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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IMF sees Thai GDP growth at 2.7% this year, 3.6% next year
BANGKOK (Reuters) -Thailand's economy is projected to grow 2.7% this year and 3.6% next year, amid a highly uncertain global…
BofA CEO Moynihan says US economy headed for soft landing
By Lananh Nguyen and Saeed Azhar NEW YORK (Reuters) -Bank of America CEO Brian Moynihan said on Wednesday he expects…
Next Republican debate: When is it, and who will be participating on stage?
The major Republican presidential contenders are set to face off against one another in the third debate on Wednesday night,…
Cleveland Fed begins search for new leader as Mester nears retirement
By Michael S. Derby NEW YORK (Reuters) - The Cleveland Federal Reserve said on Wednesday it has begun to search…
From oil to crypto, AI chips and interest rates – these are the 13 policymakers who matter in markets
When she was confirmed by the Senate in a close 2022 vote to fill an unexpired term, Fed Governor Lisa…
CFPB fines Citi $26 million for ‘intentional’ discrimination against Armenian Americans
The Consumer Financial Protection Bureau ordered Citibank to pay $25.9 million in fines and consumer redress for intentional and illegal…
After aggressive rate hikes, big central banks take time out
LONDON (Reuters) - After almost two years of aggressive monetary tightening, the world's biggest central banks are taking time out…
TransUnion study finds student loan repayments impacting short-term financial optimism
TransUnion (NYSE:)'s Q4 2023 Consumer Pulse Study has found that the unexpected resumption of student loan repayments in October 2023…
Mortgage rates register sharpest drop in over a year amid signs of a weakening U.S. economy
The numbers: Mortgage demand rose as rates fell sharply on the back of signs of a weakening U.S. economy. Mortgage…
Specialization of LatAm exports to China shows ‘worrying’ trend, UN report says
By Natalia A. Ramos Miranda SANTIAGO (Reuters) - The increasing specialization of Latin America's exports to China, focusing on oil…
Not one S&P 500 CEO is donating to Donald Trump
While Donald Trump is the frontrunner in the 2024 Republican presidential primary and leads his GOP rivals in overall fundraising,…
BoE holds interest rate at 5.25% amid inflationary pressures and economic stagnation
The Bank of England (BoE) has upheld its 5.25% interest rate, deviating from its tradition of rate increases in a…
US factory orders surge in September
WASHINGTON (Reuters) - New orders for U.S.-made goods increased more than expected in September, boosted by strong demand for computers…
CFPB wants to treat Apple Pay, Google Pay and other tech-payment products like banks
The Consumer Financial Protection Bureau proposed a new rule Tuesday that would require Big Tech companies that offer payment services…
Column-California healthcare provider’s move shows pitfalls of Medicare Advantage
By Mark Miller (Reuters) - Many people on Medicare look the other way when the program’s annual enrollment period rolls…
Ole! Mexico becomes biggest U.S. importer amid tensions with China
Clothes, iPhones and TVs made in China have long made the Asian giant the biggest supplier of foreign-made goods to…
Analysis-Fed meeting revives Treasury bulls after brutal selloff
By Davide Barbuscia and David Randall NEW YORK (Reuters) -Signs that the Federal Reserve may be closer to wrapping up…
It’s Election Day — and Taylor Swift wants you to vote
It’s Election Day in the U.S. But given that it’s an off year — meaning we’re not voting for the…