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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Fed officials flag further hikes even after holding steady
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -U.S. Federal Reserve officials warned on Friday of further rate hikes even…
Fed likely to implement further rate hikes due to persistent inflation: Bowman
The U.S. Federal Reserve is contemplating additional interest rate hikes this year in response to persistent inflation, according to Governor…
Gary Cohn voices concern over Federal Reserve’s monetary policy impact on banks – Bloomberg
Gary Cohn, former president of Goldman Sachs Group Inc (NYSE:). and current vice chairman at International Business Machines Corp. (NYSE:),…
U.S., China establish economic dialogue framework to ease tensions
In an effort to alleviate economic and geopolitical tensions, the United States and China have formed a new framework for…
Dollar up as data highlights US economic resilience; yen slumps
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar advanced against a basket of currencies on Friday as the…
Cardoso steps in as acting Central Bank of Nigeria governor amid forex crisis
The Central Bank of Nigeria (CBN) is undergoing a leadership change as Dr. Olayemi Cardoso has assumed office as the…
Real estate stocks extend losses as rates soar
By Sinéad Carew (Reuters) - Shares in real estate companies fell on Friday, adding to a massive sell-off the previous…
Fed-wary investors eye mounting risks to US stock rally
By David Randall NEW YORK (Reuters) - A hawkish stance from the Federal Reserve, soaring Treasury yields and a looming…
Yields slip, stocks slide as Fed officials warn of higher rates
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) -Treasury prices rebounded but a gauge of global equities fell on…
Bowman says Fed needs to raise interest rates higher to curb inflation
Federal Reserve Gov. Michelle Bowman said it “will likely be appropriate” to raise interest rates further “because inflation is still…
US Supreme Court’s Thomas attended Koch network donor events -ProPublica
WASHINGTON (Reuters) -U.S. Supreme Court Justice Clarence Thomas attended at least two events for the conservative Koch network of donors…
State of corruption: from Bridgegate to gold bars, Menendez joins long list of NJ political scandals
The criminal allegations against New Jersey Sen. Robert Menendez are eye-popping on their own, but they come as part of…
UAW strike spreads to more GM, Stellantis facilities, Ford spared amid progress in talks
The United Auto Workers (UAW) union on Friday broadened its strike against General Motors and Stellantis citing a lack of…
Musk’s Neuralink to start human trial of brain implant for paralysis patients
(Reuters) -Billionaire entrepreneur Elon Musk's brain-chip startup Neuralink said on Tuesday it has received approval from an independent review board…
GOP debate: What time it starts, who’ll be on stage
The second debate of the Republican presidential primary of the 2024 election is set for Wednesday night, with at least…
Us Economy Expands While Job Growth Decelerates, Inflation Remains High
The US economy is currently undergoing a strong expansion, however, the job growth rate has been slowing down in recent…
Goldman to pay $6 million penalty to SEC over recordkeeping violations
Goldman Sachs GS, -0.51% will pay the Securities and Exchange Commission $6 million to resolve charges that the investment bank…
Colombia finance minister to insist central bank start cutting rates
BOGOTA (Reuters) - Colombian Finance Minister Ricardo Bonilla, who is also a director of the country's central bank, said on…