Browsing: Economy
LONDON – British consumers are showing a robust appetite for Black Friday deals, with Barclays and Barclaycard Payments reporting record-breaking transaction volumes, indicating a willingness to…
The numbers: The number of Americans who applied for unemployment benefits last week jumped to a three-month high of 231,000, suggesting some softening around the edges…
The Reserve Bank has significantly expanded its Alert List of unauthorized forex trading platforms, signaling increased scrutiny in the foreign exchange market. The recent revision under…
Story developing. Stay tuned for updates. The numbers: Industrial production fell 0.6% in October, the Federal Reserve reported Thursday. The drop was larger than the 0.4%…
(Reuters) -Some of the major banks in the world expect global economic growth to ease further in 2024, squeezed by elevated interest rates, higher energy prices…
The numbers: Builder confidence fell in November for the fourth month in a row, in the face of weakening buyer demand as mortgage rates reached 8%. …
The Reserve Bank of India (RBI) has taken decisive action by superseding the board of Abhyudaya Co-operative Bank Ltd. today, citing concerns over its governance standards.…
Mortgage rates fell for the third week in a row on the back of early signs that inflation is slowing. The 30-year fixed-rate mortgage averaged 7.44%…
By Nqobile Dludla JOHANNESBURG (Reuters) – Johannesburg’s Mall of Africa was buzzing on Friday with bargain hunters pushing trolleys laden with groceries such as cooking oil,…
Economists have been talking about the possibility of a stabilization in the factory sector. Stan Honda/AFP via Getty Images The numbers: The Philadelphia Fed said Thursday…