Investing.com — Economic activity slowed across more districts pressured by softer consumer spending and manufacturing activity, according to the Federal Reserve’s Beige Book released Wednesday. “Economic activity grew slightly in…
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By Lindsay (NYSE:LNN) Dunsmuir (Reuters) -U.S. economic activity expanded more slowly from the middle of July through late August and businesses pulled back on hiring, signals that underscore why the…
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By Marc Jones LONDON (Reuters) – Suggestions that the dollar’s dominance of the global financial system is ending are wide of the mark, JPMorgan said on Wednesday, despite some dramatic…
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The likelihood of a larger 50 basis point (bps) rate cut from the U.S. Federal Reserve in September has seen a notable increase in recent days, according to data from…
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By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON (Reuters) -OPEC+ is discussing delaying an oil output increase scheduled to start in October after oil prices hit their lowest in…
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(Reuters) – If producer group OPEC+ doesn’t reduce production further, the average price of oil could drop to $60 per barrel in 2025 due to reduced demand and increased supply…
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By Paul Carsten LONDON (Reuters) -Oil prices rebounded on Wednesday from an extended sell-off, after sources from OPEC+ told Reuters the producer group was discussing delaying a planned output increase…
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Nvidia shares edge lower after AI chipmaker reportedly gets subpoena from DoJ
Investing.com — Shares in Nvidia (NASDAQ:NVDA) were down by 2.5% in premarket US trading after Bloomberg News reported that the company had been sent a subpoena by the US Department of…
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Investing.com – U.S. stocks fell Wednesday, pointing to an extension of the sharp losses seen in the previous session on economic slowdown concerns. At 09:35 EST (13:35 GMT), the Dow…
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Investing.com – All eyes in the foreign exchange markets are firmly focused on Friday’s US jobs report, with Citi stating that the release is likely to market moving for G10…