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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Powell says Fed is wary of ‘head fakes’ from inflation
Federal Reserve officials are “gratified” with the progress made so far on bringing down U.S. inflation, but are not yet…
Column-October suddenly looks like a bad bond dream: Mike Dolan
By Mike Dolan LONDON (Reuters) - If the notorious 'term premium' is evaporating again, then last month's bond rout may…
Biden says UAW’s deal with automakers proves Trump is wrong about EVs
President Joe Biden on Thursday celebrated agreements between the United Auto Workers and the Big Three carmakers, while also taking…
German inflation rate hits lowest since August 2021 amid falling energy prices
The German inflation rate in October has dropped to its lowest level since August 2021, according to data from Destatis.…
Veterans Day 2023: Are banks closed on Friday? Does mail run?
There are plenty of closures to be aware of this Veterans Day. But when is the holiday being observed, exactly? …
Goldman Sachs forecasts AI-driven productivity surge in 2024
Goldman Sachs has recently cautioned investors about the potential uncertainty that 2024 may bring, emphasizing the importance of diversification and…
ECB’s Makhlouf says new risks emerging as others fade
DUBLIN (Reuters) - A large part of monetary tightening has yet to be passed through to the financial system and…
Fair game or trash talk? Nikki Haley’s ‘scum’ comment about Vivek Ramaswamy draws attention.
Did Nikki Haley cross a line when she called Vivek Ramaswamy “scum” during Wednesday night’s U.S. Republican presidential debate? Specifically,…
Bank of Japan pledges improved inflation forecasting amid policy concerns
In a recent Financial Affairs Committee session, Kazuo Ueda, the Governor of the Bank of Japan (BOJ), addressed inaccuracies in…
Israel plans four-hour pauses in northern Gaza, White House says
Israel will “begin to implement four-hour pauses in areas of northern Gaza each day, with an announcement to be made…
Fed speak ahead, Disney to report – what’s moving markets
Investing.com -- U.S. futures hovered around the flatline on Wednesday, with comments from Federal Reserve officials tempering some investor optimism that…
Fed’s Barkin: Swings in long-term Treasury yields not a useful variable for deciding interest-rate policy
The movement in long-term bond yields may be capturing headlines, but it isn’t a great guide for deciding what to…
ECB’s Wunsch foresees softened economy, warns against premature rate expectations
Pierre Wunsch, a member of the European Central Bank's (ECB) 26-member Governing Council and the Belgian central bank chief, has…
Fed’s Paese says more data on inflation is needed before bank weighs another rate hike
The interim president of the St. Louis Federal Reserve Bank said the U.S. central bank “can afford to wait for…
Portugal without Costa: ex-PM’s economic legacy likely to endure
By Andrei Khalip LISBON (Reuters) - Tuesday's shock resignation of Antonio Costa amid a corruption probe brought an ignominious end…
Opinion: Third Republican presidential debate showed that no candidate is addressing financial markets’ growing concerns
With two months before the Iowa caucuses and three months before the New Hampshire primary, there’s now a real race…
Federal Reserve’s rate hike strategy yields decade-high CD returns
In a bid to counter inflation, the Federal Reserve has increased interest rates over the past 18 months, which has…
ECB policymakers keen to cool euphoria over inflation drop
By Balazs Koranyi FRANKFURT (Reuters) - The European Central Bank needs to see further progress in dampening inflationary pressures, and…