News
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Ukraine’s President Zelenskiy: Trump's position has changed
Ukraine’s President Volodymyr Zelenskiy said late Tuesday that his relationship with US President Donald Trump has improved and that he was encouraged by Trump’s remarks suggesting Ukraine could fully reclaim all Russian-occupied territory.Fxstreet
Tue, Sep 23
Applicant boom drives record first-year law school classes
By Karen Sloan Sept 23 (Reuters) - The Legal Grounds coffee shop at Elon University School of Law is pumping out more cappuccinos and lattes these days to caffeinate the school’s record high number of first-year law students.Elon, located in Greensboro, North Carolina, is among seven U.S. law sch...Reuters
Tue, Sep 23
Fed hawks and doves: what US central bankers are saying
By Ann Saphir Sept 23 (Reuters) - The Federal Reserve delivered a widely expected quarter-of-a-percentage point rate cut at its September 16-17 meeting and signaled some further gradual cuts ahead to support the labor market even as inflation remains above target. Stephen Miran, the Fed Board’s n...Reuters
Tue, Sep 23
US business activity cools further, no widespread price increases
Manufacturing, services activity slows in SeptemberFirms struggle to pass costs to consumers due to soft demandBy Lucia Mutikani WASHINGTON, Sept 23 (Reuters) - U.S. business activity slowed for a second straight month in September, and though firms complained about tariffs increasing costs they ...Reuters
Tue, Sep 23
China buys Argentine soybeans after tax drop, leaving US farmers sidelined
China buys at least 10 Argentine soybean cargoes after tax dropCargoes for delivery in key period typically dominated by USMove piles pressure on US as China skips new-crop beansBy Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Sept 23 (Reuters) - Chinese buyers booked at least 10 cargoes of Arge...Reuters
Tue, Sep 23
WRAPUP 1-Fed's Powell strikes middle path on inflation, jobs, as others take sides
Fed still balancing inflation, job risksPolicy well-positioned to respond to eventsNotes erosion of trust in institutionsBy Howard Schneider WASHINGTON, Sept 23 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks o...Reuters
Tue, Sep 23
Powell says those who accuse the Fed of playing politics are making 'a cheap shot'
Sept 23 (Reuters) - Federal Reserve Chair Jerome Powell on Tuesday hit back at the central bank’s many critics, who count among them President Donald Trump, who argue the central bank is making decisions with an eye toward politics rather than data.Speaking in Rhode Island, Powell said “many people ...Reuters
Tue, Sep 23
Fed's Powell says tariff impact on inflation muted so far
Sept 23 (Reuters) - Federal Reserve Chair Jerome Powell said on Tuesday that so far the impact of tariffs have been modest.Those hit by President Donald Trump’s import tax surge have not been foreigners but domestic importers and retailers, and so far, “they're not passing along to consumers tha...Reuters
Tue, Sep 23
Fed's Powell says no major financial stability risks looming right now
Sept 23 (Reuters) - Federal Reserve Chairman Jerome Powell said Tuesday he’s not worried about financial stability risks amid strong prices for company shares.“It's not a time of elevated financial stability risks,” Powell said at an appearance in Rhode Island. But he added on the market, “I thi...Reuters
Tue, Sep 23
Fed's Powell: Repeats no risk-free path as Fed balances job, inflation risks
Fed still balancing inflation, job risksPolicy well-positioned to respond to eventsNotes erosion of trust in institutionsBy Howard SchneiderWASHINGTON, Sept 23 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank is in a "challenging situation" with an ongoin...Reuters
Tue, Sep 23
US business equipment borrowings fall in August, ELFA says
Sept 23 (Reuters) - U.S. companies borrowed 2% less to finance equipment in August than a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Tuesday.However, equipment borrowings rose by 2.8% from July.The Washington-based trade association, which monitors economic activity i...Reuters
Tue, Sep 23
Fed's Bostic says inflation risks still present in US economy
By Michael S. Derby Sept 23 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday inflation risks are still in play in the U.S. economy, although he noted that thus far President Donald Trump's import tax hikes have not pushed up prices the way they were expected t...Reuters
Tue, Sep 23
EXCLUSIVE-German economic institutes revise up 2025 growth forecast to 0.2%, sources say
German economic institutes forecast 0.2% growth for 2025Government spending expected to boost growth from 2026OECD cuts Germany's GDP outlook for 2025 and 2026By Klaus Lauer and Holger Hansen BERLIN, Sept 23 (Reuters) - Five leading German economic institutes have nudged their 2025 growth for...Reuters
Tue, Sep 23
Euro zone bond yields steady after mixed PMIs
By Samuel Indyk and Yoruk Bahceli LONDON, Sept 23 (Reuters) - Euro zone bond yields were little changed on Tuesday after the release of mixed business activity data from the bloc and heavy government bond issuance. The HCOB Flash Eurozone Composite Purchasing Managers' Index, compiled by S&am...Reuters
Tue, Sep 23
Swiss surplus hit by gold export swings on Trump tariff fears
By John RevillZURICH, Sept 23 (Reuters) - Switzerland's current account surplus more than halved during the second quarter of 2025, data showed on Tuesday, after big fluctuations in gold exports at the start of the year caused by U.S. President Donald Trump's unpredictable trade policies.Swi...Reuters
Tue, Sep 23
EXCLUSIVE-China buys Argentine soybeans after tax drop, leaving US farmers sidelined
China buys at least 10 Argentine soybean cargoes after tax dropCargoes for delivery in key period typically dominated by USMove piles pressure on US as China skips new-crop beansBy Naveen Thukral and Ella Cao SINGAPORE/BEIJING, Sept 23 (Reuters) - Chinese buyers booked at least 10 cargoes of Arge...Reuters
Tue, Sep 23
Fed's Bostic says inflation risks still present in U.S. economy
By Michael S. DerbySept 23 (Reuters) - Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday inflation risks are still in play in the U.S. economy.“Business leaders are telling us they are definitely feeling the cost pressures and it is becoming increasingly difficult to prevent thos...Reuters
Tue, Sep 23
