Bangladesh garment workers’ unions demand higher minimum wage
DHAKA - Amidst ongoing wage negotiations in Bangladesh's garment industry, the Sommilito Garments Sramik Federation, linked to IndustriAll, has proposed...
Economy
US consumer sentiment drops again on inflation fears
Inflation may be decreasing in the U.S., but Americans expect it to surge again, according to fresh data. The University...
Brazil’s govt 2023 primary deficit forecast deteriorates, approaching fiscal target
BRASILIA (Reuters) - Brazil's government projections for its public accounts in 2023 have substantially worsened, with the deficit before interest...
ECB rate cut expectations rise amid economic slowdown concerns
Market participants are increasingly anticipating the European Central Bank (ECB) to implement interest rate cuts in 2023 as signs of...
ECB nears terminal rate; Nagel confident in eurozone economy
MILAN - At a recent event in Milan, Joachim Nagel, President of the Bundesbank, indicated that the European Central Bank...
Fannie Mae projects mild recession in 2024, recovery by 2025
Fannie Mae's Economic and Strategic Research (ESR) Group forecasts a mild recession to occur in early 2024, followed by an...
A Thanksgiving tradition returns: hectic travel in the US
By Daniel Trotta and Allison Lampert (Reuters) -Millions of Americans crowded into airports or hit the road on Wednesday ahead...
Mortgage rates plummet to 2-month low, reigniting housing demand
A key measure of home-purchase applications rose to the highest level in six weeks as a sharp drop in mortgage...
Bank of Canada says rates may be at peak, excess demand now gone
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Wednesday that interest rates...
Consumer sentiment improves, but Americans are still worried about inflation
The numbers: Consumer sentiment improved slightly near the end of November, but Americans are more worried about the economy and...
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