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Markets doubt Fed"s ability to defend economy, spur inflation

The U.S. Federal Reserve wanted to do two things when it cut rates for the first time in a decade last month: Support the economy and spark inflation expectations......»»

Category: topSource: REUTERS2 hr. 55 min. ago Related News

FAA plans to test Boeing MAX software on less-experienced pilots: sources

The U.S. Federal Aviation Administration plans to test next month how pilots with around one year of experience flying Boeing 737 jets handle new software on the MAX model, four sources with knowledge of the matter said......»»

Category: topSource: REUTERS2 hr. 55 min. ago Related News

UK retail sales collapse at fastest pace since 2008 - CBI

British retail sales plunged in August at the fastest pace since December 2008, according to a survey published on Thursday (August 22) that added to signs of a slowing economy ahead of Brexit in just over two months' time. Edward Baran reports......»»

Category: videoSource: REUTERS3 hr. 10 min. ago Related News

Macron meets Johnson, while Pound recovers slightly on backstop hopes

French President Emmanuel Macron warns Prime Minister Bor.....»»

Category: videoSource: REUTERS3 hr. 10 min. ago Related News

Breakingviews TV: Vier zwanzig

Aug 22 - Volkswagen scotched a report t.....»»

Category: videoSource: REUTERS3 hr. 10 min. ago Related News

Trump talks up economy, talks down Fed amid mixed data

President Donald Trump said U.S. economic growth could be record-setting if the Federal Reserve would only lower interest rates further, as reports on Thursday painted a decidedly mixed picture of the nation's economy......»»

Category: topSource: REUTERS4 hr. 25 min. ago Related News

Stocks retreat as investors eye Fed"s Jackson Hole meet

An index of global stock markets slipped on Thursday as investors worried about uncertainty over the outlook for U.S. interest rate cuts even as weak U.S. manufacturing data raised concerns about the health of the world's largest economy......»»

Category: topSource: REUTERS4 hr. 25 min. ago Related News

Mediaset files complaint against Vivendi with Italy watchdog

Mediaset has filed a complaint with Italy's market watchdog, accusing shareholder Vivendi of leaking information with a view to scuppering its corporate restructuring plans, the Italian broadcaster said on Thursday......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Volkswagen not interested in buying Tesla stake

Volkswagen said on Thursday it was not interested in taking a stake in Tesla , denying a media report that CEO Herbert Diess wanted to buy shares in the U.S. company to access its software and batteries technology......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Ford names new president for China joint venture to deepen alliance amid falling sales

Ford Motor Co on Thursday named Steven Armstrong president of the Changan Ford joint venture in China to deepen the alliance and push for more models, as the U.S. carmaker tries to stem a decline in sales in the world's second largest economy......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Fed"s Harker says does not see case for additional stimulus: CNBC

Philadelphia Federal Reserve Bank President Patrick Harker said on Thursday that he does not see the case for additional stimulus......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

China buys U.S. soybeans after declaring ban on American farm goods

China snapped up a small volume of U.S. soybeans last week after pledging to halt purchases of American farm products due to the escalating trade war between Washington and Beijing, U.S. Department of Agriculture data showed on Thursday......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Wall St. falls after disappointing data, Fed policymakers dampen rate cut hopes

U.S. stocks turned lower on Thursday as the first contraction in the manufacturing sector in nearly a decade and uncertainty about future interest rate cuts overshadowed an initial boost from upbeat retail earnings......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Oil eases as Jackson Hole meeting gets underway

Oil prices weakened on Thursday as worries about the global economy weighed and equity markets were under pressure as uncertainty over the outlook for U.S. interest rate cuts left investors on edge......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Fed"s Powell, under pressure, likely to stick to "mid-cycle" message

Federal Reserve Chair Jerome Powell comes to this year's meeting of central bankers in Jackson Hole, Wyoming, caught between discord within the U.S. central bank over appropriate monetary policy and mounting outside pressure for more interest rate cuts......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Pompeo tells Trudeau that U.S. officials are focusing on release of two Canadians in China

U.S. Secretary of State Mike Pompeo on Thursday assured Canadian Prime Minister Justin Trudeau that American officials were working to free two Canadian men who have been held by China since late last year......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

China blames Canada for difficulties in relationship, demands Huawei exec be freed

China's embassy in Canada said on Thursday that bilateral ties were suffering "gross difficulties," and demanded Ottawa free Huawei Technologies Co Ltd Chief Financial Officer Meng Wanzhou......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Exclusive: Boeing, grappling with uneven 737 supply chain, targets 52/month in February - sources

Boeing Co has told suppliers it will resume production of its best-selling 737 jets at a rate of 52 aircraft per month in February 2020, then stepping up to a record 57 jets monthly in June, three people familiar with the matter told Reuters......»»

Category: topSource: REUTERS4 hr. 40 min. ago Related News

Could Africa"s largest wind farm boost Kenya"s green energy plans?

Based in northern Kenya, Lake Turkana Wind Farm is now fully operational and could help the country to reach 100% green energy by 2020. Kwame Amoah Mensah reports......»»

Category: videoSource: REUTERS5 hr. 55 min. ago Related News

Markets await rate cut clues from Fed chief

Federal Reserve Chairman Jerome Powell delivers a closely-watched speech this week amid mounting pressure to signal more rate cuts are in the works to avoid a recession......»»

Category: videoSource: REUTERS6 hr. 40 min. ago Related News