Browsing: Economy

(Reuters) – U.S. officials “frankly raised areas of disagreement” with China at the first meeting of a new financial working group, where financial stability, supervision and…

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada (BoC) on Wednesday held its key overnight rate at a 22-year high of 5.0%…

The numbers: Consumer sentiment improved slightly at the end of October, but higher gas prices left people more worried about inflation. The final reading of the…

By David Ljunggren and Nivedita Balu OTTAWA (Reuters) -Canada’s central bank on Wednesday highlighted stress building in customers with auto loans, while saying mortgage owners largely…

Businesses, governments and investors were already navigating a foggy global landscape before the tragic events unfolding in the Middle East. But the horrible conflict between Hamas…

(Reuters) – The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking its seventh straight weekly…

The Treasury Department announced new sanctions Friday against Hamas in the wake of its attack on Israel earlier this month. The Biden administration’s sanctions target more…

MEXICO CITY (Reuters) – Mexico’s economy, the second biggest in Latin America, could expand by 3.5% or more this year, a senior finance ministry official said…

The S&P 500 index is on pace to close in correction territory on Friday, its 103th time in history if confirmed. The gauge of large-cap U.S.…

By Aditya Soni and Krystal Hu (Reuters) -Alphabet shares slumped on Wednesday after its cloud unit’s growth fell to near a three-year low, paling in comparison…