Browsing: Economy

BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to support the economy, state media said…

The crypto industry is on a winning streak in Washington, but it may not last long. Following a surprise victory in a major court case against…

United Parcel Services (UPS) and the Teamsters union are set to resume negotiations this week on a new collective bargaining agreement before the end of the…

By Davide Barbuscia NEW YORK (Reuters) – A feared liquidity drainage in the U.S. banking system as the Treasury refills its coffers has not materialised yet,…

By David Shepardson (Reuters) -New Jersey sued the Biden administration on Friday seeking to block New York City’s plan to impose tolls on vehicles in Manhattan…

The numbers: The U.S. economy grew in July at the slowest pace in five months, a S&P surveys showed, and pointed to weaker conditions later in…

Invesitng.com — Bank deposits fell, but lending inched higher in the week ended July 12, the latest data from the Fed showed. Deposits at large U.S.…

By Steve Scherer OTTAWA (Reuters) -Leaders of a dock workers union in Canada’s Pacific region on Friday backed a tentative contract deal with employers and will…

By Kate Abnett and Valerie Volcovici BRUSSELS/BEIJING (Reuters) – Record-breaking heat in China. Wildfires forcing Swiss villages to evacuate. Drought ravaging Spanish crops. As the costs…

By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5%…