US goods trade deficit narrows in May
WASHINGTON The U.S. trade deficit in goods narrowed in May as imports fell, but the improvement was probably
2023-06-28 20:49
From caterers to cowboy outfitters: Writers' strike hits Hollywood economy
By Lisa Richwine and Dawn Chmielewski LOS ANGELES Before Hollywood writers walked off the job in early May,
2023-06-28 18:29
Euro zone lending takes another hit as rate hikes bite
(Reuters) -Euro zone bank lending slowed in May as a record series of European Central Bank rate hikes work their
2023-06-28 17:48
Pakistan, IMF discuss $2.5 billion standby arrangement -domestic media
ISLAMABAD Pakistan and the International Monetary Fund are discussing a $2.5-billion "standby arrangement" for six to nine months,
2023-06-28 17:27
The White House is selling 'Bidenomics.' Is anyone buying?
President Joe Biden's top economic advisers believe the worst effects of inflation are in the rear-view mirror. They are increasingly confident the economy is heading for a soft-landing, averting a recession. And a growing number of economists are beginning to agree.
2023-06-28 17:16
Australia's consumer inflation hits 13-month low
SYDNEY Australia's consumer inflation slowed to a 13-month low in May, driven by a sharp pullback in fuel,
2023-06-28 10:17
China's deepening slide in industrial profits adds to economic gloom
BEIJING Profits at China's industrial firms tumbled 18.8% year-on-year in the first five months of 2023, data showed
2023-06-28 10:15
One in seven Britons faced hunger in 2022, says food bank charity
By James Davey LONDON One in seven people in the United Kingdom faced hunger last year because they
2023-06-28 08:46
Australia eyes bigger budget surplus but warns economy still slowing
By Renju Jose SYDNEY Australia's budget surplus for 2022/23 will be bigger than the A$4.2 billion ($2.81 billion)
2023-06-28 08:18
Japan to take appropriate steps if weak yen turns excessive -FX tsar
TOKYO Japan's top currency diplomat Masato Kanda warned against the yen's ongoing weakness on Wednesday, saying the authorities
2023-06-28 07:46
Brazil's central bank is causing 'unnecessary noise,' minister says
BRASILIA (Reuters) -Brazil's planning and budget minister, Simone Tebet, said on Tuesday that the country's central bank is causing "unnecessary
2023-06-28 06:58
Biden does not expect a recession, says US economy is 'strong'
WASHINGTON President Joe Biden said on Tuesday the United States economy is "strong now" and he does not
2023-06-28 06:29