Economy

Key financial figures Ray Dalio of Bridgewater Associates LP and Jane Fraser of Citigroup Inc (NYSE:). painted a bleak picture...

U.S. jobless claims rise slightly, remain in ultra-low territory

The numbers: Initial jobless claims rose by 10,000 to 210,000 in the week ended Oct. 21, the Labor Department said...

Colombia eyes two rate cuts before year-end, finance minister says

World Bank President Warns Israel-Hamas Conflict Could Impact Global Economy

World Bank President Ajay Banga, speaking at the Future Investment Initiative conference in Saudi Arabia, known as "Davos in the...

Durable-goods orders surge due to Boeing plane contracts

The numbers: Orders for durable or long-lasting goods jumped 4.7% in September, largely because of a flush of new contracts for...

Singapore central bank consults on regulatory structure for fund managers

By Rishav Chatterjee and Yantoultra Ngui (Reuters) -The Monetary Authority of Singapore (MAS) launched on Tuesday a public consultation exercise...

GDP jumps 4.9% as the U.S. economy speeds up

The numbers: U.S. economic growth galloped at a 4.9% annual pace in the third quarter — fueled by a big...

Euro zone labour market shows no sign of weakening: Lagarde

UK Job Market Contracts as Bank of England Holds Interest Rates

The UK's labor market has witnessed a contraction of 82,000 jobs in the quarter to August, marking a continuation of...

U.S. trade deficit in goods widens 1.3%, modest drag for GDP growth in third quarter

The numbers: The U.S. trade deficit in goods widened 1.3% to $85.8 billion in September, according to the Commerce Department’s...

Central Bank Urges Wage Restraint Amid Inflationary Concerns In Canada

In an effort to curb rising inflationary pressures, the Bank of Canada is encouraging wage restraint, following a surge in...

Biden wants an extra $162 billion from Congress. Here’s how it could go with new House Speaker Johnson.