IMF Official Highlights Concerns for Global Economic Growth
Gita Gopinath, the first deputy managing director of the International Monetary Fund (IMF), expressed concerns about future global economic growth...
Economy
Fed’s Goolsbee says declining inflation is a trend and not a ‘blip’
The recent slowdown in inflation is a trend and not a “one-month blip,” Chicago Fed President Austan Goolsbee said Monday....
IMF warns sub-Saharan Africa’s economy at risk from China’s slowdown
The International Monetary Fund (IMF) expressed concerns on Friday about the potential impact of China's economic slowdown on sub-Saharan Africa,...
Homebuilder sentiment continues downward spiral amid spike in mortgage rates
Confidence among builders in the U.S. housing market plunged for the third straight month in October as a spike in...
Yellen says U.S. can simultaneously support Israel and Ukraine war aims
Treasury Secretary Janet Yellen said the U.S. can afford supporting two countries — Israel and Ukraine — simultaneously. According to...
Bank of Canada Prioritizes Interest-Rate Policies Over Bond Yields
In a recent video conference from Marrakesh, Morocco, Bank of Canada Governor Tiff Macklem indicated that higher bond yields would...
Bitcoin price briefly rallies 10% on false spot ETF report
The price of bitcoin on Monday rallied following a false report on social media that the Securities and Exchange Commission...
TikTok to take proactive steps to address issues in Malaysia
KUALA LUMPUR (Reuters) - Short video app TikTok is committed to taking proactive measures to address issues raised by Malaysia,...
Retail sales unexpectedly jump in September as consumers keep spending
Americans picked up their retail spending in September, even as they confronted an uptick in inflation, high interest rates and...
Biden postpones Colorado trip to take part in national-security meetings
President Joe Biden has postponed a trip to Colorado planned for Monday and instead is remaining in Washington, D.C., to participate...
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