Australia's consumer sentiment slides in December on renewed angst over inflation, rates
SYDNEY, Dec 16 (Reuters) - Australia's consumer sentiment slid in December after turning positive for the first time the previous month, as households grappled with renewed angst over inflation and the interest rate outlook, a private survey show...
10m ago
Payments firm PayPal files for bank charter in lending push
Dec 15 (Reuters) - Payments firm PayPal said on Monday it has applied to establish a bank in the United States, as companies rush to capitalize on a friendly regulatory environment under the Trump administration. The San Jose, California-based company...
44m ago
Trading Day: Payrolls, Fed jitters mount
ORLANDO, Florida, Dec 15 (Reuters) - Caution weighed on Wall Street on Monday as investors awaited Tuesday's U.S. jobs report, while underlying selling pressure and uncertainty over who will be nominated to replace Federal Reserve Chair Jerome Powell e...
1h ago
FDA has no plans to put most serious warning on COVID vaccines, Bloomberg News reports
Dec 15 (Reuters) - The U.S. Food and Drug Administration has no plans to put a "black box" warning on COVID-19 vaccines, Bloomberg News reported on Monday, citing the agency's top official Marty Makary. (Reporting by Mariam Sunny in Ben...
1h ago
Two promising lives cut short in shooting that shook Brown University campus
By Rich McKay and Helen Coster Dec 15 (Reuters) - One student dreamt of becoming a neurosurgeon after surviving brain surgery as a child. The other was hailed by friends at an ice cream shop where she worked as destined for greatness. Both had earned ...
1h ago
FAA to reform safety efforts
WASHINGTON, Dec 15 (Reuters) - The Federal Aviation Administration said on Monday it plans to open a new aviation safety office as part of a strategic plan to improve hiring, training and proactively identify hazards before incidents occur. FAA Adm...
2h ago
Argentina to tie peso band to inflation in exchange-rate overhaul
BUENOS AIRES, Dec 15 (Reuters) - Argentina's central bank announced a new monetary framework on Monday, tying the peso's trading band to inflation in a bid to build reserves and stabilize the economy. The measures, effective January 1, are part of a b...
2h ago
Belarus' Lukashenko: Maduro is welcome to move to Belarus, but no such discussions have been held
Dec 16 (Reuters) - Belarusian President Alexander Lukashenko said Venezuela's President Nicolas Maduro is welcome to come to Belarus should he leave office, but no such discussions had been held with Maduro, according to quotes from an interview wit...
2h ago
Exclusive-Nasdaq seeks to extend trading hours, as Wall Street gears up for 24/7 move
NEW YORK, Dec 15 (Reuters) - Nasdaq, one of the world's largest exchanges that is home to tech companies Nvidia, Apple and Amazon, is planning to submit paperwork with the U.S. Securities and Exchange Commission on Monday to roll out round-the-clock tr...
2h ago
Ford retreats from EVs, takes $19.5 billion charge as Trump policies take hold
Dec 15 (Reuters) - Ford Motor said on Monday it will take a $19.5 billion writedown and is killing several electric-vehicle models, in the most dramatic example yet of the auto industry's retreat from battery-powered models in response to the Trump adm...
2h ago
