Wall Street closes lower as investors assess data after recent gains
By Echo Wang NEW YORK (Reuters) -Wall Street pulled back on Thursday as investors evaluated key economic indicators ahead of the Federal Reserve's meeting next week. A Thursday...
Ferrovial closes sale of 19.75% stake in Heathrow Airport for 2 billion euros
(Reuters) -Spanish construction giant Ferrovial said on Thursday it closed the sale of a 19.75% stake in Heathrow Airport Holdings for 2 billion euros ($2.10 billion) to French...
Morning Bid: China deepens stimulus drive, global signals mixed
By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Asian markets are set to end the week on the defensive, pressured by rising U.S. bond yields and a firmer...
NY Fed Markets Group chief Neal resigns, will exit bank in March 2025
By Michael S. Derby NEW YORK (Reuters) - The head of the Federal Reserve Bank of New York's powerful Markets Group, Michelle Neal, is stepping down and will leave the bank in...
Brazil's currency weakens, changing course despite aggressive rate strategy
By Marcela Ayres and Fernando Cardoso BRASILIA (Reuters) - Brazil's currency reversed course and weakened against the U.S. dollar on Thursday, despite a larger-than-expected...
US 30-year fixed-rate mortgage falls to 6.60%
WASHINGTON (Reuters) - U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months. The...
Trump crypto venture partners with platform linked to Middle East militants
(Reuters) - A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has partnered with a crypto platform...
Australia orders $5.1 million fine on Kraken crypto exchange operator
(Reuters) -Australia's corporate watchdog said on Thursday that the country's federal court ordered crypto exchange Kraken's local operator to pay an A$8 million ($5.1 million)...
US regulator's 'problem bank' list grows as industry profits dip
By Pete Schroeder WASHINGTON (Reuters) - A top U.S. bank regulator added two banks to its so-called "problem bank" list in the third quarter, while overall industry profits dipped...
Chanel picks Matthieu Blazy as creative director
PARIS (Reuters) - French fashion house Chanel selected former Bottega Veneta design chief Matthieu Blazy as its next creative director, the company said on Thursday, after months...