Browsing: Economy

Former U.S. Treasury Secretary Larry Summers continues to criticize President Joe Biden’s economic policies, even as his fellow Democrat has overseen a significant decline in the…

The Federal Reserve is widely expected to deliver another interest rate hike on Wednesday, resuming its campaign to jack up borrowing costs and crush inflation after…

(This July 20 story has been corrected to change the attribution to senior Japan economist at UBS Securities, not economist at JPMorgan Chase (NYSE:) in paragraph…

By Nell Mackenzie LONDON (Reuters) – The European Union said on Thursday it has reached a deal on revising its rules for managers of hedge funds…

Political pressures on the U.S. Federal Reserve and President Joe Biden’s economic agenda have delivered a painful blow — inflation still above the Fed’s 2% target,…

Investing.com — U.S. stock futures edge up ahead of the final trading day of the week, with investors looking ahead to major tech earnings and a…

What’s on our worry list? The labor market, specifically the unrest fomented by the effects of the pandemic and inflation. Labor unions have grown in might,…

TOKYO (Reuters) – Japan’s largest trade union confederation ‘Rengo’ urged companies on Friday to raise wages further to outpace inflation and help workers deal with rising…

Investing.com — The Federal Reserve’s widely-expected interest rate hike at its upcoming policy meeting next week will be “the last” of the U.S. central bank’s long-running…

(Reuters) – Morgan Stanley (NYSE:) raised U.S. economic growth forecast for the year on a strong industrial sector and more public investment in infrastructure, and expects…