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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How a conservative group sees a climate-focused energy transition that includes gas and nuclear
U.S. Rep. John Curtis of Utah spends a fair amount of time convincing voters and politicians on the right and…
Us Mortgage Rates Surpass 7% Amid Strong Economy
The strength of the U.S. economy has pushed mortgage rates beyond the 7% mark, with recent data showing a significant…
Canada stock market operator TMX says IPO window shrinking
By Divya Rajagopal and Huw Jones TORONTO/LONDON (Reuters) - Canada's main stock exchange operator TMX Group is urging companies seeking…
‘Dovish hike’ by ECB sees euro and German bond yields slide
The euro and German government bond yields fell after the European Central Bank raised interest rates, but implied further increases…
Analysis-What rate hike? Investors eye ECB rate cuts as economy weakens
By Yoruk Bahceli and Naomi Rovnick (Reuters) - Traders are standing firm on bets that the European Central Bank will…
Use MarketWatch’s tool to search for the producer price index of almost 600 products
For many consumers, the prices they pay at the grocery store or the mall are likely the most salient measure…
Argentina holds interest rate steady despite inflation spike
By Jorge Otaola BUENOS AIRES (Reuters) -Argentina's central bank (BCRA) decided to hold the benchmark interest rate steady at 118%…
Georgia’s governor declares ‘state of emergency’ over inflation and pauses gas tax. But will that push up gas prices even further?
“‘While high prices continue to hit family budgets, hardworking Georgians deserve real relief and that’s why I signed an executive…
Angry McCarthy goads House Republicans in government shutdown fight
By David Morgan WASHINGTON (Reuters) -A visibly frustrated U.S. House Speaker Kevin McCarthy profanely goaded recalcitrant fellow Republicans in a…
Will savings and CD rates go even higher in 2023? Why one pro says this might ‘sustain the current high yield offers.’
With consumer prices showing signs of overall pressure, one expert says all eyes are now likely on what steps the…
ECB’s Rate Hike to 4% Signals Possible End of Tightening Phase
The European Central Bank (ECB) raised its rates by 0.25% on Thursday, setting a new record for the deposit rate…
U.S. 4-week average of jobless claims drops to lowest level in seven months
The numbers: Initial jobless benefit claims stayed in ultra-low territory in the latest week with the 4-week moving average of…
ECB raises rates to record high, signals end to hikes
By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank raised its key interest rate to a…
U.S. retail sales climb fifth month in a row, but mostly due to higher gas prices
The numbers: Sales at U.S. retailers rose 0.6% in August despite a hangover for internet stores after the Amazon Prime…
ECB Raises Interest Rates Amid High Inflation and Lowered Growth Forecasts
In an unexpected move on Thursday, the European Central Bank (ECB) raised its key interest rates by 25 basis points,…
U.S. plans to sanction about 150 entities over aid to Russia: report
The U.S. on Thursday will sanction around 150 foreign companies and individuals allegedly involved in shipping American technology to Russia,…
ECB Increases Key Interest Rates to Tackle Inflation, Signals End of Tightening Cycle
In a bid to counter stubborn inflation, the European Central Bank (ECB) increased its deposit rate to an all-time high…
Wholesale inflation posts largest increase in 14 months, U.S. PPI shows
The numbers: Fueled by higher energy costs, U.S. wholesale prices jumped 0.7% in August to mark the largest increase in…