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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Biden blasts Trump over revived push to kill Obamacare: ‘We won’t let these things happen’
President Joe Biden on Monday hit back at Donald Trump, two days after the former president revived calls to eliminate…
Argentina’s economy chief frontrunner pitches Milei’s ‘shock’ therapy to banks – sources
By Jorgelina do Rosario and Jorge Otaola BUENOS AIRES (Reuters) - Argentine former central banker Luis Caputo, frontrunner to be…
Opinion: You’re not imagining things: The end of the ‘everything bubble’ has made the world more dangerous
Since the publication of Megathreats in October 2022, the themes I emphasized have gone mainstream. Everyone now acknowledges that economic, monetary and…
Nigeria Q3 growth steady at about 2.5% as oil sector contraction slows
By Chijioke Ohuocha ABUJA (Reuters) -Nigeria's economy grew by 2.54% in the third quarter, largely steady from the 2.51% in…
U.S. home prices climb for seventh month in a row to a record high, Case-Shiller says
The numbers: Home prices in the 20 biggest U.S. metros rose for the seventh month in a row and hit…
Take Five: Warming up this winter
(Reuters) -Investors are torn over when global interest rates are likely to start falling, which is weighing on the dollar…
Consumer confidence rebounds from 15-month low, but recession worries persist
The numbers: Consumer confidence rebounded in November from a 15-month low but worries about a recession persisted, a new survey…
Wall St ends mixed in truncated Black Friday trading
By Stephen Culp NEW YORK (Reuters) -U.S. stocks ended little changed in holiday-shortened trading on Friday, with low volume and…
Fed’s Waller says economy may be slowing enough to tame inflation. Fed’s Bowman not convinced.
A pair of Federal Reserve governors said recent signs of a slowdown in the economy could help return inflation to…
Argentina’s Milei, IMF discuss fiscal adjustment plan, monetary program
(Reuters) - Argentina President-elect Javier Milei said on Friday he had spoken with the director of the International Monetary Fund…
Nigeria cenbank to tighten policy to curb inflation, asks banks to boost capital
By Chijioke Ohuocha and Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria's central bank will tighten policy over the next two quarters to…
U.S. budget deficit narrows in October as deferred California payments roll in
The numbers: The U.S. federal budget deficit narrowed to $67 billion in October, down from $88 billion in the same…
Signa unit confirms bankruptcy filing in letter to employees – Wirtschaftswoche
FRANKFURT (Reuters) - Signa Real Estate Management confirmed its bankruptcy filing in a letter to employees on Friday evening, German…
Inflation likely slowed in October, CPI to show
The rate of inflation likely eased in October due to lower gas prices, but probably not enough to erase lingering…
Bundesbank Chief Urges Swift Fiscal Planning for German Stability
FRANKFURT - In a recent address at a youth event hosted by Germany's central bank, Bundesbank President Joachim Nagel stressed…
Treasury yields drop by most in eight months on October CPI’s easing inflation
Treasury yields plunged on Tuesday, handing 2- and 10-year rates their biggest one-day declines since March, after October’s U.S. consumer…
Gold futures post biggest daily gain in nearly a month after U.S. inflation data
Gold futures finished higher on Tuesday, with prices scoring their biggest daily percentage gain in nearly a month as the…
Bank of England simulates financial stress to gauge systemic risks
In an effort to assess the resilience of the financial system, the Bank of England, under the direction of Andrew…