Browsing: Economy

The amount of money U.S. banks borrowed from the Federal Reserve rose for the second week in a row, a sign that stress on the financial…

SAO PAULO (Reuters) -Bank of Canada Governor Tiff Macklem reiterated on Friday it is far too early to be thinking about interest rate cuts, adding that…

Widespread fraud in Massachusetts has exaggerated the recent surge in jobless claims, suggesting that a seemingly steady rise in U.S. layoffs is largely a mirage. New…

By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling…

If the economic storms get more difficult, traders and investors seem to think the Federal Reserve will be like a lifeguard and rescue all swimmers from…

By Ira Dugal MUMBAI (Reuters) – India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced…

Federal Reserve Chair Jerome Powell on Friday said his colleagues think that it will take some time to bring inflation back to the central bank’s 2%…

TOKYO (Reuters) – Group of Seven leaders on Saturday agreed to a new initiative to counter economic coercion, and pledged action to ensure that any actors…

“ To stay in business, these banks did the only thing they could. ” In the wake of the failures of Silicon Valley Bank, Signature Bank…

(Reuters) – Leaders of the Group of Seven (G7) agreed on Saturday to establish an initiative to counter economic “coercion”, pledging to take steps to ensure…