REU – Paktweet

Wall St edges higher ahead of Powell comments hopes of debt ceiling deal linger

ReutersMay 19, 2023

Wall Street’s main indexes eked out gains on Friday ahead of Federal Reserve Chair Jerome Powell’s comments at a monetary policy panel amid optimism that a deal to avoid a…

Morgan Stanley CEO Gorman plans to step down

ReutersMay 19, 2023

NEW YORK — Morgan Stanley CEO James Gorman told shareholders Friday that the company will likely appoint its next CEO in the next 12 months. Gorman, 64, said the board…

Shanghai copper climbs to a twoweek high

ReutersMay 9, 2023

BEIJING — Prices of copper in Shanghai hit a two-week peak on Tuesday, supported by thin inventories in the world’s top consumer, while further gains were capped by demand uncertainty.…

Australia to deliver first budget surplus in 15 years

ReutersMay 9, 2023

SYDNEY — Australia is set to deliver its first budget surplus in 15 years on Tuesday, as its coffers bulge with tax windfalls from higher commodities prices and wages, giving…

Senate Republicans oppose vote just to raise US debt ceiling push for other priorities

ReutersMay 6, 2023

WASHINGTON — A group of 43 Republicans in the U.S. Senate said they oppose voting on a bill that only raises the U.S. debt ceiling without tackling other priorities, in…

Dollar dips ahead of inflation data due Wednesday

ReutersApril 11, 2023

NEW YORK — The dollar fell on Tuesday as investors waited on inflation data for further signs of whether price pressures are ebbing and what it means for further Federal…