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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Short on cash, El Salvador doubles down on Bitcoin dream
By Sarah Kinosian and Nelson Renteria BERLIN, El Salvador (Reuters) - James and Nicki Malcolm moved to El Salvador from…
Consumer sentiment rises to 31-month high on slowing inflation and strong job market
The numbers: Consumer sentiment crept up in early February to a 31-month high, fueled by slowing inflation and a strong…
Global equity funds draw inflows amid economic optimism and easing inflation
(Reuters) - Global equity funds attracted substantial inflows in the week to Jan. 31, driven by upbeat U.S. economic growth…
Inflation data jolted stocks and bonds. This will decide what happens next.
A day after January’s hotter-than-expected consumer-price index drew a strong response from financial markets, investors and traders were questioning whether…
US equity funds draw inflows amid positive economic and inflation data
(Reuters) - U.S. equity funds saw renewed investor interest in the seven days leading to Jan. 31, propelled by encouraging…
No inflation help here: Import prices show biggest increase in almost two years
The numbers: The cost of imported goods jumped 0.8% in January, marking the first increase since last fall and the…
Brazil’s industrial output ends 2023 on strong note, above pre-COVID levels
SAO PAULO (Reuters) - Brazil's industrial production rose for a fifth consecutive month in December, data from statistics agency IBGE…
Investors will have to wait awhile for interest-rate cuts, Fed’s Bostic says
Investors will have to wait until at least July for those widely expected interest-rate cuts, according to one Federal Reserve…
BoE’s Pill: right time for a rate cut is ‘still some way off’
By David Milliken LONDON (Reuters) -The right time for the Bank of England to cut interest rates is probably still…
‘Volmageddon 2’ may be coming to a stock market near you, says this analyst
So much for the inflation scare! The stock market’s dive after Tuesday’s U.S. consumer prices report came in hotter-than-expected has…
Projected buyback revival stands to bolster US stocks in 2024
By Lewis Krauskopf NEW YORK (Reuters) -The rally that has taken U.S. stocks to an all-time high is expected to…
Wholesale prices post biggest increase in five months, PPI shows. The inflation fight is not over.
The numbers Wholesale costs rose in January at the fastest pace in five months, possibly another sign that inflation won’t…
Hong Kong billionaire Richard Li seeks to sell asset manager PineBridge -sources
By Selena Li and Kane Wu HONG KONG (Reuters) -Hong Kong investment firm Pacific Century Group (PCG), founded by billionaire…
2-year Treasury yield ends higher for 3rd straight week on signs of possible inflation trouble
U.S. government debt sold off on Friday, pushing yields to their second-highest levels of 2024, after hotter-than-expected producer-price data created…
Brazil proposes new framework to crack down on habitual tax evaders
BRASILIA (Reuters) - Brazil's government proposed tightening the screws on habitual tax evaders in a bill it sent to Congress…
Navalny’s allegations of corruption made him a threat to Putin. Here are some of his most damning claims.
In a country where almost all dissent has been stamped out, Alexei Navalny shone an unrelenting spotlight on corruption, making…
Trump would not reappoint Powell as Fed chief
(Reuters) - Former President Donald Trump said he would not reappoint Federal Reserve Chair Jerome Powell if Trump wins this…
Trump’s $399 sneakers are already being listed for up to $45,000 on eBay, but can they hold their value?
Former president and 2024 Republican contender Donald Trump may potentially be in the hole for $355 million after losing his…