Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
BofA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data
By Kanishka Ajmera May 11 (Reuters) - BofA Global Research and Goldman Sachs are the latest brokerages to revise their U.S. Federal Reserve rate calls to later dates, citing elevated inflation due to ...
May 11, 2026
ECB's Kocher sees rate move if inflation outlook does not improve
ZURICH, May 11 (Reuters) - The European Central Bank will need to adjust interest rates soon if the inflationary outlook does not significantly improve, ECB Governing Council Member Martin Kocher was ...
May 11, 2026
US industry, lawmakers plead with Trump: Don't open door to Chinese cars at Xi summit
By David Lawder and David Shepardson WASHINGTON, May 11 (Reuters) - As President Donald Trump prepares to meet with Chinese President Xi Jinping this week, the U.S. auto industry and lawmakers on both...
May 11, 2026
Peace progress stalls, AI rally does not
A look at the day ahead in European and global markets from Tom Westbrook Markets still want to believe that neither the U.S. nor Iran is aiming to escalate their conflict. But the path to resolution ...
May 10, 2026
Ambani's Jio Platforms IPO pivots to pure fundraising, no investor exits, sources say
By Aditya Kalra and Vibhuti Sharma MUMBAI, May 11 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Jio Platforms has shifted its planned Mumbai IPO to a pure fundraising exercise, abandoning ea...
May 10, 2026
ECB's de Guindos urges prudence on rates in parting shot - FT
FRANKFURT, May 11 (Reuters) - The European Central Bank's outgoing Vice President Luis de Guindos urged colleagues, in an interview published on Monday, to be prudent when deciding on an expected inte...
May 10, 2026
China's domestic car demand stays weak but exports strengthen
BEIJING, May 11 (Reuters) - China's domestic car sales fell for a seventh straight month in April amid intense competition in the world's biggest auto market but exports stayed strong as automakers in...
May 10, 2026
Australia seeks reform, inflation restraint in budget balancing act
By Stella Qiu SYDNEY, May 11 (Reuters) - Australia is expected to deliver a smaller than initially forecast budget deficit this week as the government banks revenue windfalls from higher commodity pri...
May 10, 2026
China's factory inflation hits 45-month high on energy price shock
By Yukun Zhang and Liz Lee BEIJING, May 11 (Reuters) - China's producer prices blew past expectations to rise to a 45-month high in April, while consumer inflation also accelerated as global energy co...
May 10, 2026
BIS urges targeted fiscal policy to curb inflationary risks, Nikkei says
TOKYO, May 11 (Reuters) - Countries must keep fiscal spending targeted and temporary as broad-based, persistent stimulus could increase inflationary risks and compel central banks to raise interest ra...
May 10, 2026
