On the eve of an interest-rate decision that will be announced in Athens, European Central Bank President Christine Lagarde gave an interview to Greece’s ANT1. According to a translation, Lagarde said “we’re not done yet,” in response to a question about whether there would be another wave of inflation. Lagarde…

(Reuters) – Real estate information provider CoStar Group (NASDAQ:) trimmed its annual revenue forecast on Tuesday as high interest rates forced consumers to rethink property purchases in an uncertain economy, sending its shares down 8% in extended trading. The Washington, D.C.-based company expects annual revenue between $2.445 billion and $2.450…

The Republican-run U.S. House of Representatives at last managed to elect a new speaker on Wednesday, backing Rep. Mike Johnson, who scored the job after failed bids this month by three other GOP lawmakers. The tally was 220 GOP votes for the Louisiana Republican, while 209 Democratic lawmakers supported their…

By Kevin Yao BEIJING (Reuters) -China is set to unleash fresh fiscal stimulus to shore up its economic recovery, drawing on a well-used playbook that relies heavily on debt and state spending but falls short on the deeper reforms called for by a growing number of analysts. Some government advisers…

President Joe Biden on Wednesday said he’s not worried that new House Speaker Mike Johnson will try to overturn the results of the next presidential election, noting that attempts at reversing the outcome of the 2020 election have failed. Now read: Mike Johnson elected speaker, ending rudderless period for House…

By Hyunjoo Jin and David Shepardson SAN FRANCISCO/WASHINGTON (Reuters) -California on Tuesday ordered General Motors (NYSE:)’ Cruise unit to remove its driverless cars from state roads, calling the vehicles a risk to the public and saying the company had “misrepresented” the safety of the technology. California’s Department of Motor Vehicles…

Chinese President Xi Jinping recently sought to assure a bipartisan delegation of U.S. senators that China and the United States could still avoid a military confrontation despite the rising tensions between them. “The Thucydides Trap,” he said, “is not inevitable.”The term “Thucydides Trap,” a reference to the ancient Greek historian’s account of the…

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Good news was good news on Tuesday, as another surprisingly strong snapshot of U.S. business activity boosted investor sentiment and risk appetite, which should pave the way for a positive…

Could newly elected U.S. House Speaker Mike Johnson deliver a partial government shutdown next month? Don’t bet on it, according to some analysts. The lengthiness of the House Republicans’ struggle to install a new speaker has helped bring down the chances for a shutdown when federal funding runs out Nov.…

MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador’s former finance minister is backing the main opposition alliance in next year’s presidential election, the opposition’s candidate said on Tuesday. Opposition presidential contender Xochitl Galvez said on X, formerly Twitter, that ex-minister Carlos Urzua had joined her right-left alliance bidding…