Fund allocation to stocks, lowest level in 5 months = BofA survey | Reuters

2023-06-13 15:35:00 Global fund manager allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released on Monday. Photo taken in March 2022 (2023 REUTERS/Brendan McDermid) LONDON (Archyde.com) – Global fund manager allocations to equities fell to a five-month low, according to a Bank of America (BofA) survey released … Read more

Turkish President Erdogan Announces New Cabinet with Former Finance Minister Simsek and Potential Rate Hike: Latest News and Analysis

2023-06-04 01:42:00 Turkish President Recep Tayyip Erdogan announced his new cabinet at an inauguration ceremony on Wednesday. Archyde.com/Umit Bektas, 2023. REUTERS/UMIT BEKTAS [アンカラ 3日 ロイター] – Turkish President Erdogan held an inauguration ceremony on the 3rd after being re-elected and announced a new cabinet. Appointed former Finance Minister Simsek, signaling a return to more orthodox … Read more

US inflation persists, Fed raises interest rates two more times = BlackRock CEO | Reuters

2023-05-31 19:17:00 BlackRock CEO Larry Fink said on Monday that inflation remains persistent and the Federal Reserve must raise interest rates further to contain price pressures. said it might not. FILE PHOTO: BlackRock CEO Larry Fink speaks to CNBC at the New York Stock Exchange April 14, 2023. REUTERS/Brendan McDermid [ニューヨーク 31日 ロイター] – BlackRock … Read more

Responding to criticism of the US debt ceiling, Mr. Biden adjusts telephone talks with Speaker of the House | Reuters

2023-05-21 03:12:00 The U.S. administration and Republicans in Congress exchanged accusations on Wednesday over the federal debt ceiling. No talks took place that day, and a White House official said that President Biden instructed his administration team to schedule a phone call with House Speaker McCarthy (pictured, Republican) for Monday morning ET. FILE PHOTO: Washington, … Read more

Fear of recession due to US default, Treasury Secretary Yellen warns again | Reuters

2023-05-16 13:59:00 Treasury Secretary Janet Yellen said on Wednesday that if the federal debt ceiling is not raised and the United States defaults, millions of Americans will lose their salaries and jobs and businesses will be hit hard. He warned of a possible recession. U.S. Treasury Secretary Janet Yellen testifies before Congress on May 12, … Read more

US CPI accelerates to +0.4% from the previous month in April due to rising gasoline prices | Reuters

2023-05-10 12:03:00 The U.S. Labor Department’s seasonally adjusted consumer price index (CPI) rose 0.4% in April from the previous month, accelerating from 0.1% in the previous month. This is due to rising gas prices and rents. FILE PHOTO: New York, June 2022. REUTERS/Andrew Kelly WASHINGTON (Archyde.com) – The U.S. Labor Department’s seasonally adjusted consumer price … Read more

Angle: Stagflation Concerns Spreading in the US Stock Market | Reuters

2023-05-07 23:04:00 NEW YORK (Archyde.com) – Fears of stagflation, the simultaneous combination of economic stagnation and inflation, are creeping across the U.S. stock market. Concerns about “stagflation,” where economic stagnation and inflation occur at the same time, are slowly spreading in the US stock market. FILE PHOTO: The New York Stock Exchange in November 2022. … Read more

“China’s plan to take advantage of US debt default: Top Intelligence Agency Director warns”

2023-05-04 14:09:00 Director of National Intelligence Haynes, the top US intelligence agency, said that if the US were to default on its debts, China would be expected to use it as an opportunity. FILE PHOTO: Washington, D.C., April 4, 2023. REUTERS/Kevin Lamarque [ワシントン 4日 ロイター] – Director of National Intelligence Haynes, the top US intelligence … Read more