Browsing: Economy

By Nell Mackenzie LONDON (Reuters) – The European Union said on Thursday it has reached a deal on revising its rules for managers of hedge funds…

Political pressures on the U.S. Federal Reserve and President Joe Biden’s economic agenda have delivered a painful blow — inflation still above the Fed’s 2% target,…

Investing.com — U.S. stock futures edge up ahead of the final trading day of the week, with investors looking ahead to major tech earnings and a…

What’s on our worry list? The labor market, specifically the unrest fomented by the effects of the pandemic and inflation. Labor unions have grown in might,…

TOKYO (Reuters) – Japan’s largest trade union confederation ‘Rengo’ urged companies on Friday to raise wages further to outpace inflation and help workers deal with rising…

Investing.com — The Federal Reserve’s widely-expected interest rate hike at its upcoming policy meeting next week will be “the last” of the U.S. central bank’s long-running…

(Reuters) – Morgan Stanley (NYSE:) raised U.S. economic growth forecast for the year on a strong industrial sector and more public investment in infrastructure, and expects…

(Reuters) – Russia’s central bank raised its forecast for economic growth in 2023 even as it hiked rates by 100 basis points on Friday, now envisaging…

A Singaporean passport now has the greatest “passport power” in the world. Singapore’s travel document has officially surpassed Japan — which had held the top spot…

An overwhelming majority of business economists still see a 50–50 chance the U.S. economy goes into a recession within the next year, according to a new…