Browsing: Economy

By Chris Prentice and Naomi Rovnick NEW YORK/LONDON (Reuters) -Major Wall Street indexes notched weekly gains on Friday, as global equities drifted toward their biggest one-month…

The numbers: The leading economic index declined 0.8% in October and fell for the 19th month in a row, but the U.S. economy doesn’t appear any closer…

In a recent discussion with British Prime Minister Rishi Sunak, tech billionaire Elon Musk prophesied that there “will come a point where no job is needed,” owing to advances…

The International Monetary Fund (IMF) and the Asian Development Bank (ADB) have expressed concerns over the delay in the evaluation of Pakistan’s loss-making state-owned enterprises (SOEs),…

The Consumer Financial Protection Bureau ordered Toyota’s U.S.-based auto-financing subsidiary to pay $60 million to harmed consumers for illegally blocking customers from canceling insurance products that…

Norway’s core inflation rate rose to 6% in October, according to data released by the country’s statistics office. This unexpected surge aligns with the central bank’s…

In recent years, a wide variety of businesses have turned “junk fees” into a common scourge for consumers. These charges, such as “resort fees,” “convenience fees”…

LONDON (Reuters) – Global investors continued to pour money into cash funds in the week to Wednesday, as higher yields on short-dated debt put cash funds…

President Joe Biden on Monday added to expectations that a deal is close that would result in the release of some hostages in Gaza, as he…

The World Bank has approved a $150 million aid package to strengthen Sri Lanka’s financial sector, following a severe economic crisis that began in 2022. The…