kslmadmin

By Lewis Krauskopf NEW YORK, Sept 11 (Reuters) – Investors head into next week’s Federal Reserve unclear about the prospects that the central bank will hike interest rates, a move that could threaten a U.S. stock market rally already showing some vulnerability to rising bond yields.  For years, inflation has persistently run above the Fed’s 2% annual target, and interest rate increases are the primary tool the central bank has […]

NEW DELHI, Sept 11 (Reuters) – Indian Prime Minister Narendra Modi and Russian President Vladimir Putin began talks in New Delhi on Friday, their second meeting in two weeks, that is expected to focus on trade, energy and defence ties between the two countries, which have long been friends. The talks are being held on the eve of the annual summit of BRICS leaders in the Indian capital, that will […]

Sept 11 (Reuters) – U.S. grocer Kroger cut its annual identical sales forecast on Friday, underscoring cautious consumer spending even in categories such as essentials amid growing macroeconomic uncertainty. Shares of the company were down about 3% in premarket trading. U.S. consumer sentiment weakened in August, while retail sales unexpectedly declined in July for the first time in nine months, as middle- and lower-income households increasingly prioritize essentials and value purchases […]

By James Mackenzie MAGDEBURG, Germany, Sept 11 (Reuters) – After its triumph in Sunday’s state election in Saxony-Anhalt, Germany’s far-right AfD needs to attract defectors from other parties or reach an agreement with the small far-left BSW party that is setting difficult conditions in return for its support. Ulrich Siegmund, the 35-year-old AfD leader who is expected to become state premier, said there were discussions with both the BSW and […]

By Anna Szymanski Sept 11 (Reuters) – As summer fades, so have hopes for a quick resolution to the U.S.-Iran conflict, as tit-for-tat strikes, new threats in the Red Sea, and President Donald Trump’s comments about the war lasting through November have all helped push crude prices back above $100 a barrel for the first time since July. This has contributed to a new surge in global borrowing costs, with the U.S. […]

CHICAGO (AP) — Diesel prices in the U.S. hit yet another record on Friday, soaring past $6 a gallon on average as Washington’s war with Iran disrupts the world’s flow of fuel. The national average of $6.05 is up from $5.85 last week and $3.70 this time last year, according to motor club AAA. Higher diesel prices mean more expensive transportation for a long list of everyday goods. That’s because […]

ROME (AP) — Emma Bonino, who rose to political prominence as a leader of campaigns by the Radical Party that legalized abortion and divorce in the 1970s in heavily Roman Catholic Italy, against the objections of the Vatican, has died. She was 78. Her party of recent years, +Europa, announced her death. “Her life was a long struggle against everything that denies freedom: against clandestine abortion, world hunger, the stranglehold […]

SEOUL, South Korea (AP) — Former South Korean President Yoon Suk Yeol was acquitted Friday in a case related to a marine’s drowning death in a rare reprieve in one of the criminal cases brought against him following his ouster for imposing martial law. The independent counsel’s indictment had alleged Yoon deliberately appointed former Defense Minister Lee Jong-Sup as his ambassador to Australia to help him leave the country and […]

By Maria Tsvetkova and Joseph Ax NEW YORK, Sept 11 (Reuters) – Twenty-five years after the deadliest attack on U.S. soil, Americans will pause on Friday to commemorate the nearly 3,000 people killed when hijacked planes slammed into the World Trade Center, the Pentagon and a field in Pennsylvania — and to wrestle with the legacy of September 11. The attacks shaped generations of Americans who lived through the day or […]