Australia set to reform central bank following April review
Treasurer Jim Chalmers is set to introduce significant reforms to the Reserve Bank of Australia (RBA), aiming to enhance its...
Economy
Bank of America, Deutsch Bank predict interest rate cuts in 2024
Bank of America and Deutsch Bank both released outlooks Monday predicting the Federal Reserve will implement interest rate cuts next...
New-home sales drop in October to much lower level than expected
The numbers: U.S. new-home sales fell 5.6% to a seasonally adjusted annual rate of 679,000 in October, from a revised...
India to remain fastest-growing major economy, but demand uneven – Reuters poll
By Milounee Purohit and Devayani Sathyan BENGALURU (Reuters) - India's economic expansion likely moderated but remained strong in the September...
Nonprofits face headwinds on Giving Tuesday with consumers strapped for cash
Nonprofits hoping for significant donations on this Giving Tuesday are holding their breath as consumers are straining under stubborn inflation,...
Biden blasts Trump over revived push to kill Obamacare: ‘We won’t let these things happen’
President Joe Biden on Monday hit back at Donald Trump, two days after the former president revived calls to eliminate...
China’s money market shows signs of liquidity tightness towards month-end
SHANGHAI (Reuters) - Cash conditions in China's money market showed signs of tightness on Monday, as market participants grew cautious...
Housing down payments hit all-time high as buyers battle high mortgage rates
Americans are putting down a record amount of money in order to secure a new home as they continue to...
Opinion: You’re not imagining things: The end of the ‘everything bubble’ has made the world more dangerous
Since the publication of in October 2022, the themes I emphasized have gone mainstream. Everyone now acknowledges that economic, monetary and...
U.S. dollar’s struggles continue as markets brace for post-Thanksgiving buzz
By Samuel Indyk and Rae Wee LONDON (Reuters) -The U.S. dollar began the last week of November on the back...
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