News
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US consumer watchdog sues Experian over consumer credit accuracy
Jan 7 (Reuters) - The top U.S. watchdog agency for consumer finance on Tuesday sued credit rating giant Experian EXPN.L, saying the company failed consumers who challenge the accuracy of consumer credit files, court records show.Despite its legal obligations, "Experian fails consumers who dispute in...Reuters
Jan 7, 2025
TREASURIES-US yields rise on strong data, before auction
US job openings grew, exceeding forecastsMarket anticipates Fed rate cuts will be less than previously expectedFiscal trajectory has pushed up long-term yieldsUpdated in New York morning timeBy Karen Brettell NEW YORK, Jan 7 (Reuters) - Benchmark 10-year Treasury yields hit an eight-month high on...Reuters
Jan 7, 2025
UPDATE 3-Canada posts nine straight months of trade deficit, surplus with US widens
US President-elect has criticized Canada's trade surplusTrade surplus with U.S. widened US trade deficit also widened in NovemberAdds context, comments in paragraphs 2, 6, 12By Promit Mukherjee and Ismail Shakil OTTAWA, Jan 7 (Reuters) - Canada recorded a ninth consecutive monthly trade deficit i...Reuters
Jan 7, 2025
US job openings increase in November; hiring falls
WASHINGTON, Jan 7 (Reuters) - U.S. job openings unexpectedly increased in November, but a softening in hiring pointed to a slowing labor market.Job openings, a measure of labor demand, rose 259,000 to 8.098 million by the last day of November, the Labor Department's Bureau of Labor Statistics said i...Reuters
Jan 7, 2025
Canada's Ivey PMI rises to 5-month high in December
TORONTO, Jan 7 (Reuters) - Canadian economic activity expanded at its fastest pace in five months in December as employment and inventories climbed, Ivey Purchasing Managers Index (PMI) data showed on Tuesday.The seasonally adjusted index rose to 54.7 from 52.3 in November, posting its highest level...Reuters
Jan 7, 2025
US service sector growth picks up; input prices gauge highest in nearly two years
Services sector PMI increases to 54.1 in DecemberNew orders grow solidly; employment little changedPrices paid measure highest since February 2023By Lucia Mutikani WASHINGTON, Jan 7 (Reuters) - U.S. services sector activity accelerated in December, but a surge in a measure of prices paid for inpu...Reuters
Jan 7, 2025
TREASURIES-US yields rise before 10-year auction
By Karen BrettellNEW YORK, Jan 7 (Reuters) - Benchmark 10-year Treasury yields hit an eight-month high on Tuesday before a Treasury auction of $39 billion of the notes, and as traders continued to evaluate the economic impact of policies under the incoming Donald Trump administration.Tuesday’s 10-ye...Reuters
Jan 7, 2025
US trade deficit widens in November
WASHINGTON, Jan 7 (Reuters) - The U.S. trade deficit widened in November, likely as businesses worried about President-elect Donald Trump's threats to raise tariffs on foreign goods front-loaded imports, more than offseting a surge in exports to a record high. The trade gap increased 6.2% to $78.2 b...Reuters
Jan 7, 2025
