Browsing: Economy

Story developing. Stay tuned for updates here. The numbers: A barometer of business conditions at American factories contracted in September for the 11th month in a row,…

By David Randall NEW YORK (Reuters) – Big positions in a handful of stocks helped a select number of U.S. value and small-cap funds rocket higher…

The U.K.’s chancellor of the exchequer, Jeremy Hunt, on Monday outlined plans to lift Britain’s minimum wage.  In a speech to the Conservative Party conference in…

(Reuters) – The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove…

By Anirban Sen and Anousha Sakoui NEW YORK (Reuters) – Mergers and acquisitions activity globally showed few signs of improvement in the third quarter but a…

Bank of America Corp (NYSE:). strategists Yingchen Li and Ian Rogow have suggested that wealthy New Yorkers may find more returns in municipal bonds than corporate…

By Juveria Tabassum (Reuters) -Cruise operator Carnival (NYSE:) narrowed its annual loss forecast and swung to a third-quarter profit thanks to higher ticket pricing and robust…

By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) -Colombia’s central bank on Friday held the benchmark interest rate at 13.25% for the third time in a…

Invesitng.com — Bank deposits, and lending rose in the week ended Sep. 20, the latest data Friday from the Fed showed. Deposits at large U.S. banks…

Rep. Matt Gaetz said Sunday he will try to remove House Speaker Kevin McCarthy, a fellow Republican, from his leadership position this week after McCarthy relied on Democratic…