Browsing: Economy

MEXICO CITY (Reuters) – Bank of Mexico board member Jonathan Heath said the drop in Mexican inflation in recent months is not a reason to “sing…

Sam Bankman-Fried, the co-founder of failed cryptocurrency exchange FTX, testified Friday that many mistakes were made that led to the collapse of the business and the…

By Michael S. Derby NEW YORK (Reuters) – Early next month, the Federal Reserve Bank of New York will take on what has become something of…

The Federal Reserve will hold interest rates steady at its meeting next week, extending the pause that began after the last rate hike in July. The…

(Reuters) – U.S. officials “frankly raised areas of disagreement” with China at the first meeting of a new financial working group, where financial stability, supervision and…

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada (BoC) on Wednesday held its key overnight rate at a 22-year high of 5.0%…

The numbers: Consumer sentiment improved slightly at the end of October, but higher gas prices left people more worried about inflation. The final reading of the…

By David Ljunggren and Nivedita Balu OTTAWA (Reuters) -Canada’s central bank on Wednesday highlighted stress building in customers with auto loans, while saying mortgage owners largely…

Businesses, governments and investors were already navigating a foggy global landscape before the tragic events unfolding in the Middle East. But the horrible conflict between Hamas…

(Reuters) – The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking its seventh straight weekly…