Yellen says US-backed IMF funding increase is ‘pretty likely’
By David Lawder and Andrea Shalal MARRAKECH, Morocco (Reuters) -U.S. Treasury Secretary Janet Yellen told Reuters on Friday that her...
Economy
Adjustable-rate mortgage demand increases to highest level since November 2022 as high U.S. rates hammer home buyers
The numbers: Home buyers are turning to adjustable-rate mortgages, or ARMs, as persistently high rates hurt their ability to buy...
Chinese embassy criticizes Costa Rica for 5G company restrictions
SAN JOSE (Reuters) - Costa Rican officials are undermining economic ties with China after authorities from the Central American country...
U.S. producer price inflation comes in a little hotter in September, highest annual rate in five months
The numbers: The U.S. producer price index rose 0.5% in September, the Labor Department said Tuesday, down slightly from an...
Singapore hopes for substantial IPEF progress by APEC
WASHINGTON (Reuters) - Singapore's deputy prime minister said on Friday he hopes for substantial progress in the U.S.-led Indo-Pacific Economic...
Jobless claims stay below 210,000 for fourth straight week
The numbers: Initial jobless claims were flat at 209,000 in the week ended Oct. 12, the Labor Department said Thursday. ...
Borrell says EU takes China seriously, expects same in return
By Laurie Chen BEIJING (Reuters) - The European Union's top diplomat Josep Borrell said on Saturday his message to Chinese...
CPI report shows headline inflation for September was hotter than forecast on rising shelter costs
The numbers: U.S. consumer prices climbed 0.4% in September, the Labor Department said Thursday. While the pace is softer than...
Will Powell join fellow fed members in endorsing a less hawkish stance?
By Yasin Ebrahim Investing.com -- Federal Reserve chairman Jerome Powell is set to take center stage next week when he...
Dow Jones snaps 4-day winning streak as Treasury yields climb after inflation data
U.S. stock indexes finished lower on Thursday to end a four-session winning streak as rising Treasury yields continued to pressure...
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