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Federal Reserve's preferred inflation gauge shows still-persistent underlying price pressures
Federal Reserve's preferred inflation gauge shows still-persistent underlying price pressures
An inflation gauge that's closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth
2023-10-27 21:21
Inside how Biden's frustrated advisers crafted an 'aggressive' response to Fitch's downgrade of US credit
Inside how Biden's frustrated advisers crafted an 'aggressive' response to Fitch's downgrade of US credit
Outreach from Fitch Ratings to the Treasury Department on Monday afternoon set off a frenzy inside the Biden administration to respond to news that would once again put President Joe Biden's handling of the economy under the microscope.
2023-08-03 19:21
Economists See More Chance of Near-Term BOJ Change Than Markets
Economists See More Chance of Near-Term BOJ Change Than Markets
Economists appear to see a greater possibility of the Bank of Japan adjusting policy in the near-term than
2023-06-02 07:46
Turkish lira hits record low as bonds steady after post-election rout
Turkish lira hits record low as bonds steady after post-election rout
By Libby George LONDON Turkey's lira weakened to a record low against the dollar on Thursday, after incumbent
2023-05-19 03:59
Tapestry flags weak annual profit, misses qtrly sales on softer U.S. demand
Tapestry flags weak annual profit, misses qtrly sales on softer U.S. demand
(Reuters) -Tapestry, which agreed to buy Capri last week, forecast fiscal 2024 profit below estimates and reported lower-than-expected quarterly sales
2023-08-17 19:29
Record Number of China LGFVs Overdue on Short Debt
Record Number of China LGFVs Overdue on Short Debt
China’s local government financing vehicles are showing more signs of stress, with a record number missing payments on
2023-08-07 15:24
Goldman Sachs plans fresh round of job cuts for underperformers - FT
Goldman Sachs plans fresh round of job cuts for underperformers - FT
Goldman Sachs is planning for another round of job cuts for employees who are deemed underperformers, which could
2023-09-08 08:56
The Mighty American Consumer Is About to Hit a Wall, Investors Say
The Mighty American Consumer Is About to Hit a Wall, Investors Say
After staving off recession for longer than many thought possible, the US consumer is finally about to crack,
2023-09-11 08:55
Factbox-Developing countries facing a debt crunch
Factbox-Developing countries facing a debt crunch
LONDON High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a
2023-10-04 14:59
Hollywood's working class turns to nonprofit funds to make ends meet during the strike
Hollywood's working class turns to nonprofit funds to make ends meet during the strike
Hollywood crew members are turning to nonprofits like the Entertainment Community Fund for assistance as they have also lost work during the writer and actors strikes
2023-08-31 01:53
Cambodia opens a new airport to serve Angkor Wat as it seeks to boost tourist arrivals
Cambodia opens a new airport to serve Angkor Wat as it seeks to boost tourist arrivals
Commercial operations have begun at Cambodia’s newest and biggest airport, designed to serve as an upgraded gateway to the country’s major tourist attraction, the centuries-old Angkor Wat temple complex in the northwestern province of Siem Reap
2023-10-16 22:58
South Africa Central Bank Governor Sees Rates Higher for Longer
South Africa Central Bank Governor Sees Rates Higher for Longer
South Africa’s central bank will keep monetary policy tight for longer to tame persistent inflation, Governor Lesetja Kganyago
2023-06-28 17:18