Browsing: Economy

By Chris Helgren and Steve Scherer VANCOUVER (Reuters) – Dock workers on Canada’s Pacific coast said they have revoked a strike notice issued for Saturday, after…

Americans are running out of savings. Christophe Barraud, chief economist and strategist of Market Securities and someone who regularly appears among the ranks of the top…

Investing.com — The People’s Bank of China held its benchmark lending rate steady on Thursday as expected, although focus remained on any future cuts as an…

Former Federal Reserve Chairman Ben Bernanke on Thursday said it was clear that the Fed will raise interest rates next week but after that the outlook…

SHANGHAI/SINGAPORE (Reuters) -China left its lending benchmarks unchanged on Thursday, after the central bank stood pat on a key policy rate earlier this week even as…

As China’s economic recovery continues to underwhelm, observers’ sights are turning from the country’s intractably weak consumer sector to the more worrying downturn in the enormous…

By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – Bank Indonesia (BI) will keep its key interest rate unchanged at 5.75% next week and leave it there…

President Joe Biden on Thursday touted the first sale of offshore-wind-power leases in the Gulf of Mexico as he spoke to workers in the key battleground…

U.S. mortgage rates inched lower this week, backing off from an eight-month high as inflation showed welcome signs of cooling.  Mortgage buyer Freddie Mac said Thursday…

SYDNEY (Reuters) – Australia’s biggest telecommunications company Telstra (OTC:) said on Thursday it planned to cut nearly 500 jobs due to changes from digitisation and automation,…