Browsing: Economy

By Lucia Mutikani WASHINGTON (Reuters) – U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that…

By Nivedita Balu TORONTO (Reuters) – After a sharp rise in mortgage repayment terms over the past few quarters, Canadian banks’ home loans past 30 years…

BEIJING/SHANGHAI (Reuters) -Chinese President Xi Jinping said on Saturday that China would widen market access in the service industry and promote cross-border services trade. Speaking via…

(Reuters) – Russian unemployment hit a new record low in June and real wages rose by 10.5% year on year in further evidence of a tight…

By Lisa Pauline Mattackal (Reuters) – The Federal Reserve can end its interest rate hiking cycle if the labor market and economic growth continue to slow…

(Reuters) -The U.S. Department of Energy will provide $95 million to Hawaiian Electric through the Bipartisan Infrastructure Law to strengthen the power grids on Hawaii’s wildfire-ravaged…

By Prerana Bhat BENGALURU (Reuters) – A short U.S. housing market correction is now over, according to property analysts polled by Reuters who have wiped out…

By Giselda Vagnoni ROME (Reuters) – Piero Cipollone, Italy’s choice for the European Central Bank’s executive board, has a reputation for discreetly helping Rome’s eurosceptic government…

(Reuters) -The Federal Reserve has issued a slew of private warnings to lenders with assets of $100 billion to $250 billion as part of increased efforts…

The numbers: Commercial and industrial loans — a key economic driver — fell by $2.4 billion, dropping to $2.76 trillion, in the week ending Aug. 23,…