Browsing: Economy

WASHINGTON (Reuters) -U.S. President Joe Biden’s administration will cancel $39 billion in student debt for more than 804,000 borrowers, the Education Department said on Friday, describing…

By Karen Freifeld and Andrea Shalal (Reuters) – Two U.S. senators are pursuing a legislative plan to track U.S. investments in China, as the White House…

San Francisco, California-based tech CEO Mark Benioff says the city will never go back to the way it was before the pandemic, advising city officials to…

SYDNEY (Reuters) – Australian Treasurer Jim Chalmers expressed optimism on Saturday about progress on a long-awaited overhaul of global corporate taxation at a meeting of Group…

By Deborah Kyvrikosaios and Liliana Salgado ATHENS/PHOENIX (Reuters) – Greece closed the ancient Acropolis during the hottest part of the day on Friday to protect tourists…

BEIJING (Reuters) – A flurry of economic data from China on Monday is expected to show its post-pandemic bounce is quickly fizzling out, raising expectations that…

As U.S. inflation continues to cool, stocks are riding a wave of optimism.During the past week, the S&P 500 SPX, -0.10% climbed above 4,500 for the…

SYDNEY (Reuters) – Australian Treasurer Jim Chalmers said on Sunday that he expected the nation’s jobless rate to lift from near a 48-year low on the…

By Shivangi Acharya, Sarita Chaganti Singh and Nikunj Ohri NEW DELHI (Reuters) – India will push its Group of 20 partners at a meeting it is…

The numbers: The cost of U.S. imported goods fell 0.2% in June, the Labor Department said Friday. Import prices have fallen every month of the year…