Browsing: Economy

By David Randall NEW YORK (Reuters) – Several indicators that pointed to upside for U.S. stocks this year have shifted to a more neutral outlook, potentially…

Freshly-awake bond vigilantes are getting ready to ride into Jackson Hole next week to have some fun and scare the central bank folk. Imagine their surprise…

President Joe Biden on Friday said his administration is “closely monitoring Hurricane Hilary, which has the potential to bring significant rain and flooding to Southern California.”…

If the United Auto Workers decides to strike against the “Big Three” Detroit automakers when the current contract expires next month, it could cost the U.S.…

(Reuters) – J.P. Morgan said on Tuesday China’s residential property market could see a sharper-than-expected slump this year following downbeat government sales and investment data for…

President Joe Biden on Friday criticized former President Donald Trump’s approach to foreign policy, with his remarks coming as he held a joint press conference with…

By Marc Jones LONDON (Reuters) -JPMorgan ramped up its 2023 global emerging market corporate high yield (HY) default rate forecast to 9.7% from 6% on Tuesday…

The numbers: Commercial and industrial loans — a key economic driver — fell $6.2 billion to $2.75 trillion in the week ending Aug. 9, the Federal…

By Elias Biryabarema KAMPALA (Reuters) -Uganda’s central bank cut its main lending rate on Tuesday for the first time in more than two years, saying it…

By Summer Zhen and Laura Matthews HONG KONG/NEW YORK (Reuters) -Chinese fears of a spillover from missed payments on some shadow banking linked trust products and…