Browsing: Economy

(Reuters) – The Federal Reserve will meet Oct. 24 to discuss final rules updating requirements for fair lending by banks under a long-standing law, the central…

Renowned as the “startup nation”, Israel’s vibrant technological ecosystem stands as a testament to its innovative spirit and resilience. This tech hub, often likened to Silicon…

By Eliana Raszewski and Lucila Sigal BUENOS AIRES (Reuters) – Argentine conservative Patricia Bullrich, who many pegged just months ago as favorite to win the country’s…

Rep. Jim Jordan ran into more trouble Wednesday in his bid to become the next speaker of the U.S. House of Representatives, with the number of…

The International Monetary Fund (IMF) has raised concerns over Nigeria’s increasing debt-to-GDP ratio, according to its recent report ‘Africa: Special Issue: In Pursuit of Stronger Growth…

The Bank of Canada’s series of interest rate hikes, initiated to combat inflation, may be reaching its end as recent data shows a drop in inflation…

With the release of the September CPI-W inflation number, the Social Security Administration announced that the COLA for 2024 will be 3.2% (see Figure 1). The…

NEW YORK (Reuters) – Hedge funds bought U.S. stocks in all sectors last week, but mainly in financials, Bank of America said in a report on…

With the advent of generative artificial intelligence, AI-industry leaders have been candidly expressing their concerns about the power of the machine learning systems they are unleashing.…

By Luc Cohen NEW YORK (Reuters) -FTX founder Sam Bankman-Fried’s lawyer on Tuesday said the now-bankrupt cryptocurrency exchange’s investments were not “reckless and frivolous,” pushing back…