Economy
Japan Inc set to offer bumper pay hikes, paving way for BOJ stimulus exit By Reuters
By Tetsushi Kajimoto TOKYO (Reuters) - Big Japanese companies look set to formally offer hefty pay hikes at annual wage talks with unions that wrap…
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Trump blasts New Hampshire poll as a ‘scam’ after it shows Haley within 4 points of him
“‘FAKE NEW HAMPSHIRE POLL WAS RELEASED ON BIRDBRAIN. JUST ANOTHER SCAM!’” That line came in a social-media post Friday from…
Here’s how the 2024 presidential candidates say they’ll tackle elevated home prices
As homeownership looks increasingly out of reach for many younger Americans, what should the federal government do to make houses…
Sri Lanka anticipates second IMF bailout tranche amid recovery efforts
Sri Lanka is poised to secure a second $330 million installment from the International Monetary Fund (IMF) before the end…
Opinion: These 5 tough principles can help keep AI under our control
Artificial intelligence has been quietly helping us for decades, with progress accelerating in recent years, but 2023 will be remembered…
Pakistan secures IMF staff-level accord, aims for economic growth
ISLAMABAD - Pakistan's economic landscape is showing signs of recovery as Minister Shamshad Akhtar announced a staff-level agreement with the…
Opinion: The inflation challenge of 2024
As 2023 draws to a close, there are many known unknowns – especially on the geopolitical front – and presumably…
Polish PM: opposition threatens cenbank independence with tribunal talk
WARSAW (Reuters) - Polish opposition parties want to launch an attack on the independence of the central bank by putting…
Opinion: The top 1% of Americans aren’t to blame for income inequality
For decades, the share of national income held by the top 1% in the United States has soared. Income inequality,…
Brazil readies measures to help sectors hit by veto on tax benefits
SAO PAULO (Reuters) - Brazil's Finance Minister Fernando Haddad said on Friday that the government will introduce measures to help…
Rudy-nomics: From $50 million to bankruptcy, the financial fall of Rudy Giuliani
For a man who once parlayed his status as “America’s mayor” into an estimated $50 million fortune that consisted of…
Investors flock back to AI fund on rate cut hopes, Nvidia results
By Bansari Mayur Kamdar (Reuters) - An exchange-traded fund tracking artificial intelligence stocks saw investors pouring money after six straight…
Mexico’s economy grows slightly above forecasts in third quarter
(Reuters) -Mexico's economy grew 1.1% in the third quarter from the previous three-month period, national statistics agency INEGI said on…
How the Biden-Xi meeting in San Francisco could help prevent a world war
President Joe Biden will meet with his Chinese counterpart Xi Jinping near San Francisco Wednesday, and hanging over the summit…
Goldman Sachs and BlackRock optimistic about 2024 global economy
Global investment firms are offering varied perspectives on the economic outlook for 2024, with Goldman Sachs projecting global growth driven…
Senate passes bill to avert government shutdown, sending it to Biden to get signed into law
The Democratic-run Senate has approved a short-term funding measure that prevents a partial government shutdown from hitting this weekend, with…
Australian service sector inflation spikes amid high demand and tight supply
SYDNEY - Michele Bullock, speaking at the Australian Business Economists Annual Dinner on Wednesday, highlighted the burgeoning costs within Australia's…
Fed’s Cook says a soft landing is possible, but not assured
Inflation can continue to decline without a sharp increase in unemployment — a so-called soft-landing — a top Federal Reserve…
Analysis-Zambia bondholder deal flop prompts calls for rethink of debt reworks
By Libby George and Rachel Savage LONDON/JOHANNESBURG (Reuters) - The collapse of Zambia's $3 billion bond rework deal this week…