Browsing: Economy

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…

Rep. Jim Jordan made progress Monday in his push to become the next speaker of the House of Representatives, winning endorsements from some fellow Republicans who…

The International Monetary Fund (IMF) expressed concerns on Friday about the potential impact of China’s economic slowdown on sub-Saharan Africa, particularly among oil-exporting nations. The IMF…

In a recent video conference from Marrakesh, Morocco, Bank of Canada Governor Tiff Macklem indicated that higher bond yields would not replace the bank’s interest-rate policies…

The numbers: The New York Fed’s Empire State business-conditions index, a gauge of manufacturing activity in the state, edged down 6.5 points in October to negative…

KUALA LUMPUR (Reuters) – Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia, a spokesperson said, after its government…

The recent slowdown in inflation is a trend and not a “one-month blip,” Chicago Fed President Austan Goolsbee said Monday. In an interview with the Financial…

By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat expectations for third-quarter profit on Friday as rising borrowing costs and its acquisition of failed First…