Dec 26, 2023
Global stocks edge up, dollar holds near 5-month low

By Koh Gui Qing and Ankur Banerjee NEW YORK/SINGAPORE (Reuters) -Global stocks crept higher on Tuesday and the dollar lingered near a five-month low as investors held fast to bets that cooling U.S. inflation will lead the Federal Reserve to…

Dec 26, 2023
Oil jumps over 2% amid Red Sea vessel attacks, rate cut hopes

By Arathy Somasekhar and Georgina McCartney HOUSTON (Reuters) -Oil climbed more than 2% on Tuesday to its highest level this month, as further attacks on ships in the Red Sea prompted fears of shipping disruptions and on hopes of interest…

Dec 26, 2023
US holiday retail sales grow 3.1%, down from prior year -Mastercard

(Reuters) -U.S. retail sales rose 3.1% between Nov. 1 and Dec. 24, as shoppers looked for last-minute Christmas deals amid big promotions, a Mastercard report showed on Tuesday. The increase is lower than the 3.7% growth Mastercard forecast in September…

Dec 22, 2023
UN pushes for more aid into Gaza, Israel widens offensive

By Michelle Nichols, Nidal al-Mughrabi and Dan Williams UNITED NATIONS/CAIRO/JERUSALEM (Reuters) - The U.N. Security Council approved a toned-down bid to boost humanitarian aid to Gaza on Friday that stopped short of a call for a ceasefire, hours after Israel…

Dec 22, 2023
US inflation decelerating in boost to economy

By Lucia Mutikani WASHINGTON (Reuters) - U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3%, and boosting financial market expectations of an interest rate cut from the…

Dec 22, 2023
Spain’s Madrid region partially revokes trans, LGBTQ rights laws

By David Latona MADRID (Reuters) - Madrid's regional assembly on Friday passed a proposal by the Spanish capital's ruling conservative People's Party (PP) to strip back protections for transgender people, sparking outcry from the opposition and LGBTQ activists. The bill,…