NY Fed in-house forecasts points to better economic outlook for U.S
By Michael S. Derby NEW YORK The New York Fed’s in-house economic forecasting model is predicting a notably
2023-06-16 22:47
Major banks cut China 2023 GDP forecasts as recovery falters
BEIJING Four major Western banks have cut their 2023 gross domestic product (GDP) growth forecasts for China after
2023-06-16 13:17
Yen falls after BOJ stands pat; hawkish ECB and soft US data dent dollar
By Rae Wee SINGAPORE The yen lost ground after the Bank of Japan on Friday maintained ultra-low interest
2023-06-16 11:53
What are junk fees and how might Biden tackle them?
The president says airlines, banks, hotels and concert vendors are playing Americans "for suckers".
2023-06-16 09:58
iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
2023-06-16 05:52
Russian officials seek to streamline budget spending, but disagree on tax hikes
By Darya Korsunskaya and Alexander Marrow MOSCOW Faced with a $42 billion budget hole so far this year,
2023-06-15 22:58
Dollar gains after Fed hike hint; yen tumbles
By Samuel Indyk London The U.S. dollar strengthened on Thursday after the Federal Reserve left borrowing costs unchanged
2023-06-15 16:28
Bears retreat on Asian FX, but ringgit and yuan stuck in tight grip: Reuters poll
By Sameer Manekar Investors cut back short bets on emerging Asian currencies as most local central banks maintained
2023-06-15 14:18
Workers Resisting the Office Grind Are Suddenly Lonely at Home
Three years after the pandemic closed down offices around the world, the remote-work revolution has morphed into a
2023-06-15 12:22
New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:50
Japan govt says volatile forex market 'undesirable'
TOKYO Japan's top government spokesperson said on Thursday that volatile moves in the currency markets were undesirable and
2023-06-15 10:58
Supreme Court could soon rule on Biden's student loan forgiveness program. Here's what borrowers need to know
Millions of borrowers may learn soon whether they could receive up to $20,000 in debt relief under President Joe Biden's student loan forgiveness program. The fate of the debt cancellation program lies with the Supreme Court, which is expected to rule in late June or early July.
2023-06-14 17:25