Progressive’s quarterly profit more than doubles on strong insurance demand
(Reuters) – Progressive Corp said on Tuesday its third-quarter profit more than doubled, driven by strong demand for personal auto…
Category: Economy
Texas Stock Exchange moves closer to launch with leadership team, board
By Laura Matthews and Suzanne McGee NEW YORK (Reuters) – The Texas Stock Exchange, which is planning to launch next…
ECB’s Knot sees rate cuts through the first half of 2025
AMSTERDAM (Reuters) – The European Central Bank (ECB) is likely to continue to cut interest rates at least through the…
Take Five: Nvidia, let’s see what you’ve got
LONDON (Reuters) – The latest earnings from AI darling Nvidia and key inflation numbers in the euro area and Australia…
Malians suffer economic hardship after four years of military rule
(Reuters) – Four years after the military ousted Mali’s then-president and came to power, many residents say economic troubles are…
UK pay growth drops to lowest in nearly 2 years, joblessness falls
By David Milliken LONDON (Reuters) -British pay growth dropped to its lowest in nearly two years in the second quarter,…
U.S. regulators fine Piper Sandler $16 million for record-keeping failures
(Reuters) – Piper Sandler has agreed to pay a total of $16 million as a civil penalty to U.S. regulators…
Equities sell off, Nasdaq on track for correction, bond yields sink
NEW YORK (Reuters) -Global equities sold off on Friday and U.S. Treasury yields were at multi-month lows on concerns about…
Yellen says G7 can reach deal on $50 billion Ukraine loan by October
By David Lawder RIO DE JANEIRO (Reuters) – U.S. Treasury Secretary Janet Yellen told Reuters on Friday that “things look…
Bank of Canada pivots to boosting economic growth, raising rate cut bets
By Promit Mukherjee and Fergal Smith OTTAWA (Reuters) – The Bank of Canada is shifting its focus to boosting the…