Browsing: Economy
China’s still-floundering economy is only one of a laundry list of worries for foreign businesses active in the country, yet most still plan on investing significant…
WASHINGTON (Reuters) – The U.S. House of Representatives’ Rules Committee on Saturday voted, 9-2, to tee up four appropriations bills for debate on the full House…
Federal Reserve Gov. Michelle Bowman said it “will likely be appropriate” to raise interest rates further “because inflation is still too high.” Bowman said he Fed…
By Enrico Dela Cruz MANILA (Reuters) – Economic growth in developing Asia this year will be slightly lower than previously expected as the weakness in China’s…
Campbell Harvey, a Duke University finance professor, best known for developing the yield-curve recession indicator, says the Federal Reserve’s reading on inflation is out of whack.…
SHANGHAI/SINGAPORE (Reuters) -China kept benchmark lending rates unchanged at a monthly fixing on Wednesday, in line with expectations, as fresh signs of economic stabilisation and a…
State of corruption: from Bridgegate to gold bars, Menendez joins long list of NJ political scandals
The criminal allegations against New Jersey Sen. Robert Menendez are eye-popping on their own, but they come as part of a long litany of political scandals…
(This Sept. 18 story has been corrected to say inflation has stayed within the target range, not below, in paragraph 2 and BI was expected to…
By Mike Dolan LONDON (Reuters) – An eerie calm in U.S. Treasuries seems at odds with uncertainty about the end of the harshest tightening cycles in…
The numbers: After rocketing into positive territory in August, the Philadelphia Fed said Thursday its gauge of regional business activity lost all of the improvement, falling…