Economy News

By Lucia Mutikani WASHINGTON (Reuters) - U.S. job openings increased solidly in October while layoffs dropped by the most in 1-1/2 years, suggesting the labor market continued to...

MANCHESTER, England (Reuters) - Regional mayors across England will be given new powers to boost economic growth and attract investment, British finance minister Rachel Reeves...

HANOI (Reuters) - A court in Vietnam on Tuesday upheld a death sentence for real estate tycoon Truong My Lan after rejecting her appeal against a conviction for embezzlement and...

By Arasu Kannagi Basil and Jaiveer Shekhawat (Reuters) -Software startup ServiceTitan is seeking a valuation of up to $5.16 billion in its U.S. initial public offering, it said on...

By Howard Schneider WASHINGTON (Reuters) - U.S. inflation is likely on a steady path back to the U.S. central bank's 2% target, Federal Reserve Governor Adriana Kugler said on...

By David Shepardson WASHINGTON (Reuters) - U.S. passenger railroad Amtrak said on Tuesday ridership topped 2019 pre-COVID levels for the first time in 2024 and reached a record...

BRUSSELS (Reuters) - The European Commission called on Tuesday for an additional 1 billion euros ($1.1 billion) of EU funds to be made available to support electric vehicle...

By Judith Langowski (Reuters) - California’s Democratic Governor Gavin Newsom on Monday announced he is seeking up to $25 million in additional funding for legal fights with the...

By David Lawder WASHINGTON (Reuters) - The World Bank on Tuesday said developing countries spent a record $1.4 trillion to service their foreign debts in 2023 as interest costs...

By Douglas Gillison (Reuters) - The sale of Americans' private information by "data brokers" to scammers, foreign adversaries, abusive domestic partners and other unscrupulous...

By Giuseppe Fonte ROME (Reuters) - The European Union needs to set up a common spending programme to fund strategic investments that are indispensable to boost productivity and...

By Sudip Kar-Gupta and Elizabeth Pineau PARIS (Reuters) - French lawmakers will vote on Wednesday on no-confidence motions which are all but certain to oust the fragile coalition...

By Jamie McGeever ORLANDO, Florida (Reuters) -President-elect Donald Trump's latest threat to slap huge tariffs on countries that try to move away from the "mighty U.S. dollar"...

By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) - The Russian central bank is set to raise its benchmark interest rate by another 200 basis points to 23% at its Dec. 20...

(Reuters) -A slew of automotive companies across Europe have announced plant closures and big layoffs recently as they struggle with weak demand, high costs, competition from...

Investing.com -- Deutsche Bank (ETR:DBKGn) has revised its projections for the UK economy, signaling a slower growth trajectory in 2025. In a note released Tuesday, the bank...

By Steven Scheer JERUSALEM (Reuters) - Israeli Finance Minister Bezalel Smotrich said on Tuesday he expects parliament to hold its initial vote on a 2025 state budget delayed by...

By Eduardo Baptista BEIJING (Reuters) -China has banned exports to the U.S. of some goods containing critical minerals while tightening exports on others, after U.S. curbs a day...

By Karin Strohecker and Sumanta Sen LONDON (Reuters) - Monetary easing by central banks across developed and emerging economies trundled along in November with markets warily...

FRANKFURT (Reuters) - Import tariffs expected to be implemented by the administration of U.S. President-elect Donald Trump could lower economic growth and inflation in the 20...

Investing.com -- Futures are little changed on Tuesday after a mixed close on Wall Street in the previous session. Tesla CEO Elon Musk’s controversial pay deal has been struck down...

By Angelo Amante and Giuseppe Fonte ROME (Reuters) -Italy's government is ready to use its special vetting powers if UniCredit's proposed takeover of smaller rival Banco BPM goes...

Investing.com-- A renewed U.S.-China trade conflict may be on the horizon as President-elect Donald Trump threatens new tariffs on Chinese imports, Bank of America (BofA) analysts...

By Elizabeth Pineau and Ingrid Melander PARIS (Reuters) - The French government is all but certain to collapse later this week after far-right and left-wing parties submitted...

CANBERRA/SYDNEY (Reuters) - China has lifted trade restrictions on two Australian meat processing facilities, allowing the full resumption of red meat exports to the country, the...

Investing.com-- China’s economy appears poised to meet its 2024 economic growth target as recent government measures show signs of bolstering key sectors, ANZ Research said on...

By Patricia Zengerle (Reuters) -The United States will send Ukraine $725 million of missiles, ammunition, anti-personnel mines and other weapons, Secretary of State Antony Blinken...

Investing.com -- Federal Reserve Bank of New York President John Williams on Monday signaled support for more rate interest rate cuts over time as monetary policy remains...

By Howard Schneider WASHINGTON (Reuters) - Federal Reserve Governor Christopher Waller, whose views are often a bellwether for U.S. monetary policy, said on Monday that with...

By Michael S. Derby NEW YORK (Reuters) - Federal Reserve Bank of New York President John Williams said on Monday the U.S. central bank is likely to lower its interest rate target...

By David Morgan and Bo Erickson WASHINGTON (Reuters) -The Democratic-led U.S. Senate returned on Monday for a showdown with the Republican-controlled House of Representatives over...

Investing.com -- Federal Reserve Governor Christopher Waller said Monday he was leaning toward supporting an interest rate cut at the December meeting amid expectations for...

(Reuters) - The International Monetary Fund's executive board has approved the third review of Ghana's $3 billion lending programme, unlocking the disbursement of about $360...

By Marcela Ayres BRASILIA (Reuters) - Brazil's government has committed to adjusting corporate income tax as part of broader reform discussions, the country's deputy finance...

By Howard Schneider (Reuters) - Atlanta Federal Reserve President Raphael Bostic said on Monday he has an open mind about whether to cut interest rates again at the Fed's December...