LONDON () – The most destructive wildfires ever for Los Angeles may cause billions of dollars in insured losses, ratings agencies said on Thursday, though many homes are likely uninsured. The wildfire...
By Ethan Wang and Joe Cash BEIJING () – China’s exports probably expanded at a faster pace in December, suggesting producers raced to move inventory to major markets ahead of U.S. President-elect Dona...
By Vivek Mishra BENGALURU () – Consumer price inflation in India likely fell to 5.3% in December on moderating food price rises, a poll of economists showed, bolstering expectations for an interest ra...
By Tom Westbrook SINGAPORE () – The dollar looked set to extend its longest weekly winning streak in over a year on Friday, underpinned by rising bond yields and expectations of another strong set of ...
DUBLIN () – A long-running production shortfall by planemakers will underpin supply and demand dynamics that are boosting airline and lessor profits for at least another decade, the head of the world’...
By Saeed Azhar NEW YORK () – Bank of America’s bonus pool for investment bankers will probably rise 10% for last year, a source familiar with the matter told . While the average increase will be 10%, ...
By Jamie McGeever () – A look at the day ahead in Asian markets. Investors in Asia approach the end of a bumpy week hoping that the relative calm that descended on the dollar and a shortened U.S. bond...
() – Federal Reserve Governor Michelle Bowman on Thursday said she supported last month’s interest-rate cut as the “final step” in the U.S. central bank’s monetary policy recalibration, with rising in...
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() -Bank of England Deputy Governor Sarah Breeden said on Thursday that recent evidence supported the case to cut interest rates gradually but that it was tricky to gauge the right speed of easing. “T...
WASHINGTON () – U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average ...