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Capital One's quarterly profit rises as interest income jumps
Oct 21 (Reuters) - Capital One Financial COF.N reported a rise in third-quarter profit on Tuesday, as the consumer lender was helped by strong income from interest on its credit card debt. Shares of the company, which have gained about 22% in 2025, rose 4.4% in trading after the bell. The company al...Reuters
13 hours ago
L'Oreal flags first China growth in two years but misses sales forecast
L'Oreal posts 4.2% rise in third-quarter sales, below consensusNorth America, Latin America undershoot expectationsChina posts first growth in two yearsPotential for an Armani deal still on table after Kering beauty acquisition - CEOBy Dominique Patton PARIS, Oct 21 (Reuters) - French bea...Reuters
15 hours ago
TREASURIES-US bonds rise as investors eye Fed rate cut, delayed inflation data
Investors price in five Fed rate cuts through 2026Rate moves confined within tight rangesMarkets focusing on upcoming US inflation dataUS government shutdown has now lasted three weeksUS 2/10 yield curve bull fattensBy Gertrude Chavez-Dreyfuss NEW YORK, Oct 21 (Reuters) - U.S. Treasuries rose for...Reuters
15 hours ago
Early consumer earnings make the wealth effect clear
87% of S&P 500 companies beat earnings expectations, LSEG data showsAffluent consumers drive spending, boosting equity marketsGM predicts strong 2026 sales for traditional trucks, despite EV outlookBy Purvi Agarwal and Arpan Varghese Oct 21 (Reuters) - Prominent consumer-facing companies Coke...Reuters
17 hours ago
Citigroup CEO Jane Fraser named U.S.-Saudi Business Council co-chair
Oct 21 (Reuters) - The U.S.-Saudi Business Council has named Citigroup C.N CEO Jane Fraser as U.S. co-chair of its board, representing the United States. Fraser replaces Steve Demetriou, former CEO of engineering contractor Jacobs J.N, who held the role from 2018 to 2024. Lubna Olayan, chair of ...Reuters
17 hours ago
Early consumer earnings make the wealth effect clear
87% of S&P 500 companies beat earnings expectations, LSEG data showsAffluent consumers drive spending, boosting equity marketsGM predicts strong 2026 sales for traditional trucks, despite EV outlookBy Purvi Agarwal and Arpan Varghese Oct 21 (Reuters) - Prominent consumer-facing companies Coke...Reuters
17 hours ago
Ex-Amazon worker sues EEOC for dropping disparate impact cases after Trump order
By Daniel Wiessner Oct 21 (Reuters) - A former Amazon.com delivery driver has sued the U.S. Equal Employment Opportunity Commission for ceasing investigations into workplace policies with discriminatory impacts, including her complaint accusing the online retail giant of sex discrimination.Presid...Reuters
18 hours ago
Namibia cuts 2025 growth forecast due to manufacturing slump
By Nyasha Nyaungwa WINDHOEK, Oct 21 (Reuters) - Namibia now expects economic growth of 3.3% this year, down from the 4.5% estimate given when the main budget was presented in March because of a projected contraction in its manufacturing sector, its finance minister said on Tuesday.In a mid-ye...Reuters
18 hours ago
FACTBOX-US government shutdown: How it affects key economic data publishing
Oct 21 (Reuters) - The U.S. government shut down much of its operations on October 1 after Republicans and Democrats failed to reach an agreement to extend funding past the end of the federal fiscal year on September 30.The closure has shut off the flow of key economic data at a moment of uncertaint...Reuters
18 hours ago
TREASURIES-US bonds advance as investors look ahead to Fed cut, inflation data
Investors continue to prep for Fed cutsInvestors price in five cuts through 2026Focus on inflation data on FridayUS government on Day 21 of shutdownUS 2/10 yield curve bull fattensBy Gertrude Chavez-DreyfussNEW YORK, Oct 21 (Reuters) - U.S. Treasuries firmed for a second straight session on Tuesday,...Reuters
19 hours ago
Canada's inflation rate rises in September on smaller drop in gasoline prices
CPI rises on slower fall in gasoline costs, higher food pricesBank of Canada's preferred core measures largely stable in SeptemberCPI up 0.1% in September on monthly basis after 0.1% fall in AugustBy Promit MukherjeeOTTAWA, Oct 21 (Reuters) - Canada's annual inflation rate increased to 2.4% ...Reuters
20 hours ago
Pultegroup posts lower Q3 profit, warns tariffs to lift build costs in 2026
By Aatreyee Dasgupta Oct 21 (Reuters) - Homebuilder Pultegroup PHM.N on Tuesday posted a 16% fall in third-quarter profit as buyer incentives squeezed margins, and warned that tariffs could add roughly $1,500 per home to build costs starting in 2026.Shares of the Atlanta-based homebuilder fell 5%...Reuters
20 hours ago
US Fed to trim rates twice more this year; 2026 rate path very unclear
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/cb-polls?RIC=USFOMC%3DECI Fed rates poll datareuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=USGDPAAP U.S. economic poll dataBy Indradip Ghosh BENGALURU, Oct 21 (Reuters) - The Federal Reserve will lower its key interest...Reuters
20 hours ago
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.4027 to the greenback, or 71.29 U.S. cents, after trading in a range of 1.4015 to 1.4065.Canadian government 10-year bond yields CA10Y...Reuters
22 hours ago
