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

News Room News Room 6 Min Read

Your best advisor to finance and money management.

Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.

Latest News

Argentina’s Milei pitched dollarization ‘models’ in IMF meet – sources

By Jorgelina do Rosario LONDON (Reuters) -Argentina's surprise presidential front-runner, radical libertarian Javier Milei, pitched models of dollarizing the South

News Room News Room

Jumping yields, slumping stocks may boost case for a Fed pause

By Howard Schneider WASHINGTON (Reuters) - Rising Treasury bond yields and home mortgage rates may reduce support at the U.S.

News Room News Room

Estee Lauder sees weak annual profit on slow recovery in Asia travel retail

By Granth Vanaik and Ananya Mariam Rajesh (Reuters) -Estee Lauder forecast annual sales and profit below estimates on Friday, indicating

News Room News Room

Dollar set for fifth straight week of gains as China stays top of mind

By Hannah Lang WASHINGTON (Reuters) - The dollar was flat on Friday but set for a fifth consecutive week of

News Room News Room

China unveils measures to revive stock market

SHANGHAI (Reuters) -China's securities regulator unveiled a package of measures on Friday aimed at reviving a sinking stock market, but

News Room News Room

Wall Street, yields tread water as investors await Fed at Jackson Hole

By Pete Schroeder WASHINGTON (Reuters) -Wall Street ended mixed Friday and U.S. Treasury yields stabilized after a recent surge and

News Room News Room

US bank credit contracts, loans drop in latest week: Fed data

(Reuters) -Bank credit at U.S. commercial banks shrank in the latest week as commercial banks pulled back on lending to

News Room News Room

Less cash, fewer bears could leave U.S. stocks vulnerable

By David Randall NEW YORK (Reuters) - Several indicators that pointed to upside for U.S. stocks this year have shifted

News Room News Room

White House says China’s economic data has had transparency issues

(Reuters) - The White House, pressed on Wednesday about recent Chinese growth, said there were issues with the transparency of

News Room News Room

Commercial and industrial lending falls again this week, but lending by small banks is up

The numbers: Commercial and industrial loans — a key economic driver — fell $6.2 billion to $2.75 trillion in the

News Room News Room

Close to half of Americans favor TikTok ban -Reuters/Ipsos poll

By Michael Martina and David Shepardson WASHINGTON (Reuters) - Close to half of American adults support a ban on the

News Room News Room

Looming UAW strike could cost US economy more than $5B in just 10 days

If the United Auto Workers decides to strike against the "Big Three" Detroit automakers when the current contract expires next

News Room News Room

Richest 10% linked to 40% of the emissions warming Earth. Should we tax investments accordingly?

The top 10% of the wealthiest Americans churn out 40% of the nation’s climate- warming emissions, says a new study,

News Room News Room

Argentines rush to dollar safety as election uncertainty looms

By Walter Bianchi, Jorge Otaola and Lucinda Elliott BUENOS AIRES (Reuters) - Confidence in Argentina's peso plumbed new depths on

News Room News Room

US CLOs’ credit profiles resilient despite mid-sized company risk -Moody’s

By Matt Tracy WASHINGTON (Reuters) - The credit quality of U.S. middle market collateralized loan obligations (CLOs), major sources of

News Room News Room

How the higher-for-longer theme in interest rates is playing out in SOFR futures

Growing acceptance of the higher-for-longer theme for U.S. interest rates is playing out in a variety of ways within financial

News Room News Room

Some 40% of Japanese firms see fundraising impact from BOJ tweak: Reuters poll

By Anton Bridge TOKYO (Reuters) - About 40% of Japanese firms expect the central bank's recent policy adjustment to have

News Room News Room

Jackson Hole: Fed’s Powell could join rather than fight bond vigilantes as yields surge

Freshly-awake bond vigilantes are getting ready to ride into Jackson Hole next week to have some fun and scare the

News Room News Room