Browsing: Economy

The Treasury Department announced new sanctions Friday against Hamas in the wake of its attack on Israel earlier this month. The Biden administration’s sanctions target more…

MEXICO CITY (Reuters) – Mexico’s economy, the second biggest in Latin America, could expand by 3.5% or more this year, a senior finance ministry official said…

The S&P 500 index is on pace to close in correction territory on Friday, its 103th time in history if confirmed. The gauge of large-cap U.S.…

By Aditya Soni and Krystal Hu (Reuters) -Alphabet shares slumped on Wednesday after its cloud unit’s growth fell to near a three-year low, paling in comparison…

By Svea Herbst-Bayliss NEW YORK (Reuters) – Billionaire hedge fund manager Bill Ackman, who traditionally invests in stocks, earned roughly $200 million from a bet against…

Treasury yields held mostly steady on Friday morning as investors assessed September inflation data that offered a mix of both good and bad news. What’s happening…

South Africa has embarked on a journey to transition from coal to cleaner energy sources, backed by a substantial $1 billion loan from the World Bank.…

The numbers: The cost of goods and services rose a higher-than-expected 0.4% in September, keeping the pressure on the Federal Reserve as it weighs whether to…

By Chris Prentice WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission (SEC) levied $5 billion through enforcement actions and barred more than 100 individuals from…

The numbers: Consumer spending rose a a sharp 0.7% in September, underscoring the recent strength in the U.S. economy. Analysts polled by the Wall Street Journal…