Browsing: Economy

“ Going from zero to 2% was almost no increase. Going from zero to 5% caught some people off guard, but no one would have taken…

(Corrects spelling of Bardrick in paragraph 3 and 7.) By Anousha Sakoui LONDON (Reuters) -Citigroup has warned UK-based employees of the likelihood of redundancies as the…

(Reuters) -The United Auto Workers will expand its strikes against Detroit automakers General Motors (NYSE:) and Chrysler parent Stellantis (NYSE:), but has made real progress in…

Investing.com — Federal Reserve officials emphasized the central bank’s message that interest rates will stay higher for longer than previously expected days after hitting pause on…

In a move that is expected to significantly bolster the Indian rupee, JP Morgan is incorporating Indian bonds into its emerging-market index. This development was announced…

A partial government shutdown would be “credit negative” for the U.S., Moody’s said Monday, as time was running short to pass a stopgap budget ahead of…

The U.S. financial markets faced uncertainty on Friday, as the Federal Reserve signaled a prolonged period of elevated interest rates and fears of a potential government…

By Rodrigo Campos NEW YORK (Reuters) – Programs supported by the African Development Bank (AfDB) in over 30 African countries have helped produce some $12 billion…

The Federal Reserve’s inner circle is divided over whether to raise interest rates again this year, but they all agree on one thing: Borrowing costs will…

(Reuters) – San Francisco Federal Reserve Bank President Mary Daly on Friday said that while the recent drop in inflation and the gradual rebalancing of the…