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ECONOMICS

Goldman Sachs Unveils Revamp Amid Profit Slump
NEW YORK (Reuters) — Goldman Sachs Group Inc. will reorganize its business into three units and scale...
Abu Dhabi Transfers Etihad Aviation Group to Wealth Fund ADQ
DUBAI (Reuters) — Abu Dhabi sovereign wealth fund ADQ said on Tuesday, Oct. 18 that the government had...
South Africa’s Transnet Agrees to Three-Year Wage Deal With Majority Labor Union
(Reuters) — South African state-owned logistics firm Transnet said on Monday, Oct. 17 that it had agreed...
US-ECONOMY-INFLATION
Soaring Rent, Food Costs Keep US Inflation on Front Burner; Labor Market Tight
By Lucia Mutikani, Reuters. WASHINGTON — U.S. consumer prices increased more than expected in September...
Wall Street Rallies, Technicals Help Market Rebound
NEW YORK (Reuters) — U.S. stocks ended sharply higher on Thursday, Oct. 13 as investors pulled back on...
Investors Worry About Hiring Outlook, Spending Before US Earnings
NEW YORK (Reuters) — The outlook for jobs and spending may be chief among concerns for investors heading...
BoJ’s Kuroda Warns Against Fast, One-sided Yen Falls
By Leika Kihara, Reuters. WASHINGTON — Bank of Japan (BoJ) Governor Haruhiko Kuroda said on Wednesday...
Federal Reserve Chair Jerome Powell Holds News Conference Following Federal Open Market Committee Meeting
The Implosion of the Bond Market
Financial Analysis Historically, fixed-income securities such as bonds — especially the investment-grade...
Goldman Hikes Third-Quarter GDP Growth Estimate to 1.9%
NEW YORK (Reuters) — Global investment firm Goldman Sachs boosted its third-quarter GDP growth estimate...