Browsing: Economy

The Reserve Bank of India (RBI) has taken decisive action by superseding the board of Abhyudaya Co-operative Bank Ltd. today, citing concerns over its governance standards.…

Mortgage rates fell for the third week in a row on the back of early signs that inflation is slowing. The 30-year fixed-rate mortgage averaged 7.44%…

By Nqobile Dludla JOHANNESBURG (Reuters) – Johannesburg’s Mall of Africa was buzzing on Friday with bargain hunters pushing trolleys laden with groceries such as cooking oil,…

Economists have been talking about the possibility of a stabilization in the factory sector. Stan Honda/AFP via Getty Images The numbers: The Philadelphia Fed said Thursday…

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against a basket of currencies on Friday on news of steady U.S. business activity in November,…

The numbers: Construction of new homes rose 1.9% in October, as builders amped up new projects. The pace of construction increased as builders saw a pressing…

(Reuters) – Nations at U.N.-led talks agreed on Friday an interim 2030 goal for reducing emissions from international aviation through the use of sustainable aviation fuel,…

The numbers: The cost of imported goods fell 0.8% in October and reversed some of the increase in the prior two months as oil prices declined. Economists…

BRASILIA (Reuters) – Home working in Brazil may be relieving wage pressure in an otherwise buoyant labor market, a study signed by top central bank officials…

After watching prices soar since last year, Americans and their whiplashed wallets could see things go in a new direction — prices could actually drop.Discounts and…