Economy

Economy News

Biden to nominate development official to U.S. Treasury post –official

Biden to nominate development official to U.S. Treasury post –official

FILE PHOTO: A sign marks the U.S Treasury Department in Washington, U.S., August 6, 2018. REUTERS/Brian Snyder WASHINGTON (Reuters) –…
Russia hands U.S. investor Calvey 5.5-year suspended sentence

Russia hands U.S. investor Calvey 5.5-year suspended sentence

FILE PHOTO: U.S. investor and founder of the Baring Vostok private equity group Michael Calvey, who is under house arrest…
Analysis: Where will yields go? Investors weigh U.S. jobs data against Delta fears

Analysis: Where will yields go? Investors weigh U.S. jobs data against Delta fears

A packet of former U.S. President Abraham Lincoln five-dollar bill currency is inspected at the Bureau of Engraving and Printing…
Analysis: U.S. jobs report bolsters case for Fed to taper asset purchases

Analysis: U.S. jobs report bolsters case for Fed to taper asset purchases

FILE PHOTO: Federal Reserve Board building is pictured in Washington, U.S., March 19, 2019. REUTERS/Leah Millis By Ann Saphir (Reuters)…
U.S. workers able to stay more on the job in July despite Covid surge, survey shows

U.S. workers able to stay more on the job in July despite Covid surge, survey shows

2/2 FILE PHOTO: An employee wears a protective face mask and face shield in the main lobby of the Empire…
Fed’s Kaplan Calls for Gradual, Balanced Tapering Starting Soon

Fed’s Kaplan Calls for Gradual, Balanced Tapering Starting Soon

© Bloomberg. Robert Kaplan, president of the Federal Reserve Bank of Dallas, speaks during a Bloomberg Television interview in New…
Why the drop in the U.S. Black jobless rate may not be good news

Why the drop in the U.S. Black jobless rate may not be good news

FILE PHOTO: A woman holds fliers for a job fair for restaurant and hotel workers, after coronavirus disease (COVID-19) restrictions…
Black Americans Leave Workforce, Driving Their Jobless Rate Down

Black Americans Leave Workforce, Driving Their Jobless Rate Down

Black Americans Leave Workforce, Driving Their Jobless Rate Down (Bloomberg) — Black Americans saw a sizable drop in unemployment in…
Canopy Growth loss narrows on pot demand surge, cost cuts

Canopy Growth loss narrows on pot demand surge, cost cuts

FILE PHOTO: A sign featuring Canopy Growth Corporation’s logo is pictured at their facility in Smiths Falls, Ontario, Canada, January…
Unpredictable regulation dents China’s short-term appeal, global fund managers say

Unpredictable regulation dents China’s short-term appeal, global fund managers say

FILE PHOTO: A map of China is seen through a magnifying glass on a computer screen showing binary digits in…
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