Browsing: Economy

(Reuters) – PTC (NASDAQ:) Inc on Wednesday forecast its fiscal 2024 revenue below Wall Street estimates, signaling weakness in demand for its industrial design and testing…

By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank cut its benchmark interest rate by 50 basis points on Wednesday for the third time in a row…

By Douglas Gillison and Chris Prentice (Reuters) -The Federal Deposit Insurance Corporation (FDIC) is investigating potential misconduct by executives and board members of First Republic Bank…

One of the main takeaways from Fed Chairman Jerome Powell’s press conference and the central bank’s policy statement Wednesday is the growing possibility that the rate-hiking…

By William Schomberg LONDON (Reuters) – The Bank of England looks set to hold borrowing costs at a 15-year high on Thursday and signal that it…

The numbers:  A closely-watched index that measures U.S. manufacturing activity fell 2.3 points to 46.7 in October, according to the Institute for Supply Management on Wednesday.…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth…

Developing story. Check back for updates. The numbers: Job openings in the U.S. rose slightly in September to 9.6 million, indicating that a still-growing economy still has…

By Hari Kishan BENGALURU (Reuters) -High inflation will dog the world economy next year, with three-quarters of over 200 economists polled by Reuters saying the main…

The Federal Reserve on Wednesday held interest rates steady while keeping the door open for a hike down the road. The decision to hold rates steady…