Browsing: Economy

As President Joe Biden and House Speaker Kevin McCarthy prepare to meet Monday afternoon over the debt-ceiling standoff, it’s really getting to be crunch time. “We…

LONDON (Reuters) – The European Central Bank must continue its fight to tame inflation “with determination” because wages are rising, fiscal policy is too generous and…

Minneapolis Fed President Neel Kashkari wants bank ownership to put more of its own money on the line so that U.S. taxpayers don’t have to cover…

By Doina Chiacu and David Lawder WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen told bank CEOs on Thursday that more mergers may be necessary after a…

(This May 18 story has been corrected to say that the company will reduce its global workforce by 30%, not the U.S. workforce, in paragraph 1)…

President Joe Biden on Sunday called for Republicans to agree to compromises in debt-ceiling negotiations, as he wrapped up a visit to Japan for a G-7…

JOHANNESBURG (Reuters) – Ghana’s Finance Minister Ken Ofori-Atta said on Friday that the first $600 million tranche of a $3 billion, three-year extended credit facility has…

President Joe Biden said Sunday that he believes he has the authority to invoke the 14th Amendment to resolve the debt-ceiling crisis, but that it may…

SAO PAULO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Friday that a change in the timeline for meeting the inflation target will be discussed…

Minneapolis Fed President Neel Kashkari says he’s open to pausing rate hikes at the Fed’s next meeting in order to buy time to assess the inflation outlook…