Economy

Economy News

Fed’s Bowman Sees Rates Moderating Soon But Higher Peak Level

Fed’s Bowman Sees Rates Moderating Soon But Higher Peak Level

&copy Bloomberg. Michelle Bowman, governor of the US Federal Reserve, speaks during a Fed Listens event in Washington, D.C., US,…
Profit in U.S. banks rise in Q3 despite challenging economic environment – FDIC

Profit in U.S. banks rise in Q3 despite challenging economic environment – FDIC

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New…
BlackRock Investment Institute not chasing post-Powell rally

BlackRock Investment Institute not chasing post-Powell rally

FILE PHOTO: Federal Reserve Board Chairman Jerome Powell holds a news conference after Powell announced the Fed raised interest rates…
U.S. construction spending falls in October on single family housing

U.S. construction spending falls in October on single family housing

FILE PHOTO: A commercial real estate construction site is seen in Santa Monica, California, U.S., June 16, 2022. REUTERS/Lucy Nicholson…
U.S. manufacturing sector contracts in November – ISM

U.S. manufacturing sector contracts in November – ISM

FILE PHOTO: Autonomous robots assemble an X model SUV at the BMW manufacturing facility in Greer, South Carolina, U.S. November…
Wall Street ends sharply higher after Powell comments

Wall Street ends sharply higher after Powell comments

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2022.…
IMF chief sees higher chance of global growth below 2% in 2023

IMF chief sees higher chance of global growth below 2% in 2023

International Monetary Fund (IMF) Managing Director Kristalina Georgieva attends a news conference following a meeting at the Federal Chancellery in…
U.S. Justice Department weighs new guidance on messaging apps, clawback policies -official

U.S. Justice Department weighs new guidance on messaging apps, clawback policies -official

By Chris Prentice WASHINGTON (Reuters) -The U.S. Justice Department’s criminal division is weighing issuing additional guidance for corporations on employees’…
Reuters poll: BoC to keep up pace with 50 basis point December rate hike -economists

Reuters poll: BoC to keep up pace with 50 basis point December rate hike -economists

FILE PHOTO: Bank of Canada Governor Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June…
EU states offer exemption for financial services from ‘due diligence’ rules

EU states offer exemption for financial services from ‘due diligence’ rules

FILE PHOTO: The skyline with its office buildings and the banking district are photographed during sunset as the spread of…
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