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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Ghana to hold rates at 30.00% on Sept.25 as inflation falls – Reuters poll
By Vuyani Ndaba JOHANNESBURG (Reuters) - The Bank of Ghana is expected to complete its hiking cycle later on Monday…
Cassidy Hutchinson tells Republicans to move past former President Donald Trump
“‘It’s the make-or-break moment for the Republican party.’” That’s one-time White House aide Cassidy Hutchinson, speaking Monday night on MSNBC’s…
Global investment funds target India, despite M&A activity decline
Despite a significant decline in mergers and acquisitions (M&A) activity, India continues to attract a substantial portion of the global…
Consumer confidence stumbles to four-month low. U.S. recession worries growing?
The numbers: A survey of consumer confidence fell to a four-month low of 103.0 in September, reflecting angst about rising…
Analysis-UK’s fossil fuel car ban delay may only stall investment
By Nick Carey and Alistair Smout LONDON (Reuters) - Britain's decision to delay a ban on new fossil fuel car…
Housing migrants in NYC hotels will cost $1.4 billion through 2026
New York City will spend $1.365 billion to house migrants in the next three years, according to a new report.…
Hawkish Fed unwittingly stokes Treasuries ‘basis trade’ risks: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) -The Federal Reserve's hawkish stance on interest rates, and determination to reduce its balance…
Investor focus on India’s market potential intensifies
Investors have approximately $2 trillion available for investment, with a significant portion, between $100 billion to $150 billion, earmarked for…
Republican presidential debate: Candidates could win with a clear economic message about the ‘crisis among working people’
When asked about Wednesday night’s Republican debate, UCLA expert Lynn Vavreck says she’s been reflecting on the stagflation that helped…
Singapore’s core inflation dips to 3.4% in August, easing monetary policy pressure
The Monetary Authority of Singapore (MAS) reported on Monday that the country's core inflation rate for August fell to 3.4%,…
Opinion: India, Vietnam and Mexico are picking up the pieces of China’s broken economy
China’s two-decade growth surge prior to COVID was greatly aided by three forces — the liberalization of land development, accelerated urbanization and…
Take Five: An inflationary dilemma
(Reuters) -The moment investors have been waiting for seems to finally have arrived, as major central banks have indicated they…
Potential U.S. government shutdown looms as October 1 deadline nears
The U.S. federal government could face a shutdown on October 1, if politicians fail to reach a budget agreement. This…
Payday lenders want Supreme Court to gut the CFPB. They paid $200 million in fines to regulators, records show.
The Supreme Court will hear oral arguments next Tuesday in a case that could reshape the U.S. regulatory state, after…
Bank of Japan governor advocates for patient monetary easing amid inflation
The Governor of the Bank of Japan (BOJ), Ueda, emphasized on Monday the importance of a patient approach to maintaining…
Bank of Japan maintains steady monetary easing amidst economic uncertainty
The Deputy Governor of the Bank of Japan, Uchida, reiterated on Monday the central bank's commitment to maintain a steady…
Jamie Dimon on interest rates: ‘I am not sure the world is prepared for 7%’
“ Going from zero to 2% was almost no increase. Going from zero to 5% caught some people off guard,…
ECB needs to be cautious about doing too much on rates – Villeroy
PARIS (Reuters) - The European Central Bank has reached the point where it needs to be wary of raising interest…