Browsing: Economy

DAKAR (Reuters) – The International Monetary Fund and Gambian authorities have reached a staff-level agreement on a new three-year support package of around $100 million, the…

The October jobs report on Friday showed the U.S. economy gained 150,000 positions last month, with the unemployment rate edging up to 3.9% from 3.8%. Economists…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chairman Jerome Powell said Wednesday that market borrowing costs would need to be sustainably higher for…

Yes, it will soon be time to fall back: Daylight-saving time ends at 2 a.m. on Sunday, Nov. 5. That means 2 a.m. becomes 1 a.m.,…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank is not thinking about lowering rates…

The numbers:  An ISM barometer of U.S. business conditions at service-oriented companies such as retailers and restaurants slowed in October to five-month low of 51.8%, suggesting the…

By Yasin Ebrahim Investing.com — The Federal Reserve kept rates steady on Wednesday as the central bank continued its cautious monetary policy approach, though stopped short…

The October employment report showed a “gradual lessening” of the job market that would be welcome by those who want the Federal Reserve to stop raising…

(Reuters) -Lloyds, Britain’s biggest mortgage lender, is exploring the sale of some assets from its pension provider Scottish Widows worth 6 billion pounds ($7.3 billion), Bloomberg…

The numbers: The U.S. added a modest 150,000 new jobs in October in a sign of a cooling demand for labor, as higher interest rates take…