Browsing: Economy

By Davide Barbuscia NEW YORK (Reuters) – A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet,…

By David Shepardson (Reuters) -New Jersey sued the Biden administration on Friday seeking to block New York City’s plan to impose tolls on vehicles in Manhattan…

The numbers: The U.S. economy grew in July at the slowest pace in five months, a S&P surveys showed, and pointed to weaker conditions later in…

Invesitng.com — Bank deposits fell, but lending inched higher in the week ended July 12, the latest data from the Fed showed. Deposits at large U.S.…

By Steve Scherer OTTAWA (Reuters) -Leaders of a dock workers union in Canada’s Pacific region on Friday backed a tentative contract deal with employers and will…

By Kate Abnett and Valerie Volcovici BRUSSELS/BEIJING (Reuters) – Record-breaking heat in China. Wildfires forcing Swiss villages to evacuate. Drought ravaging Spanish crops. As the costs…

By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5%…

MILAN (Reuters) – The European Central Bank (ECB) will ask banks to provide weekly liquidity data from September so that it can carry out more frequent…

By Rachel Nostrant and Julia Harte (Reuters) – Matthew Keith bought his first Barbie dolls in the 1970s using his allowance money, hiding them from his…

The unsuccessful effort to launch a highly-automated factory for Craftsman tools in the U.S. underscores the challenges American businesses face in bringing manufacturing back from overseas.…