Browsing: Economy
The numbers: Sales at U.S. retailers jumped a bigger-than-expected 0.7% in September in a sign households have enough buying power to keep the economy expanding. The…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – U.S. equity options traders remain on edge, with much of their focus on U.S. Treasuries even as Middle…
““The modern world has not freed itself from distance and geography; it still relies on a network of vulnerable physical links”” — Deutsche Bank strategists The…
The U.S. economy may be softer than the data suggest and this weakness may be helping to moderate inflation pressure, said Richmond Fed President Tom Barkin…
By Jorgelina do Rosario, Rodrigo Campos and Ank Kuipers MARRAKECH, Morocco (Reuters) -Suriname received a counter to its proposal to China regarding bilateral debt negotiations, Suriname’s…
By Michael S. Derby NEW YORK (Reuters) -Philadelphia Federal Reserve President Patrick Harker said on Friday he believes the U.S. central bank is likely done with…
By Stuart Condie SYDNEY–The Reserve Bank of Australia continues to warn that further interest-rate increases may be needed if it sees signs that inflation isn’t under…
By John Kemp LONDON (Reuters) – U.S. service-sector businesses returned to steady expansion in the third quarter after a brief and scarcely perceptible slowdown in the…
“‘Funflation, Taylor Swift … those experiences are really where people are willing to pay.’” That was Best Buy BBY, +1.83% CEO Corie Barry blaming the electronics…
Gita Gopinath, the first deputy managing director of the International Monetary Fund (IMF), expressed concerns about future global economic growth during the IMF’s annual meetings in…