© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC By Ann Saphir, Jonnelle Marte and Howard Schneider (Reuters) -The U.S. economy is set to take off this year as more Americans get COVID-19 vaccinations and become comfortable engaging in a wider range of activities, but any accompanying spike in inflation is…
BEIJING (Reuters) – New bank loans in China rose more expected in March from the previous month due to strong corporate and household demand, as the central bank walks a tightrope between supporting the rapidly recovering economy and containing debt risks. Chinese banks extended 2.73 trillion yuan ($416.62 billion)in new yuan loans in March, up…
No results matched your search EconomyApr 05, 2021 01:15PM ET © Reuters. FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County (Reuters) -Shares of Pioneer Natural Resources (NYSE:) declined more than 6% as the U.S. oil producer’s $6.4 billion acquisition of rival DoublePoint Energy months…
2/2 © Reuters. FILE PHOTO: U.S. President Biden holds first Cabinet meeting at the White House in Washington 2/2 By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden plans to meet with a bipartisan group of U.S. House and Senate lawmakers on Monday on his proposed $2.3 trillion infrastructure and jobs plan, the White House…
No results matched your search Economy6 hours ago (Apr 11, 2021 01:45AM ET) © Reuters. Senior Deputy Governor of the Bank of Italy, Fabio Panetta is seen standing in a corridor of the Bank of Italy ahead of his appointment to the European Central Bank’s executive committee FRANKFURT (Reuters) – The European Central Bank should…
No results matched your search EconomyApr 09, 2021 04:20PM ET © Reuters. FILE PHOTO: New York Stock Exchange (NYSE) building after the start of Thursday’s trading session in New York By Chuck Mikolajczak (Reuters) – The and the Dow rose on Friday to close at record highs, posting a third straight weekly rise partly on…
© Reuters. FILE PHOTO: FILE PHOTO: The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City By Thyagaraju Adinarayan and Sujata Rao LONDON (Reuters) – Equity funds have attracted more than half a trillion dollars in the past five months, exceeding inflows recorded over the previous 12 years,…
© Reuters. FILE PHOTO: A participant stands near a logo of World Bank at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua By David Lawder WASHINGTON (Reuters) – The World Bank Group will have committed $2 billion in financing by the end of April for COVID-19 vaccines in some 40…
2/2 © Reuters. FILE PHOTO: President Biden speaks about jobs and the economy from the White House in Washington 2/2 By Trevor Hunnicutt WASHINGTON (Reuters) – U.S. President Joe Biden asked Congress to sharply hike spending on climate change, cancer and underperforming schools, but his first budget wishlist on Friday drew howls of bipartisan concern…
No results matched your search Economy8 hours ago (Apr 08, 2021 04:15PM ET) By Jamie McGeever BRASILIA (Reuters) – Brazil’s benchmark Selic interest rate is set to reach its neutral level next year, a central bank director said on Thursday, adding that policymakers’ baseline scenario is for a Selic of 3% in real terms, or…