Browsing: Economy
The U.S. economy grew strongly in the second half of 2023 and doesn’t seem to have slowed down much. Yet a quarter of the nation’s business…
By Maria Martinez LONDON (Reuters) – Germany is not the sick man of Europe, but an unfit man in need of structural reforms to strengthen its…
The numbers: The U.S. federal budget deficit narrowed to $22 billion in January, down from $39 billion in the same month last year, the Treasury Department…
BOGOTA (Reuters) – Colombia has reached loan agreements worth more than $1.2 billion with multilateral lenders, the finance ministry said, adding resources will go toward budget…
The numbers: Mortgage applications fell as rates rose across the board. With the 30-year mortgage hitting the highest level since early December 2023, demand took a…
TORONTO (Reuters) – Ontario on Monday projected a smaller deficit for the current fiscal year than it previously expected due to increased revenue and lower borrowing…
A frothy stock market suffered a steep fall Tuesday, as an unexpectedly hot January consumer-price index reading reminded investors that the Federal Reserve’s long-fought battle against…
(This Feb. 8 column has been corrected to change the type of company to ‘an employer with fewer than 20 workers’ instead of ‘an employer with…
Steady U.K. inflation sees pound and bond yields fall as traders boost Bank of England rate-cut bets
The British pound and government bond yields fell, while stocks rose, after a report showing steady U.K. inflation raised hopes the Bank of England can soon…
By Marc Jones LONDON (Reuters) – Rating agency Fitch fired a warning shot across Britain’s bows on Monday, urging the country’s government to keep a tight…