by Reuters | Jun 26, 2023 | Business, Economy
SINTRA, Portugal (Reuters) – The world’s top central banks may need longer to get inflation back down to target and a fresh bout of financial turbulence could make the process even more protracted, the International Monetary Fund’s second-in-command said on...
by Reuters | Jun 26, 2023 | Business, Economy, Europe, Middle East, UK, US
By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global demand growth against upcoming supply disruptions that could be exacerbated by political instability in Russia. Brent crude futures...
by Reuters | Jun 26, 2023 | Business, Economy, Technology, US
(Reuters) – Amazon.com’s cloud computing division would invest $7.8 billion through 2030 in Ohio to expand its data center operations, it said on Monday. The e-commerce giant, which has invested $6.3 billion in the state since 2015, has been increasing its...
by Reuters | Jun 25, 2023 | Business, Economy, Europe, Politics
NEW YORK/LONDON (Reuters) -Investors were watching for ripple effects from the aborted mutiny in Russia, with some expecting a move into safe havens such as U.S. government bonds and the dollar. Heavily armed Russian mercenaries withdrew from the southern Russian city...
by Editor, IWD | Jun 25, 2023 | Business, Economy
Ah, July! The month when summer is in full swing and the spirit of adventure fills the air. In the world of investing, this mid-summer period also brings its own unique opportunities. Among these are mid-cap stocks, often considered the perfect mix between the...
by Reuters | Jun 25, 2023 | Business, Economy, US
By Lewis Krauskopf NEW YORK (Reuters) -Some Wall Street banks are sounding caution on the U.S. stock rally, warning that stretched valuations have made equities more vulnerable to declines. The S&P 500 pulled back for the week though it is up more than 13% since...