HAVANA (Reuters) – Cuba’s communist-run government on Monday slashed by a quarter the weight of its subsidized ration of daily bread, the latest shortage to strain a decades-old subsidies scheme…
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By David Lawder and Lananh Nguyen (Reuters) -Top White House economic adviser Lael Brainard declared that the U.S. economy had turned the corner in bringing down inflation and it was…
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By Nicole Jao NEW YORK (Reuters) -Oil prices rose on Monday as the ongoing impact of Hurricane Francine on output in the U.S. Gulf of Mexico offset persistent Chinese demand…
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By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a nearly 60% chance…
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By Chibuike Oguh and Samuel Indyk NEW YORK/LONDON (Reuters) – The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the…
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By Nell Mackenzie LONDON (Reuters) -Hedge fund Citadel said on Monday it has hired London-based portfolio managers for its Fixed Income and Macro business adding three new hires to start…
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By Hernan Nessi BUENOS AIRES (Reuters) – Argentina’s economy likely shrank 1.4% in the second quarter versus a year earlier, a Reuters poll showed on Monday, the fifth such decline…
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NEW YORK (Reuters) – The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient economy and inflation remaining sticky,…
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all…
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By Jamie McGeever ORLANDO, Florida (Reuters) – As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history. By some…