Browsing: Economy
In the wake of escalating operational risks and retaliatory measures from China, G7 nations, along with businesses such as Dell (NYSE:), Apple (NASDAQ:), HP (NYSE:), and…
The Biden administration may close a loophole to deny Chinese companies from buying American-made AI chips through overseas subsidiaries, according to a new report. Reuters reported…
The World Bank’s chief economist has issued a warning about an impending global economic slowdown, primarily driven by high public and private debt levels accumulated in…
By Joe Cash BEIJING (Reuters) – China’s exports likely contracted at a slower pace for a second consecutive month in September, a Reuters poll showed on…
U.S. stock indexes finished lower on Thursday to end a four-session winning streak as rising Treasury yields continued to pressure equities after data showed inflation remained…
MARRAKECH, Morocco (Reuters) – World Bank President Ajay Banga said on Wednesday interest rates will likely stay higher for longer and complicate investments for companies across…
The numbers: Initial jobless claims were flat at 209,000 in the week ended Oct. 12, the Labor Department said Thursday. Economists polled by The Wall Street…
(Reuters) – Federal Reserve Governor Michelle Bowman on Wednesday repeated her view that despite “some progress” on inflation, the U.S. central bank will probably need to…
As much of the U.S. economy struggles with the burden of rising interest rates, many top investors are questioning the wisdom of buying U.S. Treasurys —…
In a significant move towards addressing climate change, the World Bank, under President Ajay Banga, announced on Wednesday a substantial reduction in fossil fuel funding while…