Browsing: Economy

OTTAWA (Reuters) – Canadian retail sales fell by 0.1% in August from July and look set to stay flat in September, Statistics Canada said on Friday,…

A Federal Reserve survey of financial stability risks released Friday showed growing concerns of persistent inflation and the potential for real estate losses. Inflation and real…

By Jamie McGeever ORLANDO, Florida (Reuters) – The 2024 consensus world economic and market view is shaping up to be a repeat of this year’s: weaker…

The numbers: The federal budget deficit for fiscal year 2023 was $1.7 trillion, up $320 billion, or 23%, from a year ago, as the government’s revenues…

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended sharply lower for the day and week on Friday as investors worried about more interest rate…

The Reserve Bank of India (RBI) is poised to maintain its repo rates for an extended period due to a drop in core inflation and elevated…

The Federal Reserve may not cut interest rates until late 2024, Atlanta Fed President Raphael Bostic said Friday. In an interview on CNBC, Bostic was asked…

By David Dolan and Kanjyik Ghosh TOKYO (Reuters) -Drugmaker Merck will pay Daiichi Sankyo $5.5 billion to jointly develop three of its candidate cancer drugs, they…

President Joe Biden on Friday asked Congress for about $14 billion to support Israel as it battles Hamas, and requested more than $61 billion to aid…

By Kanishka Singh and Jonathan Landay WASHINGTON (Reuters) -The United States on Friday imposed sanctions on family members and the wider business network of Bosnian Serb…