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Economy

Economy

US data has Fed striding toward rate cut next week, and tip-toeing into 2025

By Howard Schneider WASHINGTON (Reuters) – Investors view it as a near given that the U.S. Federal Reserve will cut interest rates…
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Economy

Germany faces lethargic growth, potential hit from Trump, Bundesbank says

FRANKFURT (Reuters) – Germany’s economy will shrink for the second year in a row this year and its recovery will be lacklustre,…
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Economy

India’s November retail inflation eases, boosts rate cut hopes

By Nikunj Ohri NEW DELHI (Reuters) -India’s retail inflation eased in November as soaring vegetable prices moderated, boosting expectations of an interest…
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Economy

Pope Francis calls for new global accords on debt, military spending

By Joshua McElwee VATICAN CITY (Reuters) -Pope Francis called on Thursday for new international agreements to reduce the debt burden faced by…
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Economy

Trump crypto venture partners with platform linked to Middle East militants

(Reuters) – A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has…
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Economy

India’s October industrial output at 3-month high of 3.5% y/y

NEW DELHI (Reuters) – India’s industrial output rose 3.5% year-on-year in October, government data showed on Thursday. Economists polled by Reuters had…
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Economy

China vows to issue more debt, cut interest rates next year

By Ellen Zhang and Kevin Yao BEIJING (Reuters) – China pledged on Thursday to increase the budget deficit, issue more debt and…
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Economy

Bank of Canada cuts main interest rate to 3.25%

OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest…
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Economy

Nasdaq hits 20,000 for first time as AI rally rages on

(Reuters) – The Nasdaq breached the 20,000-point mark on Wednesday, as a rally in technology stocks showed no signs of slowing on…
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Economy

Health care execs seek to better understand patient outrage after UnitedHealthcare killing

NEW YORK (Reuters) – Health care companies are taking a step back to better understand patients’ experiences after a powerful U.S. health…
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