US consumer sentiment ebbs in January; 12-month inflation expectations rise
WASHINGTON (Reuters) – U.S. consumer sentiment weakened in January for the first time in six months amid worries about the labor market and potential higher prices for goods if President Donald Trump’s new administration presses ahead with planned tariffs on
Foreign investors bet on Turkey, drawn by rate cuts, easing inflation
By Libby George and Karin Strohecker LONDON (Reuters) – Foreign investors are flocking to Turkey’s local debt markets, saying they are impressed by interest rate cuts and easing inflation and are hoping that a regional transformation could further boost their bets
Goldman Sachs on tariff evasion
Investing.com — Goldman Sachs analysts highlighted the growing issue of tariff evasion as a significant factor in the apparent decline in U.S. imports from China, which have dropped by $240 billion since the 2018-2019 trade war. “Tariff evasion likely overstates this decline,”
Verizon wireless subscriber growth hits 5-yr high, profit view weak
By Harshita Mary Varghese (Reuters) -Verizon Communications on Friday reported its best quarterly wireless subscriber growth in five years, fueled by robust demand for its customizable myPlan, Black Friday deals and trade-in offers for the AI-powered iPhone 16 series. The strong growth
US existing home sales rise to 10-month high in December
By Lucia Mutikani WASHINGTON (Reuters) – U.S. existing home sales increased to a 10-month high in December, but further gains are likely to be limited by elevated mortgage rates and house prices, which are keeping many prospective buyers on the sidelines. Home