Nov 14, 2023
Goldilocks hopes return to Wall St after benign inflation report

By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) - A benign U.S. inflation report is bolstering hopes that the Federal Reserve can bring down consumer prices without hurting the economy, a so-called Goldilocks environment that investors believe will…

Nov 14, 2023
Donald Trump’s older sister Maryanne Trump Barry dies at 86

WASHINGTON (Reuters) - Maryanne Trump Barry, former president Donald Trump’s older sister and a former federal judge, has died at age 86, according to family members. The former president remembered his late sister in a Truth Social post on Tuesday.…

Nov 13, 2023
Arson determined as cause of Los Angeles freeway fire

By Steve Gorman and Daniel Trotta LOS ANGELES (Reuters) -Investigators have determined arson caused the weekend fire that heavily damaged an elevated stretch of a downtown Los Angeles freeway, forcing its indefinite closure and setting the stage for prolonged traffic…

Nov 13, 2023
S&P 500 takes a pause ahead of U.S inflation data

By Sinéad Carew and Sruthi Shankar (Reuters) - The S&P 500 closed Monday's session slightly lower as investors held their breath before a crucial inflation reading that could provide clues as to how long the U.S. Federal Reserve will keep…

Nov 13, 2023
Amazon cuts games unit jobs in broader restructuring

By Greg Bensinger (Reuters) -Amazon.com has cut around 180 jobs in its games division, at least the second round of layoffs in under a week by the online retailer and digital streaming provider in a broader restructuring, an email viewed…

Nov 13, 2023
Oil settles up 1% as OPEC report dampens demand concerns

By Shariq Khan BENGALURU (Reuters) - Oil prices rose by more than 1% on Monday after OPEC's monthly market report eased worries about waning demand and a U.S. probe into suspected violations of Russian oil sanctions raised concerns about potential…