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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Hate to spoil the party but there’s a new risk in town — a ‘no landing’ economy
For the last 18 months, all you heard from the markets was that the U.S. economy was three months away…
Traders bet Fed rate hikes are over, cuts to start in 2024
By Ann Saphir (Reuters) - Federal Reserve policymakers are unlikely to raise interest rates again in 2023 and will probably…
US sanctions four Russians linked to financial conglomerate Alfa Group
WASHINGTON (Reuters) -The U.S. on Friday imposed new sanctions on four Russians linked to financial and investment conglomerate Alfa Group…
Miss Universe cuts ties with Indonesia organiser accused of sexual harassment
JAKARTA (Reuters) - The Miss Universe Organization said it was cutting ties with its Indonesian franchisee and cancelling this year's…
One eve of vote, Argentina’s Massa announces $500 million in new loans
BUENOS AIRES (Reuters) - Argentina will sign loans worth $500 million with international lenders next week, Economy Minister Sergio Massa…
India’s Adani Ports says Deloitte auditor resignation arguments not convincing
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -India's Adani Ports on Saturday said Deloitte's reasoning to quit as…
Exclusive-Biden taps Jackson for economic adviser, signals focus on education
By Trevor Hunnicutt WASHINGTON (Reuters) - U.S. President Joe Biden is tapping C. Kirabo Jackson, a labor economist whose research…
Fed doves, Fed hawks: a look at how U.S. central bankers fly
(Reuters) - The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy…
Bank deposits, lending rise in latest week: Fed
Invesitng.com -- Bank deposits, and lending rose in the week ended Aug. 2, the latest data Friday from the Fed…
Sluggish US earnings may need pick-me-up to support 2023 stock rally
By Lewis Krauskopf NEW YORK (Reuters) - Stock investors have been satisfied by middling U.S. corporate results so far this…
IMF reaches $830 million staff-level deal to support Honduras economy
(Reuters) -The International Monetary Fund said on Friday it has reached a staff-level agreement with Honduras for a 36-month credit…
Bank borrowing from fed rises in latest week, Fed data show
Investing.com -- Bank borrowing from the Federal Reserve's emergency lending programs rose slightly for the week ended Aug. 9. In the…
US mortgage delinquency rates fall to all-time low
By Safiyah Riddle (Reuters) - U.S. mortgage delinquency rates fell to a record low in the second quarter due to…
Bittrex to pay $24 million to settle with US securities regulator
By Jody Godoy (Reuters) -Bittrex has agreed to pay $24 million to settle claims by the U.S. Securities and Exchange…
Delta Air Lines passenger settlement offers refunds to some customers affected by COVID cancelations
Delta Air Lines has settled a class-action lawsuit filed by passengers upset by flight cancelations during the beginning of the…
Bank of Mexico again holds interest rate firm, even as region begins cuts
By Brendan O'Boyle MEXICO CITY (Reuters) - The Bank of Mexico maintained its benchmark interest rate at 11.25% on Thursday,…
Australia central bank says worst over for inflation as policy enters ‘calibration stage’
SYDNEY (Reuters) - The head of Australia's central bank on Friday said policy was in the "calibration stage" as the…
Economists are getting more optimistic about GDP and jobs, survey says
The U.S. economy will likely see stronger growth and add more jobs next year than previously expected, according to a…