Browsing: Economy

SHANGHAI/SINGAPORE (Reuters) -China cut its one-year benchmark lending rate on Monday as authorities seek to ramp up efforts to stimulate credit demand, but surprised markets by…

Economists don’t much like presidential-campaign seasons. For them, it’s a bit like seeing their manicured gardens getting trampled by schoolchildren having a water-balloon fight. Robert Brusca,…

By Nelson Acosta and Anett Rios HAVANA (Reuters) – When Cuba in early August announced it was taking a major step towards electronic banking and a…

Republican presidential candidates taking the debate stage Wednesday night have questioned the severity of climate change, with at least one White House contender calling global warming…

ISTANBUL (Reuters) – Turkey’s central bank is expected to raise its policy rate to 20% this week, a Reuters poll showed on Monday, though some economists…

By David Shepardson (Reuters) – Montana’s attorney general asked a U.S. judge to uphold a first-of-its kind state ban on the use of short video sharing…

The numbers: Higher mortgage rates and a persistent shortage of homes for sale pushed U.S. home sales down in July to a six-month low. Sales of…

By David Morgan WASHINGTON (Reuters) -A feud over spending cuts between hardline and centrist Republicans in the U.S. House of Representatives raises the risk that the…

Leaders of the so-called BRICS grouping this week are meeting in South Africa in an attempt to create an alternative order to the one where the…

GENEVA (Reuters) – Generative AI probably will not take over most people’s jobs entirely but will instead automate a portion of their duties, freeing them up…