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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U.S. durable-goods orders rebound in November by most since July 2020
The numbers: Orders for durable goods rose 5.4% in November, the U.S. government said Friday. This is the largest gain…
US, Mexico agree to strengthen efforts to curb record migration
MEXICO CITY (Reuters) - Mexican and U.S. officials have agreed to work together more closely to tackle record migration at…
Consumer sentiment finishes 2023 on high note as inflation wanes
The numbers: Consumer sentiment finished 2023 at a five-month high, perhaps a good sign for the economy as a new…
Take Five: A quiet start to 2024? No way
LONDON (Reuters) - There's not much time to get over the New Year's partying: the most closely watched U.S. economic…
U.S. new-home sales plunge in November
The numbers: Sales of newly built homes in the U.S. plunged in November as elevated mortgage rates took their toll…
Futures rise, Nvidia’s new chip, Boeing – what’s moving markets
Investing.com -- Wall Street looks set to end the year on a positive note, as traders await next week’s crucial…
Treasury yields end at lowest levels in five months or more as U.K. inflation decelerates
Government-bond yields in the U.S. and the U.K. finished lower on Wednesday after the latest inflation report from Britain fueled…
Explainer-What is in Javier Milei’s sweeping Argentina reform bill?
By Lucinda Elliott and Jorgelina do Rosario (Reuters) - Argentine President Javier Milei has sent a reform bill to Congress…
Pace of Japan’s consumer inflation slowed in November
TOKYO — Japan’s overall consumer prices rose 2.8% from a year earlier in November, government data showed Friday. That was…
New York Fed: Inflows to reverse repo facility surge, hitting $1.018 trillion
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve Bank of New York said on Friday it accepted…
Treasury yields end mostly higher after subdued U.S. inflation reading in holiday-shortened session
Yields on U.S. Treasurys finished mixed during Friday’s preholiday shortened session after data showed inflation continuing to slow in November…
Colombia’s Petro floats possible changes to tax reform
BOGOTA (Reuters) - Colombia's President Gustavo Petro on Friday proposed making changes to a tax reform that entered into effect…
U.S. inflation falls by more than expected in November, bolsters case for lower interest rates from the Fed
The U.S. inflation rate, based on the Federal Reserve’s preferred personal consumption expenditure index, fell in November for the first…
Colombia to hike minimum wage by 12% in 2024
BOGOTA(Reuters) - Colombia's minimum wage will increase by 12% in 2024, Labor Minister Gloria Ines Ramirez said on Friday, taking…
Opinion: With inflation staying higher for longer, stocks are best for your retirement savings
We have many reasons to believe U.S. inflation will remain elevated for several more years, and stocks may be your…
Xi says China to consolidate and enhance economic recovery in 2024
BEIJING (Reuters) - President Xi Jinping said on Sunday that China will consolidate and enhance the positive trend of its…
Why the 60/40 portfolio is poised to make a comeback in 2024
Speculation that the 60/40 portfolio may have outlived its usefulness has been rife on Wall Street after two years of…
Brazil unveils tax benefits for firms to boost investments
SAO PAULO (Reuters) - Brazil's Vice President Geraldo Alckmin on Sunday unveiled government measures aimed at providing companies with tax…