News
Important Only
White House adviser Hassett: Fed independence is really important
WASHINGTON, Dec 16 (Reuters) - White House economic adviser Kevin Hassett, one of President Donald Trump's top contenders to lead the Fed, said the independence of the central bank was important, amid concerns he might be too close to the president."The Federal Reserve's independence is ...Reuters
Tue, Dec 16
US Retail Sales virtually unchanged at $732.6 billion in October
Retail Sales in the United States were virtually unchanged at $732.6 billion in October, the US Census Bureau reported on Tuesday. This print followed the 0.1% increase (revised from 0.3%) recorded in September and came in below the market expectation of +0.1%.Fxstreet
Tue, Dec 16
UN agency forecasts subdued economic growth for Latin America through 2026
By Fabian CamberoSANTIAGO, Dec 16 (Reuters) - Latin America and the Caribbean's economy likely grew 2.4% in 2025 and is expected to grow 2.3% in 2026, amid weak domestic demand and global uncertainty, the U.N.'s Economic Commission for Latin America and the Caribbean (ECLAC) said on Tuesday....Reuters
Tue, Dec 16
US retail sales unexpectedly unchanged in October
WASHINGTON, Dec 16 (Reuters) - U.S. retail sales were unexpectedly flat in October, though consumer spending appears to have remained on a solid footing at the start of the fourth quarter despite the rising cost of living that is forcing some households to scale back. The unchanged reading i...Reuters
Tue, Dec 16
TREASURIES-US yields drop as unemployment rate rises
NEW YORK, Dec 16 (Reuters) - U.S. Treasury yields dropped on Tuesday after data showed that the unemployment rate unexpectedly rose last month, even as employers added more jobs in November than economists had forecast.Employers added 64,000 jobs last month, above economists’ expectations for 50,000...Reuters
Tue, Dec 16
PRESS DIGEST-Canada - Dec 16
Dec 16 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILAnglo American AAL.L on Tuesday received approval from the Canadian government to acquire Teck Resources TECKb.TO, cl...Reuters
Tue, Dec 16
