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 to pause in September, say slim majority of economists: Reuters poll
By Prerana Bhat BENGALURU (Reuters) - The European Central Bank will pause a more than year-long rate-hiking campaign in September,…
U.S. bank lending flattens out in latest week
The numbers: Commercial and industrial loans — a key economic driver — fell slightly in the week ending Aug. 2,…
Take Five: Are we there yet?
(Reuters) - As the world's central banks near the end of what has felt like a relentless string of interest…
China to replace $140 billion LGFV debt with local bonds – Bloomberg News
BEIJING (Reuters) -China will let local governments raise about 1 trillion yuan ($140 billion) through bond sales to repay the…
Climate change and carbon capture: Texas, Louisiana score federal money for largest-ever U.S. direct-air effort
President Joe Biden’s Department of Energy will direct up to $1.2 billion to help pay for two direct air carbon-emissions…
PPI ahead, News Corp’s AI plans – what’s moving markets
Investing.com -- Investors attempt to parse out the implications of softer-than-expected U.S. inflation data, with the July producer price index set…
3 reasons investors should be cautious about July’s ‘very encouraging’ CPI reading
Thursday’s consumer-price report for July is boosting the likelihood that the Federal Reserve will take no action next month, while…
China July new bank loans tumble, credit growth weakens further
By Kevin Yao and Qiaoyi Li BEIJING (Reuters) -China's new bank loans tumbled in July and other key credit gauges…
David Weiss named special counsel in Hunter Biden probe
U.S. Attorney General Merrick Garland on Friday named David Weiss as a special counsel in the investigation into President Joe…
Global money market funds draw biggest weekly inflow in 4-1/2 months
(Reuters) - Global money market funds attracted robust inflows in the week to Aug. 9, reflecting investor caution ahead of…
Wholesale inflation accelerates in July for first time in 13 months
Inflation at the wholesale level rose more than expected in July, ending a year-long streak of steady declines in consumer…
US equity funds record biggest weekly outflow in seven weeks
(Reuters) - U.S. equity funds saw heavy outflows in the seven days to Aug. 9 amid investor caution ahead of…
Surprise rise in U.S. producer prices in July PPI was caused by jump in stock market
What the stock market gives, the stock market takes away. U.S. stocks opened lower SPX and bond yields BX:TMUBMUSD10Y rose…
Argentina inflation likely sped back up ahead of primary vote, analysts say
By Hernan Nessi BUENOS AIRES (Reuters) - Argentina's monthly inflation rate likely sped back up to 7.1% in July, a…
Inflation may re-accelerate in fourth quarter or next year, but but it may not be a bad thing
U.S. inflation has slowed down significantly over the past few months, but it faces risks of re-acceleration in the fourth…
Munich developer insolvent in latest blow to German property sector
By Tom Sims FRANKFURT (Reuters) - A Munich-based property developer said on Friday it had filed to open insolvency proceedings…
Consumers see substantial improvement in economy over past 3 months, UMich survey
The numbers: The University of Michigan’s gauge of consumer sentiment inched down to a preliminary August reading of 71.2 after…
UK considers response to U.S ban on tech investments in China
LONDON (Reuters) - Britain said on Thursday it was weighing how to respond to a decision by U.S. President Joe…