Why Abu Dhabi is becoming wildly popular with billionaires
Billionaires are increasingly flocking to a growing financial hub in the Middle East to protect their financial assets as other...
Economy
Powell says premature to speculate on when interest rates will be cut
It is too soon to say when the Federal Reserve will declare victory and start to cut interest rates, Fed...
Factbox-What to expect in 2024: Fed pivot, cooling inflation, easing growth
(Reuters) -Global growth will likely slow in 2024 but a dovish tilt in the Federal Reserve's rhetoric has raised hopes...
Fed expected to pave way for rate cuts next year as inflation fight comes to an end
After a nearly two-year battle against high inflation, the Federal Reserve is all but ready to declare victory at the...
PCE inflation report could show a cooling down. Does that mean the Fed is done raising rates?
The U.S. economy appears to have caught a bit of a chill. And top Federal Reserve officials think inflation will...
Egypt seen keeping interest rates on hold on Thursday, poll shows
CAIRO (Reuters) - The Central Bank of Egypt (CBE) is likely to leave its overnight interest rates fixed at a...
Inflation rises 0.1% in November, slightly more than expected
Inflation continued to moderate in November as a steep drop in gasoline prices helped to offset increases in the cost...
Jobless claims tick higher in latest week, reaching highest level in 2 years
The numbers: Initial jobless claims rose 7,000 to 218,000, in the week ending Nov. 25, the Labor Department said Thursday. ...
November inflation breakdown: Where are prices still rising the fastest?
Inflation continued to ease in November as a steep drop in gasoline prices helped to offset the rising cost of...
Pending home sales index drops to record low level in October
The numbers: Pending-home sales fell 1.5% to a record-low reading of 71.4 in October, according to the monthly index released...
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