(Reuters) -The Federal Reserve should slow the pace of its rate increases in order to assess the impact of its…
Biden cites progress in tackling U.S. inflation
(Reuters) – The United States is seeing initial signs of progress in tackling inflation, President Joe Biden said after U.S.…
U.S. construction spending falls in October on single family housing
WASHINGTON(Reuters) – U.S. construction spending fell in October, pulled down by continued weakness in single-family homebuilding amid higher mortgage rates.…
U.S. manufacturing sector contracts in November – ISM
WASHINGTON (Reuters) – U.S. manufacturing activity contracted for the first time in 2-1/2 years in November as higher borrowing costs…
Germans spending less as soaring power, food costs gnaw finances
By Mathis Richtmann BERLIN (Reuters) – For 25 years, Theo Jost served the German Christmas dish of goose in his…
India economy likely to grow 6.5%-7% next fiscal year -govt adviser
By Shivangi Acharya NEW DELHI (Reuters) – The Indian economy is likely to grow 6.5% to 7% next fiscal year…
Euro zone banks not facing up to reality of downturn, ECB says
FRANKFURT (Reuters) – Euro zone banks have not yet fully faced up to the reality of an economic downturn, so…
Euro zone factory downturn eased in November, inflationary pressures moderated
LONDON (Reuters) – The downturn in manufacturing activity across the euro zone eased in November, according to a survey which…
Asian FX bulls loom on signs of slowing Fed rate hikes, China reopening: Reuters poll
By Savyata Mishra (Reuters) – Investors turned modestly bullish on currencies of South Korea, Malaysia and Thailand, supported by prospects…
U.S. Treasury’s Yellen ‘practiced and practiced’ her signature for U.S. bills
NEW YORK (Reuters) – U.S. Treasury Secretary Janet Yellen said she “practiced and practiced” writing the signature that will soon…