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Goldman Sachs expects series of consecutive 25 basis point Fed cuts ahead

(Reuters) - Goldman Sachs said on Wednesday it expects the U.S. Federal Reserve to deliver consecutive 25-basis-point (bps) interest rate cuts from November 2024 through June 2025 to a terminal rate

Reuters

Wed, Oct 16

Burned Palestinian's relatives describe aftermath of Israeli attack

DEIR AL-BALAH, Gaza (Reuters) - The family of a Palestinian man seen being burned to death in footage broadcast around the world of a blaze in tents after an Israeli strike on a Gaza hospital compound

Reuters

Wed, Oct 16

Stellantis should deliver on investment commitments, White House says

By David Shepardson WASHINGTON (Reuters) -Chrysler-parent Stellantis should make good on its commitments to the United Auto Workers union and to communities impacted by plant closures in the United

Reuters

Wed, Oct 16

PPG misses quarterly profit estimates on weak industrial coatings demand

(Reuters) - Paints and coatings maker PPG Industries missed Wall Street estimates for third-quarter profit on Wednesday, hurt by lower sales at its industrial coatings unit. The company posted an

Reuters

Wed, Oct 16

One Direction singer Liam Payne dies in Argentina after fall from balcony

BUENOS AIRES (Reuters) - Former One Direction singer Liam Payne died outside a hotel in the Argentine capital Buenos Aires, local police confirmed on Wednesday, saying the 31-year-old British musician

Reuters

Wed, Oct 16

Discover Financial quarterly profit jumps on robust interest income, lower provisions

(Reuters) -Discover Financial's third-quarter profit jumped 43% as the U.S. credit card issuer's net interest income climbed and its provisions for potential sour loans fell, the company said on

Reuters

Wed, Oct 16

Brazil seeks extradition of January 8 rioters currently in Argentina

BRASILIA (Reuters) -Brazil's Supreme Court Justice Alexandre de Moraes instructed the government to request the extradition of 63 Brazilian nationals currently in Argentina who are linked to an

Reuters

Wed, Oct 16

Kinder Morgan misses estimates, lowers annual profit forecast on weak prices

By Sourasis Bose (Reuters) -Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday and lowered its annual forecast as the U.S. pipeline operator contends with weaker

Reuters

Wed, Oct 16

OECD-backed group calls for global pact to solve water crisis

By David Stanway SINGAPORE (Reuters) - Countries need a new international pact to fix a mounting water crisis that could cut economic growth by at least 8% and put half the world's food supplies at

Reuters

Wed, Oct 16

US Supreme Court won't pause EPA power plant emissions rule

By Andrew Chung (Reuters) -The U.S. Supreme Court declined on Wednesday to put on hold a new federal rule targeting carbon pollution from coal- and gas-fired power plants at the request of numerous

Reuters

Wed, Oct 16

Equifax sees 2024 revenue below estimates amid mortgage market slump

(Reuters) - Credit ratings firm Equifax said on Wednesday it expects full-year revenue below Wall Street estimates, as higher-for-longer interest rates continued to weigh on loan demand and kept the

Reuters

Wed, Oct 16

Harris courts Republican voters in Philadelphia, Fox News events

By Nandita Bose, Stephanie Kelly WASHINGTON CROSSING, Pennsylvania (Reuters) -Democratic Vice President Kamala Harris made a direct appeal on Wednesday to Republican voters in this year's U.S.

Reuters

Wed, Oct 16

JD Vance says Trump did not lose the 2020 US election

By James Oliphant (Reuters) - After dodging the issue for weeks, Republican vice-presidential candidate JD Vance said unequivocally on Wednesday he believes false claims that Donald Trump did not lose

Reuters

Wed, Oct 16

Morning Bid: Inflation cools, TSMC offers AI weather vane

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. Markets across Asia should open on a firm footing on Thursday, supported by a rebound on Wall Street and softer Treasury yields

Reuters

Wed, Oct 16

US Customs halts some drone imports from Chinese manufacturer DJI, company says

By Michael Martina and David Shepardson WASHINGTON (Reuters) -The U.S. government is stopping imports of some DJI drones from entering the U.S., the Chinese drone maker told Reuters on Wednesday. In a

Reuters

Wed, Oct 16

Donald Trump calls himself 'father of IVF' at all-women town hall

By Gram Slattery WASHINGTON (Reuters) -Donald Trump called himself the "father of IVF" at a town hall for women voters on Wednesday, as the Republican presidential candidate tries to convince the

Reuters

Wed, Oct 16

McKinsey close to settling US opioid investigations, sources say

By Nate Raymond and Mike Spector (Reuters) -Consulting firm McKinsey & Co is close to an agreement with U.S. prosecutors to pay more than $500 million to resolve longstanding federal investigations

Reuters

Wed, Oct 16

RTX to pay $950 million to resolve US defense fraud, Qatar bribery charges

By Luc Cohen and Nate Raymond NEW YORK/BOSTON (Reuters) -RTX agreed on Wednesday to pay about $950 million to resolve federal charges it defrauded the U.S. Department of Defense into overpaying for

Reuters

Wed, Oct 16

IMF staff team has started assessing implications of Senegal financial audit, IMF says

DAKAR (Reuters) - The International Monetary Fund on Wednesday said a staff team had visited Senegal to start assessing the implications of data revisions resulting from a government audit of past and

Reuters

Wed, Oct 16

Georgia reports record turnout as early voting begins in US battleground state

By Andy Sullivan WASHINGTON (Reuters) -Voters in Georgia turned out in record numbers as the battleground state opened early voting for the Nov. 5 presidential election between Democrat Kamala Harris

Reuters

Wed, Oct 16

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