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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New Zealand cuts spending plans as China, global economies slow
SYDNEY (Reuters) - New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and…
Indonesia central bank believes new certificates will offer ‘very attractive’ yields
By Stefanno Sulaiman JAKARTA (Reuters) - New certificates being introduced by Bank Indonesia for sale next month are expected to…
Head of France’s Medef business lobby: seeing some signs of business slowdown
PARIS (Reuters) - There are signs of a slowdown in business activity in France and interest rates are also weighing…
San Francisco Fed’s head of bank supervision to retire in wake of Silicon Valley Bank’s collapse
Azher Abbasi, the head of bank supervision at the Federal Reserve Bank of San Francisco — which included oversight of…
Take Five: Farewell to a bruising August
(Reuters) -Bruised bond market investors will seek some solace from U.S. jobs data and European inflation numbers out in the…
BOJ Ueda says China’s slowdown adds to economic uncertainty
TOKYO (Reuters) - Bank of Japan Governor Kazuo Ueda said the pace of economic activity in China has been a…
Powell signals no retreat, no surrender
(Reuters) - A look at the day ahead in U.S. and global markets by Amanda Cooper. One of the overarching…
Franklin strengthens into Category 4 hurricane -U.S. NHC
(Reuters) -Franklin strengthened into a Category 4 hurricane on Monday morning, the U.S. National Hurricane Center (NHC) said in its…
Here’s how much 401(k) contribution limits are likely to rise next year
It’s not time to break out the champagne. The tax-deferred amount you will be able to contribute to your 401(k)…
US auto sales hint slowdown as economic woes weigh – S&P Global Mobility
(Reuters) -U.S.-light vehicle sales are expected to remain steadfast in August but are showing early signs of a slowdown, S&P…
America’s skilled worker shortage impacting construction, manufacturing industries
America’s shortage of skilled workers is impacting the ability of businesses in the construction and manufacturing industries to staff their…
Trump, DeSantis dip in polls after first Republican debate, while Ramaswamy, Haley, Pence gain a little
The first debate in the 2024 Republican presidential primary hasn’t delivered a big jolt to the contest, but polls are…
Storm Idalia seen strengthening to hurricane ahead of Florida landfall
By Brendan O'Brien and Rich McKay (Reuters) - Tropical Storm Idalia was expected to intensify into a major hurricane on…
Post-pandemic, world facing gloomy stew of debt, trade wars and poor productivity
By Howard Schneider JACKSON HOLE, Wyoming (Reuters) - Record levels of government debt, geopolitical tensions that threaten to split the…
Judge sets March 4 trial date for Trump’s Jan. 6 case
A judge in Washington, D.C., has set March 4 as the trial date for former President Donald Trump’s Jan. 6…
St. Louis Fed says search for new president has formally begun
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve Bank of St. Louis on Monday said it has…
U.N. schools in Gaza begin school year uncertain if they will stay open
By Nidal al-Mughrabi GAZA (Reuters) - Gaza's students began their new school term on Sunday, but it is unclear if…
Canadian economy set to show marked slowdown in Q2, giving BoC cause to pause
By Fergal Smith TORONTO (Reuters) - Canada's second-quarter GDP report, due on Friday, is likely to show a sharp slowdown…