Wall Street ends sharply lower. Investors are worried about the economy

The S&P 500 index reached its lowest level in nearly two years Airlines and cruises canceled due to Hurricane Ian Carmax drops after missing Q2 forecast End of Indices: S&P 500 -2.11%, Nasdaq -2.84%, Dow -1.54% (Reuters) – Wall Street closed sharply lower on Thursday on concerns that the Federal Reserve’s fierce battle against inflation … Read more

Morning show: Eye of the Storm

Register now to get free unlimited access to Reuters.com Register A look at the day ahead in the US and global markets from Mike Dolan. With Hurricane Ian erupting with its sights set on Cuba and Florida, a global financial storm in the bond and currency markets has subsided moderately – although likely only temporarily. … Read more

Federal Reserve officials stare at the markets, say inflation is the focus

Register now to get free unlimited access to Reuters.com Register WASHINGTON (Reuters) – Federal Reserve officials on Monday shrugged off heightened volatility in global markets from falling U.S. stocks to currency turmoil abroad and said their priority remained controlling domestic inflation. “There are interactions out there,” said Loretta Meester, president of the Federal Reserve Bank … Read more

In China, homebuyers occupy their unfinished “rotting” property

GUILIN, China (September 26) (Reuters) – Six months ago, Ms. Xu’s home was a room in a high-rise apartment in the southern Chinese city of Guilin she bought three years ago, drawn by brochures promoting her river views. and clean city air. However, her living conditions are far from those promised: unpainted walls, potholes where … Read more

US Treasury official criticizes China’s “non-conventional” debt practices

Chinese yuan banknotes are shown in this illustrative photo taken on April 25, 2022. REUTERS/Florence Law/Illustration Register now to get free unlimited access to Reuters.com Register China is the largest official creditor in the world Lack of transparency and confidentiality agreements under fire Urging progress on Common Framework debt deals for Zambia and other countries … Read more