Browsing: Economy

By Nell Mackenzie LONDON (Reuters) -Odey Asset Management has suspended further funds after increased investor redemptions, letters posted on the fund’s website showed. The hedge fund,…

(Bloomberg) — US short-term inflation expectations fell in early June to a more than two-year low, helping drive consumer sentiment higher. Americans expect prices will climb…

By Michael S. Derby NEW YORK (Reuters) – The New York Fed’s in-house economic forecasting model is predicting a notably brighter economic future for the U.S.…

By Simon Johnson, John O’Donnell and Marie Mannes STOCKHOLM/FRANKFURT (Reuters) -Sweden’s government is ready to step in to stem the fallout from a property rout if…

MEXICO CITY (Reuters) -Mexican Interior Minister Adan Augusto Lopez has resigned from his post to compete for the ruling party’s candidacy in next year’s presidential elections,…

By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) – Brazil’s central bank is set to keep its key interest rate unchanged on Wednesday…

By Howard Schneider (Reuters) -Inflation in key parts of the U.S. service industry “remains elevated and has not shown signs of easing,” the U.S. Federal Reserve…

By Francesco Canepa and Balazs Koranyi FRANKFURT (Reuters) – The European Central Bank risks losing sight of corporate profits as a driver of inflation – or…

The flagship store AT&T operates in San Francisco will soon close. Come the beginning of August, residents of the northern California city will see the store,…

By Pete Schroeder WASHINGTON (Reuters) – The U.S. Senate Banking Committee will consider a bill Wednesday that would allow regulators to claw back compensation for executives…