NEW YORK (Reuters) - Financial markets are heading into this week's Federal Reserve meeting with more clarity over the outlook for the U.S. central bank's ongoing balance sheet drawdown than they've had in a while, and those keeping close tabs on the process see it continuing into next year even as the Fed keeps cutting interest rates.  The clarity is...

07:33 AM EST, 11/05/2024 (MT Newswires) -- The US dollar fell against its major trading partners early Tuesday ahead of a series of economic data releases while the presidential election dominates the news cycle. The results of the election are unlikely to be known with any certainty until Wednesday at the earliest, and perhaps even later, but news networks will...

(Reuters) - Traders trimmed bets Tuesday on Federal Reserve interest rate cuts next year, as early tallies for the U.S. presidential election rolled in through the evening.  Traders of futures contracts tied to the Fed's policy rate continue to bet the Fed will cut the policy rate by a quarter of a percentage point this week and again in December,...

WASHINGTON (Reuters) - The U.S. trade deficit widened sharply in September as businesses boosted imports to meet robust domestic demand and in anticipation of higher tariffs on goods. The trade gap increased 19.2% to $84.4 billion from a revised $70.8 billion in August also as exports fell, the Commerce Department's Bureau of Economic Analysis said on Tuesday. Economists polled by...