Browsing: Economy

The numbers: The cost of goods and services rose a scant 0.1% in May and pointed to a gradual easing in U.S. inflation, but prices were…

By Andy Bruce LONDON (Reuters) – Major British lenders on Thursday announced another increase in mortgage rates offered via brokers, pushing many products above the 6%…

The numbers: Consumer spending rose a tepid 0.1% in May, but American households have shown little inclination to cut back much even in the face of…

By Maya Gebeily BEIRUT (Reuters) -Lebanon’s financial crisis has been aggravated by vested interests resisting crucial reforms, the International Monetary Fund (IMF) said on Thursday, warning…

The personal consumption expenditures price index, which is released by the U.S. Department of Commerce, is the Federal Reserve’s preferred measure of inflation. It is released…

By Marcela Ayres BRASILIA (Reuters) – Brazil’s central bank chief Roberto Campos Neto indicated on Thursday he supports adopting a continuous time frame for the monetary…

By Raphael Satter WASHINGTON (Reuters) -The U.S. Department of Health and Human Services (HHS) was among those affected by a wide-ranging hack centered on a piece…

Bond yields rose on Friday, leaving benchmarks near their highest since March, ahead of crucial inflation data.What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.916%…

MEXICO CITY (Reuters) – Mexico’s financial system stability committee described the country’s economic outlook as uncertain on Thursday, citing persistent risks of further weakening of economic…

By Asif Shahzad LAHORE (Reuters) -Pakistan’s finance minister said a staff level agreement for a crucial bailout deal with the International Monetary Fund was “very close”…