Paul Simao

1 day ago | gurutrade.com | Lucia Mutikani |Paul Simao

WASHINGTON, May 13 (Reuters) - U.S. consumer prices rebounded moderately in April, but inflation is likely to pick up in the coming months as tariffs boost the cost of imported goods. The consumer price index CPI increased 0.2% last month after dipping 0.1% in March, which was the first decline since May 2020, the Labor Department's Bureau of Labor Statistics said on Tuesday. Economists polled by Reuters had forecast the CPI would rise 0.3%.

1 week ago | today.westlaw.com | Dave Lawder |Chizu Nomiyama |Paul Simao |Andrea Ricci

WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday said President Donald Trump's tariff, tax-cut and deregulation agenda would work together to drive long-term investment to the U.S. economy, adding that U.S. financial markets...

1 week ago | today.westlaw.com | Paul Simao |Arathy Somasekhar |Liz Hampton |Sheila Dang

HOUSTON (Reuters) -Oil output from the U.S. Gulf of Mexico can continue growing despite market uncertainty created by the most geopolitical volatility in decades, oil and gas industry leaders said on Monday.

2 weeks ago | gurutrade.com | Lucia Mutikani |Paul Simao

WASHINGTON, April 30 (Reuters) - U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices and shortages due to tariffs, but that did little to change economists' views that the economy had shifted into lower gear.

2 weeks ago | kfgo.com | Mike Dolan |Paul Simao

By Mike DolanLONDON (Reuters) – What matters in U.S. and global markets todayBy Mike Dolan, Editor-At-Large, Financial Industry and Financial MarketsA calmer mood has pervaded world markets this week, as a torrent of upcoming U.S. economic health reports and corporate updates are corralling stocks and hopes are rising for trade war de-escalation. But anxieties remain about volatile policymaking in Washington.