Wall Street is sinking as the strong services data caused jitters over the Fed’s direction

Service Sector Activity Increases In The US In November Tesla cuts its Shanghai factory production plan for December All S&P 500 sectors fell, with energy stocks hit hard Indices down: Dow 1.26%, S&P 1.61%, Nasdaq 1.7% (Reuters) – Major US indices fell on Monday as investors worried that better-than-expected service-sector activity could point to the … Read more

The caregiver’s lament: How to deal with the costs of care

NEW YORK, Nov. 29 (Reuters) – You probably know PJ Byrne from movies, most likely as one of the fast-living psychics alongside Leonardo DiCaprio in The Wolf of Wall Street. But Byrne’s most important role these days is closer to home: that of son and caregiver. His 79-year-old father has been suffering from dementia for … Read more

Canada to enhance defense and cyber security in Indo-Pacific policy, focus on ‘disruptive’ China

OTTAWA, Nov. 27 (Reuters) – Canada launched its long-awaited Indo-Pacific strategy on Sunday, outlining C$2.3 billion ($1.7 billion) in spending to bolster military and cyber security in the region and pledging to engage with China. troubled.” While working with her on climate change and trade issues. The plan, detailed in a 26-page document, said Canada … Read more

Column: China picks up the American beans while the pig herd is still in check

NAPPERVILLE, Illinois, Nov. 17 (Reuters) – China has been choppy in the U.S. soybean market lately, though its purchases last week were unexpectedly large and probably badly needed as supplies of the largest bean ran out. imported. However, China’s pig industry, the largest in the world, could be on rocky ground as evidenced by rising … Read more

First TVs, now tortilla chips: American companies set minimum prices to stop discounting

NEW YORK, Nov. 17 (Reuters) – Makers of everything from toys to wafers are increasingly placing minimum prices on their items to maintain profits and limit price cuts as retailers like Walmart do so. (WMT.N) and Amazon.com Inc (AMZN.O) Trying to attract sales from each other over the Internet. As a result, shoppers are faced … Read more

Trump’s 2024 presidential bid was a new wrinkle for the markets

NEW YORK (Reuters) – Former President Donald Trump’s entry into the 2024 presidential race on Tuesday confirmed the world’s “worst-kept secrets” and created another variable for markets that some investors say remains a low priority for now. Trump, who has launched relentless attacks on voting integrity in the United States since his defeat in the … Read more

Zelensky says it’s time to pressure Russia for peace

Zelensky urges world leaders to press for peace now Ukraine PM says Russia defeat Kherson, time to end war Zelensky welcomes any comment between the US and China on the nuclear threat Kherson residents recount abuses committed by Russian forces Kherson, Ukraine (Reuters) – Ukrainian President Volodymyr Zelensky urged world leaders on Tuesday to support … Read more

Ukraine’s Kherson races to restore energy and water after Russia’s withdrawal

The main infrastructure in Kherson was mined by the Russian ruler The humanitarian situation in Kherson is “extremely difficult” – official Authorities are working to restore vital services Fighting rages in Donetsk and eastern Luhansk regions Kherson, Ukraine (Reuters) – Public utilities companies in Kherson are working to restore vital infrastructure damaged and mined by … Read more

COVID public health emergency in the US to stay in place

Two Biden administration officials said Friday that the United States will maintain a public health emergency for the COVID-19 pandemic, allowing millions of Americans to get free tests, vaccines and treatments. One of the officials said the possibility of an increase in coronavirus cases in the winter and the need for more time to transition … Read more

Exclusive: Tesla considering exporting Chinese-made electric cars to US sources

SHANGHAI, November 11 (Reuters) – TESLA (TSLA.O) Two people familiar with the planning are considering exporting electric cars made in China to the United States, a reversal that would reflect the automaker’s deep cost advantage at its Shanghai plant and sluggish demand from Chinese consumers. Tesla is studying whether parts made by its suppliers in … Read more