Browsing: Economy

President Joe Biden plans to deliver a speech on Wednesday in Lithuania’s capital as a NATO summit there wraps up, said his national-security adviser, Jake Sullivan.…

By Uditha Jayasinghe COLOMBO (Reuters) – Sri Lanka’s central bank is widely expected to loosen monetary policy further on Thursday, following a massive 250-basis-point interest rate…

White House press secretary Karine Jean-Pierre indicated interest Friday in Meta Platforms Inc.’s META, -0.50% Twitter rival, Threads, but she declined to comment on whether there…

Black unemployment in the U.S. rose to its highest in nearly a year in June, almost doubling White joblessness, which ticked down slightly, according to reports. …

By David Milliken LONDON (Reuters) – Britain sold a government bond at auction on Wednesday that will pay investors an annual return of 5.668% – the…

The Biden administration on Friday said that the U.S. will supply cluster munitions to Ukraine in a controversial move defended by a top official. Jake Sullivan,…

BERLIN (Reuters) – German Chancellor Olaf Scholz said on Wednesday that he knew of further plans for large investments in chip production in Germany, a welcome…

A year ago, Gang Hu, an inflation trader at New York hedge fund WinShore Capital Partners, made the prescient call that inflation would be “stickier than…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The endowments of New York City’s pricey private schools are flourishing thanks to a steady inflow of contributions from…

At next week’s NATO summit, President Joe Biden and other leaders will demonstrate their “unity and resolve in support of Ukraine” as that Eastern European country…