Browsing: Economy

The numbers: The leading economic index dropped 0.7% in June, falling for the 15th month in a row, a recession signal if there ever was one. But…

By Gleb Stolyarov and Alexander Marrow (Reuters) – The Western automakers that dominated Russia’s car market left following Moscow’s invasion of Ukraine, leaving a slumping production…

The U.K. government on Thursday said it would keep what’s called the sovereign grant to the monarchy flat. The royals will get 86.3 million pounds ($111…

SEOUL (Reuters) – South Korea’s financial market watchdog gathered local securities firms on Thursday to assess real estate-related risks and urged for thorough and preemptive preparation…

The U.K government will make it harder for banks to close accounts after a dispute between the former leader of the U.K. Independence Party and a…

By Chris Helgren and Steve Scherer VANCOUVER (Reuters) – Dock workers on Canada’s Pacific coast said they have revoked a strike notice issued for Saturday, after…

Americans are running out of savings. Christophe Barraud, chief economist and strategist of Market Securities and someone who regularly appears among the ranks of the top…

Investing.com — The People’s Bank of China held its benchmark lending rate steady on Thursday as expected, although focus remained on any future cuts as an…

Former Federal Reserve Chairman Ben Bernanke on Thursday said it was clear that the Fed will raise interest rates next week but after that the outlook…

SHANGHAI/SINGAPORE (Reuters) -China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a key policy rate earlier this week even as…