Browsing: Economy

By Stella Qiu SYDNEY (Reuters) -Australia’s top central banker said on Wednesday he is confident higher interest rates are working to cool inflation but it is…

Securities and Exchange Commission Chair Gary Gensler has no plans to recuse himself from decisions related to cryptocurrencies, despite accusations of bias from the industry. “I…

PARIS (Reuters) -With the exception of Canada, countries with digital services taxes have agreed to hold off applying them for at least another year as a…

The Federal Reserve’s business contacts across the U.S. reported that economic activity increased only slightly in late May and June and the slow growth was expected…

(Reuters) – A bargaining agreement will soon be within reach to end a dispute between striking Canadian dock workers and their employers, Labour Minister Seamus O’Regan…

Three nominees for the Federal Reserve Board were approved unanimously by a Senate banking panel, paving the way for full Senate confirmation. Current board Gov. Philip…

Investing.com — The release of the June inflation data out of the U.S. is set to be the major focus for markets, with investors hoping to discover…

By Howard Schneider WASHINGTON (Reuters) -A year after U.S. inflation peaked and touched off an aggressive turn in monetary policy, Federal Reserve officials may be opening…

U.S. stocks rose on Wednesday with the S&P 500 and Nasdaq Composite closing at their highest levels in 15 months, after data showed the rate of…

By Steve Scherer and Ismail Shakil OTTAWA (Reuters) -The Bank of Canada on Wednesday hiked its key overnight rate by a quarter of a percentage point…