By Nell Mackenzie LONDON (Reuters) -The S&P 500 index’s fall below a closely watched level gave hedge funds that trade stocks on trends the green light to potentially sell almost $40 billion in equities in the coming week, Goldman Sachs said in a note to clients seen by Reuters. The S&P 500 declined in value…
By Jack Queen (Reuters) -A federal judge on Thursday halted for now President Donald Trump’s deployment of National Guard troops to Washington D.C., dealing Trump a temporary legal setback to his efforts to send the military to American cities over the objections of local leaders. U.S. District Judge Jia Cobb, an appointee of former President…
By Catarina Demony LONDON (Reuters) -A delegation from the Caribbean Community (CARICOM) reparations commission visiting London for the first time urged Britain on Tuesday to help Caribbean nations “clean up the mess” left behind by slavery, colonialism and their enduring impacts. “You have to help us clean up this mess that you have created so…
By Laura Matthews NEW YORK (Reuters) -The dollar strengthened against the yen on Wednesday and the Japanese currency fell to a 10-month low, while Finance Minister Satsuki Katayama declared that Japan’s new government was closely monitoring markets “with a high sense of urgency.” Japanese government ministers including Katayama met Bank of Japan Governor Kazuo Ueda…
By Andrea Shalal, Steve Holland and Trevor Hunnicutt WASHINGTON (Reuters) -Feeling the heat from Americans worried about inflation, U.S. President Donald Trump told owners, operators and suppliers of fast-food chain McDonald’s on Monday that his administration was making progress in combating inflation, but more work needed to be done. Trump, who promised during the 2024 election campaign…
(Reuters) -Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the market in a large surplus of around 2 million barrels per day. The bank forecast Brent crude will average $56 a barrel and WTI $52 in 2026, below current forward curves of $63…
By Samuel Indyk and Naomi Rovnick LONDON (Reuters) -Traders were confident in their view that the European Central Bank would keep rates on hold for now after it left policy unchanged, flagging a more resilient economy and appearing more relaxed about the growth outlook. The ECB held the deposit rate at 2% for a third straight…
(Reuters) -Meta Platforms Inc is targeting at least $25 billion in a bond sale, Bloomberg News reported on Thursday, citing people familiar with the matter. Fixed-income news service IFR said the parent of Facebook and Instagram has filed for a six-part bond sale without disclosing a size, and was marketing bonds with maturities ranging from…
(Reuters) -Top technology companies hit fresh valuation milestones in October, as their shares climbed on expectations of robust demand for AI chips and computing infrastructure driven by the artificial intelligence boom. Nvidia’s shares jumped nearly 11% over the past month, adding about $500 billion in market value as it became the first company to reach…
WASHINGTON (Reuters) -U.S. President Donald Trump set the refugee admissions ceiling at 7,500 for fiscal year 2026, the lowest cap on record, a White House document published on Thursday said, part of a broader effort to reshape refugee policies in the U.S. and worldwide. Trump said in an annual refugee determination dated to September 30…
