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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ECB’s Lagarde calls for higher for longer rates to achieve inflation target
Investing.com -- European Central Bank president Christine Lagarde on Friday called for higher-for-longer interest rates to achieve the central bank's…
Fed’s Powell: higher rates may be needed, will move ‘carefully’
By Howard Schneider and Ann Saphir JACKSON HOLE, Wyoming (Reuters) -The Federal Reserve may need to raise interest rates further…
Global economic transformation risks fuelling inflation: Lagarde
By Balazs Koranyi JACKSON HOLE, Wyoming (Reuters) -Profound changes in how the global economy operates, from increased protectionism to energy…
Bank deposits slip for second week in a row, lending rebounds, Fed data show
Invesitng.com -- Bank deposits fell for the second-straight week, while lending activity rebounded in the week ended Aug. 16, the…
Analysis-Powell’s ‘higher for longer’ mantra fans investor caution over economy
By Davide Barbuscia and David Randall NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell on Friday did little to dissuade…
Justice Department may be nearing charges against Sen. Bob Menendez: report
The Justice Department appears to be nearing possible charges against Sen. Bob Menendez, the culmination of a long public-corruption probe, people…
Cybersecurity startup Wiz considers potential bid for SentinelOne
(Reuters) -Cybersecurity startup Wiz said on Friday it is considering a potential bid for SentinelOne (NYSE:) after the $4.9 billion…
Trump’s proposal of 10% tariff would be $300 billion tax on Americans, think tank says
The Big Number: Former President Donald Trump’s proposal to put a 10% tariff on all imports to the U.S. would be…
No appetite at Fed, ECB for changing inflation goal
JACKSON HOLE, Wyoming (Reuters) - Any thoughts that the 2% inflation goal long sought by the U.S. Federal Reserve and…
Trump’s mug shot could be a gold mine for his campaign — and for enterprising Etsy sellers
Former President Donald Trump’s historic mug shot is already popping up on T-shirts, coffee mugs, posters, bumper stickers, beverage coolers,…
Historically stormy month of September may test US stock rally
By David Randall NEW YORK (Reuters) - U.S. stock investors are bracing for a potentially volatile September as the market…
Jerome Powell says it ‘takes time’ for slowdown in rent rises to show up in the Fed’s inflation gauge
Federal Reserve Chair Jerome Powell on Friday said that the central bank is aware that rent growth is slowing down…
Analysis-Little relief for indebted Canadian homeowners as mortgage rates seen higher for longer
By Nivedita Balu and Fergal Smith TORONTO (Reuters) - Highly indebted Canadians hoping for relief from a rapid rise in…
How the stock market’s performance under Biden is worse than under Obama or Trump — in one chart
U.S. stocks so far haven’t fared as well under President Joe Biden as they did in Donald Trump’s single term…
Pakistan required to keep SOEs under finance ministry oversight -IMF
By Ariba Shahid KARACHI (Reuters) - The International Monetary Fund's (IMF) representative in Pakistan on Wednesday said that the reform…
Fed’s Powell signals inflation fight not over, more rate hikes possible
Federal Reserve Chair Jerome Powell on Friday struck a hawkish tone during the annual central bank gathering in Wyoming: Inflation…
Column-China, Japan share of U.S. bond market shrinks to record low: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) - What if Japan or China intervened in the foreign exchange market to sell…
Consumer sentiment dips at end of August on more worries about the U.S. economy
The numbers: A survey of consumer sentiment hung close a two-year high in August, but Americans expressed more worries about…