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Instant View: U.S. consumer prices fall in December
NEW YORK (Reuters) - U.S consumer prices unexpectedly fell for the first time in more than 2-1/2 years in December amid declining prices for gasoline and other goods, suggesting that inflation was now...
Jan 12, 2023
Euro hits 7-month high, European shares briefly drop after U.S. CPI
LONDON (Reuters) - The euro hit a seven-month high, European government bond yields briefly trimmed falls and European shares dipped after data showed an easing in U.S. inflation in December. The U.S....
Jan 12, 2023
Fed seen near certain to switch to smaller rate hikes as inflation slows
(Reuters) -The Federal Reserve is now seen nearly certain to deliver just a quarter-point interest-rate hike at its next meeting and likely to ultimately stop raising rates short of 5%, after a govern...
Jan 12, 2023
Pell wrote secret memo calling Francis’ papacy ‘catastrophe’ – journalist
By Philip Pullella VATICAN CITY (Reuters) - The late conservative Australian Cardinal George Pell was the author of an anonymous memo condemning Pope Francis' papacy as a "catastrophe" where political...
Jan 12, 2023
Fed’s Harker ready to downshift to 25 basis-point interest rate hikes
By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of Philadelphia leader Patrick Harker said Thursday that while the central bank needs to raise rates more to cool off inflation, it can pr...
Jan 12, 2023
Bulgarian lawmakers back coal plants with vote to roll back green targets
SOFIA (Reuters) - Bulgaria's lawmakers on Thursday backed a resolution aimed at avoiding an early phase-out of coal-fired power plants as more than 1,500 miners and utility workers demonstrated in fro...
Jan 12, 2023
DCG’s crypto broker Genesis owes creditors more than $3 billion – FT
(Reuters) - Crypto broker Genesis owes creditors more than $3 billion, prompting its owner Digital Currency Group (DCG) to explore selling assets in its venture portfolio to raise money, the Financial...
Jan 12, 2023
Soccer-Resurgent Man United seek revenge against City in weekend of derbies
By Richard Martin MANCHESTER (Reuters) - Manchester United were outclassed by Manchester City in the last local derby but the mood could not be more different as they prepare to host their city rivals...
Jan 12, 2023
ITA Airways investigates ground collision at New York’s JFK airport
MILAN (Reuters) - Italy's ITA Airways said on Thursday it had launched an investigation over a ground collision that took place 10 days ago, involving one of its aircraft, at New York City's John F. K...
Jan 12, 2023
U.S. consumer prices fall in December; weekly jobless claims edge down
WASHINGTON (Reuters) - U.S consumer prices unexpectedly fell for the first time in more than 2-1/2 years in December amid declining prices for gasoline and other goods, suggesting that inflation was n...
Jan 12, 2023
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