Browsing: Economy

Inflation cooled sharply in June for the second straight month, but some parts of the country are seeing steeper price declines than others.  The consumer price…

SYDNEY (Reuters) – The Reserve Bank of Australia (RBA) has announced changes to how it formulates and announces interest rate decisions, following an independent review into…

The ICE U.S. Dollar Index fell through important chart support Tuesday, sending a message that further losses may be looming. The index DXY, -0.73%, which tracks…

By Byron Kaye SYDNEY (Reuters) -Two top Australian banks said the number of home loan customers missing repayments remained below pre-COVID levels as a spike in…

Don’t get too giddy if the S&P 500 index market eclipses the 4,500 mark, because a U.S. recession still looks likely, according to John Canavan, lead…

By Valentina Za, Giuseppe Fonte and Gavin Jones ROME/MILAN (Reuters) – Italy’s hopes of transforming its economy with billions of euros of European Union pandemic recovery…

Where is inflation hurting Americans the most? Try the areas around Tampa Bay, Miami, San Diego and Denver. People living in these fast-growing metro regions face…

By Stella Qiu SYDNEY (Reuters) -Australia’s top central banker said on Wednesday he is confident higher interest rates are working to cool inflation but it is…

Securities and Exchange Commission Chair Gary Gensler has no plans to recuse himself from decisions related to cryptocurrencies, despite accusations of bias from the industry. “I…

PARIS (Reuters) -With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for at least another year as a…