Browsing: Economy

BEIJING/SHANGHAI (Reuters) -Chinese President Xi Jinping said on Saturday that China would widen market access in the service industry and promote cross-border services trade. Speaking via…

(Reuters) – Russian unemployment hit a new record low in June and real wages rose by 10.5% year on year in further evidence of a tight…

By Lisa Pauline Mattackal (Reuters) – The Federal Reserve can end its interest rate hiking cycle if the labor market and economic growth continue to slow…

(Reuters) -The U.S. Department of Energy will provide $95 million to Hawaiian Electric through the Bipartisan Infrastructure Law to strengthen the power grids on Hawaii’s wildfire-ravaged…

By Prerana Bhat BENGALURU (Reuters) – A short U.S. housing market correction is now over, according to property analysts polled by Reuters who have wiped out…

By Giselda Vagnoni ROME (Reuters) – Piero Cipollone, Italy’s choice for the European Central Bank’s executive board, has a reputation for discreetly helping Rome’s eurosceptic government…

(Reuters) -The Federal Reserve has issued a slew of private warnings to lenders with assets of $100 billion to $250 billion as part of increased efforts…

The numbers: Commercial and industrial loans — a key economic driver — fell by $2.4 billion, dropping to $2.76 trillion, in the week ending Aug. 23,…

Despite the Federal Reserve’s attempt to combat crippling inflation, one expert argued the latest jobs report and inflation data indicate the central bank is “not making…

(Reuters) – United States Commerce Secretary Gina Raimondo has said U.S. companies have raised concerns that China has become “uninvestible”, pointing to fines, raids and other…