Economy News

By Howard Schneider COLUMBIA, South Carolina (Reuters) - The current level for the Federal Reserve's benchmark interest rate should cool the economy enough to return inflation to...

By Pete Schroeder WASHINGTON (Reuters) - A trio of U.S. financial regulators have resumed work on a long-delayed rule-writing project to make executive compensation plans at...

By Michael S. Derby (Reuters) - Federal Reserve Bank of New York President John Williams said Monday that at some undefined point the U.S. central bank will lower its interest...

By Nell Mackenzie LONDON (Reuters) - Investors withdrew an estimated net $9.9 billion from hedge funds in March, up from $780 million in February and the 22nd consecutive month...

By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) - Senior officials in Brazil's economic team are signaling a need to curb pension spending in order to shore up public...

By Michael S. Derby (Reuters) -Americans are once again bracing for another round of higher housing costs, amid rising expectations by renters that they'll never be able to buy a...

(Reuters) -Microsoft is training a new, in-house AI language model large enough to compete with those from Alphabet (NASDAQ:GOOGL)'s Google and OpenAI, the Information reported on...

By Rodrigo Campos NEW YORK (Reuters) - New York State lawmakers return from a two-week break on Monday with a month left to decide the fate of a controversial bill that aims to...

By Gursimran Mehar (Reuters) -China's Ping An Insurance Group Co the biggest Asian investor in HSBC PLC did not support reappointing chief executive Noel Quinn as a director to...

(Reuters) -Synopsys said on Monday it would sell its software integrity (SIG) unit to a private-equity group led by Clearlake Capital and Francisco Partners in a $2.1 billion...

By Hannah Lang (Reuters) - Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in...

(Reuters) - Fewer low-income Americans took out mortgage loans last year than 2020, real estate broker Redfin (NASDAQ:RDFN) said in a report on Monday, as steep interest rates...

By Balazs Koranyi and Francesco Canepa VILNIUS/FRANKFURT (Reuters) -The European Central Bank is growing more confident about cutting interest rates as euro zone inflation...

By Simon Johnson STOCKHOLM (Reuters) - Sweden's central bank will cut its key interest rate this week by a quarter percentage point to 3.75% and then continue to ease policy...

By Oliver Griffin BOGOTA (Reuters) - Colombia's majority state-owned energy company Ecopetrol is analyzing its potential direct participation in the Andean country's first-ever...

HONG KONG (Reuters) - Chinese provinces are urging companies to offer women flexible job roles called "Mama's Posts" that make it easier to balance work and childcare, the...

Investing.com -- U.S. stock futures point higher to begin the new trading week as many investors bring forward their projections for Federal Reserve interest rate cuts this year...

LONDON (Reuters) -Central banks in Australia, Britain and Sweden will meet this week, as markets assess how much leeway the U.S. Federal Reserve has to cut rates this year. ...

SYDNEY (Reuters) - The Organisation for Economic Co-operation and Development (OECD) said on Monday that New Zealand's monetary policy must remain restrictive until inflation is...

Investing.com-- The Reserve Bank of Australia is widely expected to keep interest rates steady on Tuesday, although investors were on guard over the bank taking up a hawkish stance...

By Michel Rose and Noemie Olive PARIS (Reuters) -President Xi Jinping lauded China's ties with France as an international model on Sunday as he arrived in Paris for a rare visit...

(Reuters) -The European Union launched an investigation into China's procurement of medical devices on Wednesday in a latest effort to protect home-grown manufacturers. It has...

By Ariba Shahid KARACHI (Reuters) - An International Monetary Fund mission is expected to visit Pakistan this month to discuss a new programme, the lender said on Sunday ahead of...

Investing.com -- This week investors will get the chance to hear from several Federal Reserve officials after Friday’s employment report showed that jobs growth moderated last...

By Ann Saphir PALO ALTO, California (Reuters) -The U.S. central bank's 2% target for inflation is key to achieving price stability and essential for ensuring economic prosperity,...

PALO ALTO, California (Reuters) - The U.S. Federal Reserve should beef up its quarterly "dot plot" of policymakers' interest-rate-path views by including the individual economic...

By Luana Maria Benedito and Gabriel Burin SAO PAULO/BUENOS AIRES (Reuters) - Economists are unusually split over the size of a likely Brazil interest rate reduction on May 8, a...

(Reuters) - Inflation should continue to decline even as the U.S. central bank holds its benchmark interest rate steady at current levels, Federal Reserve Governor Michelle Bowman...

(Reuters) -The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5.50% range at the end of a two-day meeting on Wednesday. Policymakers remain...

DALLAS - Frontier Communications (OTC:FTRCQ) Parent, Inc. (NASDAQ: FYBR), a leading provider of internet, TV, and phone services, has reported its first-quarter 2024 results,...

By Daphne Psaledakis WASHINGTON (Reuters) - The U.S. Treasury Department's top sanctions official will travel to Singapore and Malaysia next week, a source familiar with the...

By Karin Strohecker and Sumanta Sen LONDON (Reuters) - Interest rates at major central banks remained static in April as the prospect of higher-for-longer U.S. Federal Reserve...

OSLO (Reuters) -Norway's central bank kept interest rates on hold at 4.50% on Friday, as unanimously expected by analysts, and said a tight monetary policy stance may be needed...

Investing.com -- U.S. stock futures edge higher with markets preparing for the release of the much-anticipated April U.S. jobs market report. Apple shares (NASDAQ:AAPL) rise in...

LONDON (Reuters) - Central banks in Australia, Britain and Sweden will meet next week, as markets assess how much leeway the U.S. Federal Reserve has to cut rates this year. ...