The Federal Reserve’s language lessons
NEW YORK (Reuters) – “Will they or won’t they?” is the question on investors’ minds as the Federal Reserve policy-setting committee meets next week for the last time this year.
After years of doubts, Americans turn more bullish on economy
WASHINGTON (Reuters) – Pessimism and doubt have dominated how Americans see the economy for many years. Now, in a hopeful sign for the economic outlook, confidence is suddenly perking up.
Chrysler expands Takata passenger-side air bag recall in U.S.
DETROIT (Reuters) – Chrysler Group is expanding its U.S. recall of older-model vehicles with Takata Corp passenger-side air bags, adding a second inflator design to the recall and more affected regions.
U.S. consumer sentiment at eight-year high
NEW YORK (Reuters) – U.S. consumer sentiment rose in December to a near eight-year high on improved prospects for jobs and wages and on lower gasoline prices, a survey released on Friday showed.
Tesco’s new boss looks to avoid nightmare before Christmas
LONDON (Reuters) – Dave Lewis, the new boss of Tesco , Britain’s biggest grocer, is betting on a customer charm offensive coupled with selective price cuts to prevent poor Christmas trading compounding an already disastrous year for investors.
U.S. producer prices fall, signal weak inflation pressures
WASHINGTON (Reuters) – U.S. producer prices fell in November and were muted even outside of energy, a sign of weak inflationary pressure that could point to persistent slack in the economy.
Board of Brazil’s Eletrobras OKs Petrobras debt renegotiation
SAO PAULO (Reuters) – Brazil’s state-run power company Eletrobras said on Friday its board had approved a plan to renegotiate 8.5 billion reais ($3.2 billion) in debt owed to state-run oil firm Petroleo Brasileiro SA .
Draghi to urge European leaders to reform to back ECB stimulus
FRANKFURT (Reuters) – The head of the European Central Bank is set to tell European leaders in stark terms at a summit next week that they need to reform straggling economies or risk blunting an ambitious monetary offensive to help revive the stagnant …
Slow demand, rising supply put further pressure on oil price: IEA
LONDON (Reuters) – Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its outlook for demand growth in 2015 and predicted healthy non-OPEC supply gains would aggravate a global oil g…
China’s factory and investment growth flagging, more stimulus seen
BEIJING (Reuters) – China’s economy showed further signs of fatigue in November, with factory output growth slowing more than expected and growth in investment near a 13-year low, putting pressure on policymakers to unveil fresh stimulus measures.
