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

News Room News Room 6 Min Read

Your best advisor to finance and money management.

Explaining Finance is your one-stop website for the latest news, updates, and tips about finance.

Latest News

German inflation slows to lowest since Ukraine invasion

Inflation in Germany slowed in September to the lowest since Russia invaded Ukraine, the country’s statistics office said Thursday. The

News Room News Room

Hardline shutdown push of the few frustrates US House Republicans

By David Morgan WASHINGTON (Reuters) - A small group of hardline Republicans in the U.S. House of Representatives have set

News Room News Room

Jobless claims stay extremely low at 204,000. No sign of rising U.S. unemployment.

The numbers: The number of Americans who applied for unemployment benefits rose slightly last week to 204,000, but layoffs remained

News Room News Room

Got to have it: The dangers of social media impulse buying

By Chris Taylor NEW YORK (Reuters) - If you really want to get Monica Dwyer’s attention, just show her a

News Room News Room

Two new inflation reports were just released. The Fed is watching.

Buried in the gross domestic product report released Thursday were two new measures of inflation — and they both seem

News Room News Room

China Eastern Airlines to buy 100 C919 planes, aircraft’s largest ever order

By Sophie Yu and Brenda Goh BEIJING (Reuters) -China Eastern Airlines said on Thursday it will buy another 100 C919

News Room News Room

U.S. economy grew 2.1% in second quarter, GDP shows. Third quarter may be even stronger.

The numbers: The U.S. economy grew at a solid 2.1% annual pace in the second quarter, revised figures show, but

News Room News Room

Who is Caroline Ellison, a key witness set to testify against Sam Bankman-Fried?

By Luc Cohen NEW YORK (Reuters) - In 2018, a bespectacled Stanford graduate named Caroline Ellison decided to leave her

News Room News Room

Elizabeth Warren, Bernie Sanders urge FTC’s Khan to finalize controversial merger rules

A group of Democrats in the House and Senate are imploring the country’s top antitrust enforcement cop to implement sweeping

News Room News Room

Sri Lanka’s IMF funding delayed due to unmet economic reform targets

Sri Lanka's agreement with the International Monetary Fund (IMF) for the next tranche of funds under a $3 billion lending

News Room News Room

Marketmind: Oil spike delivers coup de grace to dire Q3

A look at the day ahead in U.S. and global markets by Mike Dolan A price spike to the highest

News Room News Room

Opinion: Religion is mixing with business and raising workplace questions for employers

The relationship between religion and business in the United States has moved into a decisive new phase. Not long ago

News Room News Room

GameStop names billionaire Ryan Cohen as CEO in turnaround push

(Reuters) -GameStop on Thursday named billionaire Ryan Cohen as its CEO and chairman on Thursday, tightening the activist investor's grip

News Room News Room

Futures decline as soaring oil prices deepen inflation woes

(Reuters) - U.S. stock index futures slipped on Thursday as soaring oil prices cemented the prospects for a prolonged restrictive

News Room News Room

Mexican goods worth $1 billion stuck at US border amid migration checks

By Jose Gonzalez and Laura Gottesdiener CIUDAD JUAREZ (Reuters) -Trade across the U.S.-Mexican border has been slowed over the past

News Room News Room

Singapore’s central bank looking into banks’ role in $1.8 billion money laundering case

By Yantoultra Ngui SINGAPORE (Reuters) - Singapore's central bank said on Tuesday it was looking into whether banks involved in

News Room News Room

Bank of England to leave rates on hold through mid-2024, cut in Q3: Reuters poll

By Shaloo Shrivastava BENGALURU (Reuters) - The Bank of England has concluded its tightening cycle and will likely keep the

News Room News Room

Gas tax a target at Republican debate. Here’s what you’re paying now.

Republican presidential candidate Nikki Haley said at Wednesday night’s GOP debate that she wants to eliminate gasoline taxes. What would

News Room News Room