Browsing: Economy

By Winni Zhou and Rae Wee SHANGHAI/SINGAPORE (Reuters) -China’s consumers and companies are tying up trillions of yuan in longer-dated deposits with banks, effectively taking a…

By Katherine Masters NEW YORK (Reuters) – The meteoric rise of shopping platforms selling Chinese-made goods, including Shein and Temu, has been fueled by a decades-old…

America’s workforce is in the midst of a generational transition as baby boomers near retirement and financial advisers need to plan ahead for the sake of…

(Reuters) – Global money market funds attracted massive inflows in the week to Aug. 2 as investors sought safer assets amid a U.S. credit downgrade and…

(Reuters) – U.S. money market funds saw robust demand in the seven days to Aug. 2 as investors favoured safer assets on concerns over a U.S.…

By Jorgelina do Rosario and Libby George LONDON (Reuters) – Countries around the world are battling heatwaves and floods fuelled by El Nino, a naturally occurring…

The Social Security COLA for 2024 is likely to be just as high as it was in prior years. It’s important to point this out in…

(Reuters) – Argentina’s government on Friday agreed with Qatar a $775 million loan to use to make an International Monetary Fund (IMF) repayment due this Friday.…

Early next week President Joe Biden is expected to issue his much-anticipated executive order that would limit U.S. investments in China if they involve sensitive technologies,…

By Timothy Aeppel (Reuters) – When storms hammered California’s farms last winter, Kevin Kelly knew his small factory outside San Francisco would soon see demand wilt…