By Anthony Esposito and Noe Torres MEXICO CITY (Reuters) – Mexico’s Deputy Finance Minister Gabriel Yorio said on Friday that talk of a “technical recession” in the country doesn’t take into account coronavirus-related economic volatility and global supply chain issues. Mexico’s economy, the second-largest in Latin America, likely shrank 0.2% in December compared with the…
© Reuters. FILE PHOTO: U.S. Senator Sherrod Brown (D-OH) speaks at a meet and greet on his “Dignity of Work” tour in Concord, New Hampshire, U.S., February 9, 2019. REUTERS/Elizabeth Frantz/File Photo NEW YORK (Reuters) – U.S. Senator Sherrod Brown on Friday said he met with President Joe Biden’s three latest nominees for the Federal…
© Reuters. FILE PHOTO: Customers walk past a fruit stall at a street market, in Mexico City, Mexico December 17, 2021. REUTERS/Luis Cortes/File Photo By Shrutee Sarkar BENGALURU (Reuters) – Persistently high inflation will haunt the world economy this year, according to a Reuters poll of economists who trimmed their global growth outlook on worries…
© Reuters. FILE PHOTO: An employee wearing a protective face mask and face guard works on the automobile assembly line at Kawasaki factory of Mitsubishi Fuso Truck and Bus Corp, owned by Germany-based Daimler AG, in Kawasaki, south of Tokyo, Japan May 18, 2020. REUT TOKYO (Reuters) – Japan’s factory output likely slid in December…
© Reuters. FILE PHOTO: Sarah Bloom Raskin, in her role as deputy Treasury secretary in October 2014, participates in an open meeting of the President’s Advisory Council on Financial Capability for Young Americans at the Treasury Department in Washington, October 2, By Andrea Shalal WASHINGTON (Reuters) -The U.S. Chamber of Commerce on Thursday sent an…
© Reuters. FILE PHOTO: Gold bullion is displayed at GoldSilver Central’s office in Singapore June 19, 2017. REUTERS/Edgar Su/File Photo By Peter Hobson LONDON (Reuters) – Global demand for gold rose 10% last year but remained well below its level before the COVID-19 pandemic amid slack investor demand, the World Gold Council (WGC) said in…
© Reuters. FILE PHOTO: A general view shows the eastern Swiss Alps, Lake Zurich and the city of Zurich, Switzerland, April 8, 2021. REUTERS/Arnd Wiegmann//File Photo By John Revill ZURICH (Reuters) -Swiss banks have criticised planned new measures designed to cool the country’s red hot property market, saying the steps were unnecessary and would do…
© Reuters. FILE PHOTOS: Signs of JP Morgan Chase Bank, Citibank and Wells Fargo & Co. bank are seen in this combination photo from Reuters files. REUTERS/File Photos By David Henry NEW YORK (Reuters) – U.S. banks will enjoy stronger growth this year from their “bread-and-butter” business of taking deposits and lending money as the…
© Reuters. FILE PHOTO: U.S. President Joe Biden answers questions from reporters in the East Room of the White House in Washington, U.S., August 10, 2021. REUTERS/Evelyn Hockstein/File Photo WASHINGTON (Reuters) – U.S. President Joe Biden welcomed the strong GDP growth figure released on Thursday, saying his economic plan is working and urging Congress to…
WASHINGTON (Reuters) – Contracts to buy U.S. previously owned homes fell for a second straight month in December amid record low inventory. The National Association of Realtors (NAR) said on Thursday its Pending Home Sales Index, based on signed contracts, dropped 3.8% last month to 117.7. Pending home sales fell in all four regions. Economists…
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