Canadian economy stalls, raising recession concerns
The Canadian economy has shown signs of stagnation in the recent quarter, potentially entering a technical recession due to previous...
Economy
Private sector job growth increases less than expected in October: ADP
Hiring by U.S. companies increased less than expected in October, the latest sign that the labor market is starting to...
AI could spark the next financial crisis, SEC Chair Gary Gensler says
Securities and Exchange Commission Chair Gary Gensler has plenty to worry about as he seeks to bring order and fairness...
Anti-war protest hits US Congress hearing as Biden officials seek aid for Israel, Ukraine
By Patricia Zengerle, Phil Stewart and Simon Lewis WASHINGTON (Reuters) -Two of President Joe Biden's top advisers asked U.S. lawmakers...
U.S. fiscal deficit a ‘more serious problem than ever before,’ says Larry Summers
Former Treasury Secretary Larry Summers believes that the current federal budget deficit poses a greater challenge for the economy than...
Sri Lanka moves to stabilize economy amid inflation hike and IMF bailout conditions
In response to a surge in energy costs that escalated inflation in October 2023, Sri Lanka has taken significant steps...
Bankman-Fried says he wasn’t aware of FTX’s missing $8 billion until just before its collapse
FTX founder Sam Bankman-Fried insisted Tuesday that he was unaware that $8 billion of customer money had disappeared until just...
New Biden target in junk fee crackdown: retirement advisers
By Jarrett Renshaw and Trevor Hunnicutt (Reuters) -The U.S. Biden administration on Tuesday sought to impose new rules on retirement...
Panama Canal to slash booking slots due to drought over coming months
PANAMA CITY (Reuters) -The Panama Canal, one of the world's main maritime trade routes, will further reduce daily ship crossings...
New Series I Bond rate ticks up to 5.27%, with a hearty fixed rate for the long haul
The new rate for Series I Bonds starting on Nov. 1 will be 5.27% – a combination of a 1.3%...
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