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Economy

Economy

IRS says taxpayer service will suffer if Congress cuts modernization funds

By David Lawder WASHINGTON (Reuters) – The Internal Revenue Service said on Friday it will launch the 2025 tax filing season on…
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Economy

Explainer-What happens after the TikTok ban?

By Sheila Dang (Reuters) -The U.S. Supreme Court justices on Friday expressed skepticism about a challenge from TikTok and its Chinese parent…
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Economy

Jobs report fuels Treasury yield surge as markets brace for 5% threshold

By Davide Barbuscia NEW YORK (Reuters) – A recent surge in U.S. Treasury yields may gain even more momentum after a strong…
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Economy

IMF chief sees steady world growth in 2025, continuing disinflation

By Andrea Shalal WASHINGTON (Reuters) -The International Monetary Fund will forecast steady global growth and continuing disinflation when it releases its World…
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Economy

Macquarie says Canada employment report deserves added caution

On Friday, Macquarie economists said that the latest employment report from Canada deserves added caution. The report, which showed a significant increase…
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Economy

Bankers hope for IPO revival in 2025 as high-profile listings stack up

By Echo Wang, Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Investment bankers are gearing up for a pickup in dealmaking…
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Economy

Rosy wage outlook, weak yen drawing BOJ attention to inflation risks

By Leika Kihara TOKYO (Reuters) – Prospects of sustained wage gains in Japan and the boost to import costs from a weak…
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Economy

Goldman on the UK gilt selloff

Investing.com – UK government bonds, known as gilts, have sold off dramatically over the last week, pushing the associated yields to their…
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Economy

US equity funds see outflows on caution over Fed policy uncertainty

(Reuters) – U.S. investors pulled out of equity funds and moved to the safety of money market funds in the week to…
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Economy

Inflation report could rattle markets after bond yields climb

By Lewis (JO:LEWJ) Krauskopf NEW YORK (Reuters) – U.S. inflation data in the coming week could test the nerves of stock investors…
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