Browsing: Economy

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global central banks experienced losses managing their reserves last year amid bond-heavy allocations that took a major hit in…

By Chijioke Ohuocha and Elisha Bala-Gbogbo ABUJA (Reuters) -Nigeria could save up to 3.9 trillion naira ($5.10 billion) this year alone after reforms to its foreign…

MADRID — When it comes to getting the balance right on interest rates, the Federal Reserve isn’t quite there yet, Chairman Jerome Powell said at a…

MADRID (Reuters) -Spain will reimburse up to 15% of income tax to people who buy an electric vehicle (EV) before the end of the year to…

By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistani Prime Minister Shehbaz Sharif said on Tuesday he hoped a bailout decision from the International Monetary Fund would…

Home prices are falling in major cities in the South, but don’t necessarily interpret that as a big opportunity to purchase a home. Nationwide, the median…

By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank signaled on Tuesday that a majority of its policymakers see a possibility of a “parsimonious” rate cut at…

(Bloomberg) — US new-home sales advanced in May to the fastest pace in over a year, bolstered by limited inventory in the resale market. Purchases of…

Federal Reserve Chairman Jerome Powell urged stronger supervision and regulation of financial institutions the size of Silicon Valley Bank, in the wake of the spring banking…

(Bloomberg) — When the Federal Reserve ended a years-long policy of ultra-low interest rates, it upended expectations for investments, according to Afsaneh Beschloss, founder and chief…