Reuters USA

By Jason Lange and Joseph Ax WASHINGTON (Reuters) -Former U.S. President Donald Trump leads a potentially wide field seeking the Republican nomination to run for president in 2024, with newly announced candidate Nikki Haley a distant fourth, according to a Reuters/Ipsos public opinion poll. Trump received support from 43% of registered Republicans in the new …

Trump leads Republicans, Haley trails in 2024 White House race-Reuters/Ipsos poll Read More »

(Reuters) – A key U.S. government report which showed consumer prices accelerated in January but that the annual increase continued to slowly abate was in line with Federal Reserve expectations, Richmond Fed President Thomas Barkin said on Tuesday. “It’s about as expected. Inflation is normalizing but it’s coming down slowly. I just think there’s gonna …

Fed’s Barkin: CPI inflation report “about as expected” Read More »

By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer prices accelerated in January as Americans continued to be burdened by higher costs for rental housing, suggesting that the Federal Reserve was far from pausing its interest rate hiking campaign. The report from the Labor Department on Tuesday also showed the pace of disinflation in the annual consumer …

Rents boost U.S. consumer prices; inflation gradually slowing Read More »

(Reuters) -Tesla Inc workers in New York state said on Tuesday they are launching a campaign to form a union, setting the stage for the latest labor challenge for Chief Executive Elon Musk. In a letter to the electric carmaker’s management, the employees announced their plan to unionize with Workers United Upstate New York. The …

Tesla workers launch campaign to form union in New York Read More »

LONDON (Reuters) -Investors turned more optimistic about the global economy in February, flocking to emerging market stocks and cutting their cash holdings to levels last seen since before the war in Ukraine, a BofA survey of global investors showed on Tuesday. The survey of 299 fund managers, with a combined $847 billion in assets under …

Fund managers rush into emerging stocks and cut cash – BofA survey Read More »

By David Shepardson WASHINGTON (Reuters) -Hyundai Motor and Kia Corp will offer a software upgrade to 8.3 million U.S. vehicles in response to increasing thefts targeting vehicles without push-button ignitions and immobilizing anti-theft devices, U.S. auto safety regulators said. Hyundai said it is “introducing a free anti-theft software upgrade to prevent the vehicles from starting …

Hyundai, Kia to offer software upgrade to 8.3 million U.S. vehicles to prevent thefts Read More »

BRASILIA (Reuters) – Brazilian central bank governor Roberto Campos Neto said on Tuesday the country is not at a moment when “it would be good to experiment” on monetary policy, reinforcing that raising the inflation target would not give policymakers flexibility. Speaking at an event hosted by BTG Pactual, he reiterated that the tool of …

Brazil’s Campos Neto: not the time for experiments, but to improve credibility Read More »

NEW YORK (Reuters) – U.S. consumer prices increased from the prior month in January but met expectations, while the underlying trend showed inflation is slowing, likely keeping the Federal Reserve on a modest path of interest rate hikes. The consumer price index (CPI) rose 0.5% last month, the Labor Department said on Tuesday. Data for …

Instant VIew:January CPI accelerates, but trend easing Read More »

(Reuters) -The Federal Reserve is seen raising its policy rate at least twice more to the 5%-5.25% range, with financial markets retaining about even odds on Tuesday for a further quarter-point hike in the summer after a government report showed inflation still high but slowing. The Fed raised rates faster and farther last year than …

Fed seen raising rates to 5.1%, then (maybe) stopping Read More »

By Miguel Lo Bianco and Horacio Soria BUENOS AIRES (Reuters) – Argentines are increasingly feeling the impact of one of the world’s highest inflation rates, with annual price rises nearing 100%, straining people’s budgets as the cost of food, gas and services far outstrips salaries. The South American country, which has grappled with high inflation …

Argentine teachers, doctors ‘drown’ under spiraling prices as inflation nears 100% Read More »