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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Argentina’s Bullrich rules out borrowing more from IMF if victorious
By Lucila Sigal and Eliana Raszewski BUENOS AIRES (Reuters) -Argentina's next government would not ask the International Monetary Fund (IMF)…
Australia Aug retail sales post tepid rise, add to rate pause case
By Stella Qiu SYDNEY (Reuters) - Australian retail sales rose modestly in August as consumers continued to cut back on…
S&P 500 heads for 4th straight week of losses as U.S. stocks mostly fall Friday
U.S. stocks were trading mostly lower on Friday afternoon, as investors weighed the latest data from the Federal Reserve’s preferred…
Impending US government shutdown probability at 90%, warns GS
Goldman Sachs (GS) has issued a warning about the high likelihood of an impending US government shutdown, with a predicted…
Inflation speeds up due to higher gas prices, PCE finds. But there’s good news, too.
The numbers: The cost of goods and services rose a sharp 0.4% in August — the biggest increase in seven…
Japan Finance Minister Suzuki reiterates warning against excessive FX volatility
By Tetsushi Kajimoto TOKYO (Reuters) - Japan won't rule out any options to deal with excessive currency volatility, Finance Minister…
U.S. trade deficit in goods shrinks 7.3% — and might give small lift to GDP
The numbers: The nation’s trade deficit in goods dropped 7.3% in August to $84.3 billion, reflecting in part a decline in…
Australia job vacancies tumble from record levels in latest quarter
By Stella Qiu SYDNEY (Reuters) - Job vacancies in Australia slid from record levels in the three months to August,…
Dianne Feinstein dies: Here’s how her Senate replacement will be chosen
Sen. Dianne Feinstein passed away at the age of 90 late Thursday night, according to a statement by her chief…
German Chancellor says economy is facing cyclical downturn- Wirtschaftswoche
BERLIN (Reuters) - The cyclical weakness of the German economy shouldn't be perceived as a structural problem, German Chancellor Olaf…
Chicago business activity index falls in September
The Chicago Business Barometer, also known as the Chicago PMI, registered at 44.1 in September, its first decline in three…
House, Senate standoff raises chances of US government shutdown
By Moira Warburton and David Morgan WASHINGTON (Reuters) - Republican U.S. House Speaker Kevin McCarthy on Wednesday rejected a stopgap…
Consumer spending rises, but it’s not all great. Higher gas prices play a role.
The numbers: Consumer spending rose a seemingly solid 0.4% in August, but the increase was exaggerated by higher gas prices…
Market mind: Dollar glimmers in broad market gloom
A look at the day ahead in European and global markets from Tom Westbrook German and Spanish inflation data and…
French government rams long-term budget bill through parliament
PARIS (Reuters) - The French government rammed a long-term public finance bill through parliament without a vote, in a bid…
Opinion: American-style capitalism doesn’t exist in France, guaranteeing low economic growth
People seldom think of Paris as an industrial city. There is too much about France’s capital that is focused on…
When is success not success? When Fed gets inflation down to 2.5%: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -If signals from the U.S. bond market prove accurate, the Fed will be successful…
Australian treasurer pushes back against criticism over RBA reform
SYDNEY (Reuters) - Australian Treasurer Jim Chalmers said on Thursday criticism of proposed reforms to the central bank's policymaking board…