Browsing: Economy

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve Bank of New York said on Friday it accepted $1.018 trillion at its overnight reverse…

The numbers A survey of business conditions in the New York region sank to -14.5 in December and hit a four-month low, reflecting the ongoing weakness…

BOGOTA (Reuters) – Colombia’s President Gustavo Petro on Friday proposed making changes to a tax reform that entered into effect this year that would lower taxes…

The numbers: Industrial production rebounded in November and rose 0.2% after a major auto strike ended, but most other manufacturers saw little improvement. Economists surveyed by the…

BOGOTA(Reuters) – Colombia’s minimum wage will increase by 12% in 2024, Labor Minister Gloria Ines Ramirez said on Friday, taking the figure to 1.3 million pesos…

The numbers: The service side of the U.S. economy grew faster at the end of the year while manufacturers remained mired in a slump, a pair…

BEIJING (Reuters) – President Xi Jinping said on Sunday that China will consolidate and enhance the positive trend of its economic recovery in 2024, and sustain…

The numbers: Builder confidence rose in December for the first time in five months as mortgage rates fell. Builder confidence increased as rates fell roughly 50…

The numbers: The cost of imported goods fell 0.4% to mark the second decline in a row, contributing to a slowdown in U.S. inflation more broadly. Economists…

By Harry Robertson LONDON (Reuters) – Investors have poured $40 billion into stocks since Oct. 9, the biggest two-week inflow since February 2022, as equities rallied,…