Fed won’t raise rates next week and hopes that they’re done
The Federal Reserve will hold interest rates steady at its meeting next week, extending the pause that began after the...
Economy
UK Jobless Rate Remains Steady, Wage Growth Outpaces Inflation
The unemployment rate in the United Kingdom remained steady at 4.2% over three months to August, according to data from...
S&P 500 index enters a correction. Here’s what it means for future performance.
The S&P 500 index closed in correction territory on Friday, the 103rd time in history. The gauge of large-cap U.S....
World Bank’s Banga says geopolitics pose biggest, but not the only, risk to world economy
By Jorgelina do Rosario LONDON (Reuters) -Geopolitical tensions heightened by the Middle East conflict pose the biggest threat to the...
Global Economic Outlook Gloomy, Top Financial Figures Warn
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...
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...
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