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U.S. Congress could be in for bruising debt-ceiling fight after midterms

U.S. Congress could be in for bruising debt-ceiling fight after midterms

© Reuters. FILE PHOTO: An American flag flies outside of the U.S. Capitol dome in Washington, U.S., January 15, 2020. REUTERS/Tom Brenner/File Photo By Richard Cowan and David Morgan WASHINGTON (Reuters) – If Republicans win control of the U.S. House of Representatives in November’s midterm elections, they expect to use a powerful and potentially dangerous…

Nobel prize for economics goes to Bernanke, Diamond, Dybvig for research on financial crises

Nobel prize for economics goes to Bernanke, Diamond, Dybvig for research on financial crises

© Reuters. FILE PHOTO: Former Federal Reserve Chairman Ben Bernanke speaks during a panel discussion at the American Economic Association/Allied Social Science Association (ASSA) 2019 meeting in Atlanta, Georgia, U.S., January 4, 2019. REUTERS/Christopher Aluka Ber By Simon Johnson and Johan Ahlander STOCKHOLM (Reuters) -A trio of U.S. economists including Former Federal Reserve chief Ben…

China’s holiday home sales fall 37.7% y/y

China’s holiday home sales fall 37.7% y/y

4/4 © Reuters. FILE PHOTO: Under-construction apartments are pictured from a building during sunset in the Shekou area of Shenzhen, Guangdong province, China November 7, 2021. REUTERS/David Kirton 2/4 BEIJING (Reuters) – Chinese new home sales by floor area fell 37.7% year-on-year over the week-long National Day holiday starting from Oct. 1, a private survey…