Summers Warns on Inflation Complacency, Sees More Bond Declines
Former Treasury Secretary Lawrence Summers warned against any sense of achievement by policymakers in bringing inflation down notably
2023-07-08 08:27
Rivian's stock rallies to highest in 2023 after posting strong deliveries
By Chibuike Oguh NEW YORK (Reuters) -Shares of Rivian Automotive surged more than 18% on Friday as it continued to
2023-07-08 02:23
US labor secretary sees no need for now to step into talks between UPS, Teamsters
By Kanishka Singh WASHINGTON Acting U.S. Labor Secretary Julie Su said on Friday she does not see a
2023-07-07 23:24
Chile’s Prices Unexpectedly Fall, Paving Way for Rate Cut
Chile’s consumer-price index unexpectedly fell in June, fueling bets that the central bank will start lowering its benchmark
2023-07-07 22:26
Taiwan Exports Plunge at Fastest Pace in 14 Years on Demand Woes
Taiwan’s exports plunged in June at the fastest pace since 2009, exacerbating concerns about the slump in global
2023-07-07 17:29
Yellen Says US-China Rivalry Not a ‘Winner-Take-All’ Situation
US Treasury Secretary Janet Yellen said competition between the world’s biggest economies is not a “winner-take-all” situation, and
2023-07-07 16:57
German Production Drops as Factory Weakness Weighs on Growth
German industrial production unexpectedly fell in May, casting a shadow over the recovery in Europe’s largest economy from
2023-07-07 14:28
Lagarde Says ECB Won’t Stand Idly By If Margins and Wages Rise
The European Central Bank won’t hesitate to act if officials see a simultaneous uptick in both company margins
2023-07-07 14:25
Japanese workers are finally seeing their pay jump
Wages in the world's third largest economy grew at the fastest pace in 28 years in May.
2023-07-07 12:20
Tesla Starts to Lay Off Some Battery Workers at China Factory
Tesla Inc. is laying off some battery production workers at its Shanghai plant, people familiar with the matter
2023-07-07 11:47
Japan Wage Growth Doubles Estimates, Feeding BOJ Speculation
Japanese workers’ wages jumped by more than twice the pace expected by economists as annual pay hikes fed
2023-07-07 09:45
Brazil’s Congress Advances First Major Tax Overhaul in Decades
Brazil’s lower house gave preliminary approval to a proposal to overhaul the country’s labyrinthine tax rules, a goal
2023-07-07 09:18