Browsing: Economy

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment deteriorated in October, with households expecting higher inflation over the next year, but labor market strength was…

By Jaiveer Shekhawat (Reuters) -PNC Financial Services Group said on Friday it is cutting about 4% of its workforce and reported a drop in third-quarter profit,…

By Leika Kihara MARRAKECH, Morocco (Reuters) – Hiroshi Wanatabe, Japan’s former top currency diplomat, recalls how Chinese policymakers eagerly studied ways to avert a Japan-style burst…

The European Central Bank (ECB) could potentially increase rates in the upcoming policy decision on October 26, according to Klaas Knot, a member of the ECB…

Daniel Pinto, the president of JP Morgan Chase (NYSE:) & Co., expressed concerns about the vulnerability of the robust U.S. economy to political and economic risks…

President Joe Biden said Sunday the U.S. is doing “everything in its power” to find 14 Americans being held hostage by Hamas in the Gaza Strip.…

By Manya Saini and Tatiana Bautzer NEW YORK (Reuters) -Citigroup’s third-quarter profit beat estimates on Friday as it benefited from a surge in trading revenue, investment…

Tiff Macklem, Governor of the Bank of Canada, addressed potential future interest rate hikes amidst geopolitical instability and persistent inflation at the International Monetary Fund meetings…

WASHINGTON (Reuters) – Senate Majority Leader Chuck Schumer and a bipartisan group of U.S. lawmakers will travel to Israel this weekend to meet with its new…

By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen told Reuters on Friday that she still believes U.S. shelter inflation will…