Browsing: Economy

The numbers: The New York Fed’s Empire State business-conditions index, a gauge of manufacturing activity in the state, edged down 6.5 points in October to negative…

KUALA LUMPUR (Reuters) – Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia, a spokesperson said, after its government…

The recent slowdown in inflation is a trend and not a “one-month blip,” Chicago Fed President Austan Goolsbee said Monday. In an interview with the Financial…

By Niket Nishant and Nupur Anand (Reuters) -JPMorgan Chase beat expectations for third-quarter profit on Friday as rising borrowing costs and its acquisition of failed First…

Treasury Secretary Janet Yellen said the U.S. can afford supporting two countries — Israel and Ukraine — simultaneously. According to the U.S. Treasury, Yellen was asked…

Christine Lagarde, President of the European Central Bank (ECB), has indicated that the institution is considering further interest rate hikes while simultaneously evaluating the impact of…

The price of bitcoin on Monday rallied following a false report on social media that the Securities and Exchange Commission approved an application for a spot…

Former St. Louis Federal Reserve Bank President, James Bullard, on Friday, raised concerns about underappreciated inflation risks and hinted at a potential interest rate hike up…

President Joe Biden has postponed a trip to Colorado planned for Monday and instead is remaining in Washington, D.C., to participate in national-security meetings, a White House official said.…

MARRAKECH, Morocco (Reuters) -The International Monetary Fund said fiscal policy in Latin America and the Caribbean has been “prudent,” but governments need to increase revenues as…