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US business inventories rise in August on retail stocks
WASHINGTON (Reuters) - U.S. business inventories increased in August, lifted by stocks at retailers, government data showed on Thursday. Inventories rose 0.3% after a similar gain in July, the
Reuters
Thu, Oct 17
Meta partners with Hollywood's Blumhouse to test out its AI movie generation model
By Katie Paul NEW YORK (Reuters) - Facebook owner Meta said on Thursday it had teamed up with Blumhouse Productions, the Hollywood company behind popular horror films such as "The Purge" and "Get Out,
Reuters
Thu, Oct 17
Boeing strike, Hurricane Helene weigh on US industrial production
WASHINGTON (Reuters) - U.S. industrial production fell in September, weighed down by a strike at Boeing and two hurricanes, including Helene. Industrial output dropped 0.3% last month after a
Reuters
Thu, Oct 17
Insurer Travelers beats profit estimate on underwriting strength, investment gains
(Reuters) - Travelers Companies' third-quarter profit beat Wall Street expectations as higher underwriting gains and investment income more than offset steep catastrophe losses, sending shares of the
Reuters
Thu, Oct 17
Ukraine seeks global help with massive task of landmine clearance at Swiss meeting
By Emma Farge LAUSANNE, Switzerland (Reuters) -Ukraine's prime minister appealed at a meeting in Switzerland on Thursday for more help clearing landmines and unexploded bombs covering up to a quarter
Reuters
Thu, Oct 17
Israeli security cabinet told that Hamas leader Sinwar likely dead, two officials say
By James Mackenzie, Maya Gebeily and Elwely Elwelly JERUSALEM/BEIRUT (Reuters) - Members of Israel's security cabinet have been informed that Hamas leader Yahya Sinwar, a mastermind of the devastating
Reuters
Thu, Oct 17
Florida homeowners fear soaring insurance cost after hurricanes
By Michelle Conlin and Matt Tracy NEW YORK/WASHINGTON (Reuters) - For 32 years, Jim Tynan had a homeowners' policy with Allstate on his 1,200-square foot condo in Ponte Vedra, Florida. In January,
Reuters
Thu, Oct 17
Trump likely to challenge any election loss. His options have narrowed
(This Oct. 16 story has been refiled to add the full description of Kamala Harris in paragraph 3) By James Oliphant WASHINGTON (Reuters) - Republican presidential candidate Donald Trump says that if
Reuters
Thu, Oct 17
French budget packs bigger tax punch than first meets the eye
By Leigh Thomas PARIS (Reuters) - France's belt-tightening budget delivers a bigger tax hit than the government originally let on, according to new breakdowns that suggest a bigger dent in President
Reuters
Thu, Oct 17
Factbox-Where abortion will be on the ballot in the 2024 US elections
By Joseph Ax (Reuters) - Abortion will be on the ballot in 10 U.S. states for the Nov. 5 election, including battleground states that will play critical roles in the presidential race and the fight
Reuters
Thu, Oct 17
US home builder confidence rises for second straight month
(Reuters) - U.S. home builder confidence rose in October for the second consecutive month but volatile mortgage rates and low housing affordability continued to pose headwinds. The NAHB/Wells Fargo
Reuters
Thu, Oct 17
Nestle flags shopper uncertainty around US election
By Richa Naidu LONDON (Reuters) - Nestle on Thursday said shopper "concerns around the election" in the United States are putting further pressure on demand in its biggest market by creating consumer
Reuters
Thu, Oct 17
Big central banks are firmly in rate-cut mode
By Naomi Rovnick and Alun John LONDON (Reuters) - Seven of the 10 big developed-market central banks tracked by Reuters have now started easing policy, with expectations of how quickly each will move
Reuters
Thu, Oct 17
South Africa could lower inflation target at little cost, central bank governor says
JOHANNESBURG (Reuters) - South Africa's central bank governor, Lesetja Kganyago, said on Thursday that the country could move to a lower inflation target at little cost. Kganyago is a strong advocate
Reuters
Thu, Oct 17
Israel stops processing key commercial food imports to Gaza, sources say
By John Davison, David Gauthier-Villars and Nidal al-Mughrabi JERUSALEM (Reuters) -Israel has stopped processing requests from traders to import food to Gaza, according to 12 people involved in the
Reuters
Thu, Oct 17
At least 28 dead in Gaza strike, which Israel says targeted gunmen
By Nidal al-Mughrabi CAIRO (Reuters) -At least 28 Palestinians including children were killed on Thursday in an Israeli strike on a shelter in the northern Gaza Strip, a Gaza health ministry official
Reuters
Thu, Oct 17
Bank of Canada to cut rates by 50 bps on Oct. 23; next move unclear: Reuters poll
By Mumal Rathore and Indradip Ghosh BENGALURU (Reuters) - The Bank of Canada will cut its overnight rate by 50 basis points on Oct. 23 as price pressures ease, according to two-thirds of economists
Reuters
Thu, Oct 17
Instant view: ECB cuts key rates again
LONDON (Reuters) - The European Central Bank cut interest rates for the third time this year on Thursday, pointing out that inflation in the euro zone is now increasingly under control and the
Reuters
Thu, Oct 17
US weekly jobless claims unexpectedly fall
WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment unexpectedly fell last week, but could remain elevated in the near-term amid the effects of Hurricanes Helene
Reuters
Thu, Oct 17
India says Canada did not act against gang it links to New Delhi
By Krishn Kaushik NEW DELHI (Reuters) -India's foreign ministry said on Thursday that despite requests from New Delhi, Canada had not taken any action against members of a gang that Canadian police
Reuters
Thu, Oct 17
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