is adequate to settle inflation

WASHINGTON (Reuters) - Federal Reserve Gov. Lisa Cook said she hopes the central bank's current target interest rate is adequate to return inflation to the Fed's 2% target.

Fed's Cook says rising yields not tied to monetary policy outlook

By Howard Schneider WASHINGTON (Reuters) - The recent rise in long-term U.S. bond yields does not seem to have been driven by investor expectations of further interest rate increases, Federal Reserve

US Treasury's Yellen to meet Chinese vice premier ahead of APEC summit

By David Lawder WASHINGTON (Reuters) - U.S.

Fed's Cook: 'We must remain vigilant to potential shocks'

(Reuters) - Federal Reserve Governor Lisa Cook on Wednesday called out a number of international risks, including persistent inflationary pressures abroad and a further economic slowdown in China,

U.S. suspends Indo-Pacific talks on key aspects of digital trade -lawmakers

By David Lawder WASHINGTON (Reuters) - The Biden administration has suspended talks on some key digital trade aspects of its Indo-Pacific Economic Framework initiative, Democratic lawmakers said on

Cheetahs become more nocturnal on hot days. Climate change may trigger fights among predators

A new study finds that endangered cheetahs are more likely to hunt at dawn and dusk on hot days, which increases their odds of conflict with other nocturnal predators

Fed is making progress on inflation, Goolsbee says

(Reuters) - The Federal Reserve has made significant inroads in its battle to bring inflation down to its 2% target, and attention will turn to how long to keep interest rates at their current level

World wine output to fall to lowest in 60 years

PARIS (Reuters) - World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major European producers, the

Fed's Powell: biggest mistake would be to fail to control inflation

(Reuters) - Federal Reserve Chair Jerome Powell on Thursday said that while the Fed is "not going to ignore" a significant tightening in financial conditions from higher bond yields, there is no "

Bypassing mortgage rates: Share of US homes bought with cash hits highest level in nearly a decade

Homebuyers who can afford to bypass the highest mortgage rates in two decades are increasingly forgoing financing and paying all cash

Fed's Daly: Still too soon to say rate hike cycle is over -CNBC

By Michael S.

Marketmind: China news flow turns into torrent

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.

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