Browsing: Economy

Construction spending rose in August, as companies and the government ramped up projects across the U.S. Spending on construction projects rose 0.5% in August to $1.98…

The looming U.S. government shutdown could disrupt the release of September’s Consumer Price Index (CPI), a vital inflation metric, leading to potential reliance on an alternative…

Story developing. Stay tuned for updates here. The numbers: A barometer of business conditions at American factories contracted in September for the 11th month in a row,…

By David Randall NEW YORK (Reuters) – Big positions in a handful of stocks helped a select number of U.S. value and small-cap funds rocket higher…

The U.K.’s chancellor of the exchequer, Jeremy Hunt, on Monday outlined plans to lift Britain’s minimum wage.  In a speech to the Conservative Party conference in…

(Reuters) – The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove…

By Anirban Sen and Anousha Sakoui NEW YORK (Reuters) – Mergers and acquisitions activity globally showed few signs of improvement in the third quarter but a…

Bank of America Corp (NYSE:). strategists Yingchen Li and Ian Rogow have suggested that wealthy New Yorkers may find more returns in municipal bonds than corporate…

By Juveria Tabassum (Reuters) -Cruise operator Carnival (NYSE:) narrowed its annual loss forecast and swung to a third-quarter profit thanks to higher ticket pricing and robust…

By Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) -Colombia’s central bank on Friday held the benchmark interest rate at 13.25% for the third time in a…