Economy

Economy News

Biden says US to likely invest billions in semiconductor packaging in Canada

Biden says US to likely invest billions in semiconductor packaging in Canada

U.S. President Joe Biden speaks during a joint news conference with Canadian Prime Minister Justin Trudeau, in Ottawa, Ontario, Canada,…
SF Fed bank’s Daly not responsible for SVB failure -former SF Fed chair

SF Fed bank’s Daly not responsible for SVB failure -former SF Fed chair

2/2 FILE PHOTO: An employee holds the door open at the Silicon Valley Bank branch office in downtown San Francisco,…
Rivian to relocate staff to Illinois EV plant to accelerate production – WSJ

Rivian to relocate staff to Illinois EV plant to accelerate production – WSJ

FILE PHOTO: The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December…
U.S. Treasury says FSOC agreed banking system sound

U.S. Treasury says FSOC agreed banking system sound

FILE PHOTO: U.S. Treasury Secretary Janet Yellen testifies before a Senate Appropriations Financial Services and General Government Subcommittee hearing on…
Ukraine creditors group: provides assurances to support IMF steps to help Ukraine

Ukraine creditors group: provides assurances to support IMF steps to help Ukraine

FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund – World Bank Annual Meeting…
Real estate leader on NY Fed board warns on commercial real estate risks

Real estate leader on NY Fed board warns on commercial real estate risks

FILE PHOTO: People walk in the rain by commercial real estate for rent along 125th street in the Harlem area…
Fed says rising income costs cut payments to US Treasury in 2022

Fed says rising income costs cut payments to US Treasury in 2022

FILE PHOTO: The Federal Reserve building is pictured in Washington, U.S., on March 19, 2019. REUTERS/Leah Millis/File Photo By Michael…
Rhetoric over US debt limit boils over as Republicans, Democrats joust

Rhetoric over US debt limit boils over as Republicans, Democrats joust

FILE PHOTO: U.S. President Joe Biden talks with House Speaker Kevin McCarthy (R-CA) as they depart following the annual Friends…
Panama’s economic recovery strong, but growth to slow in 2023, IMF says

Panama’s economic recovery strong, but growth to slow in 2023, IMF says

FILE PHOTO: A man walks past the International Monetary Fund (IMF) logo at its headquarters in Washington, U.S., May 10,…
Peru central bank sees lower 2023 growth, drop in mining investment due to protests

Peru central bank sees lower 2023 growth, drop in mining investment due to protests

FILE PHOTO: A seller charges money at a stand at Surco market in Lima, Peru August 31, 2018. REUTERS/Mariana Bazo…
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