Tag: Economic

© Reuters. A man walks with a shopping cart through the Paloquemao market square, amid inflation reaching the highest figures in years, in Bogota, Colombia October 7, 2022. REUTERS/Luisa Gonzalez BOGOTA (Reuters) -The technical team of Colombia’s central bank on Wednesday lowered its outlook for inflation in 2023 to 9%, from 9.5% previously, and cut…

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© Reuters. FILE PHOTO-Onions are displayed at a stall at a public market in Manila, Philippines, January 28, 2023. REUTERS/Lisa Marie David/File Photo MANILA (Reuters) – Philippine headline inflation was expected to ease for a sixth straight month with the central bank on Monday projecting the rate in July to come in between 4.1% and…

The rapper G Herbo pleaded guilty Friday to his role in a scheme that used stolen credit card information to pay for a lavish lifestyle including private jets, exotic car rentals, a luxury vacation rental and even expensive designer puppies.Under a deal with prosecutors, the 27-year-old Chicago rapper, whose real name is Herbert Wright III,…

© Reuters. FILE PHOTO: View of a construction site for a train station on the Sydney Metro, Australia July 22, 2021. REUTERS/Sam Holmes By Stella Qiu SYDNEY (Reuters) -Australian inflation slowed more than expected in the second quarter thanks to falls in the cost of domestic holidays and petrol, suggesting less pressure for another hike…

© Reuters. FILE PHOTO: Japan’s vice minister of finance for international affairs, Masato Kanda, poses for a photograph during an interview with Reuters at the Finance Ministry in Tokyo, Japan January 31, 2022. Picture taken January 31, 2022. REUTERS/Issei Kato By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -Japan’s inflation will likely slow to around…

Stock futures slip lower with jobs data on deck; Wage growth in focus for June payroll report; Twitter sends Meta ‘cease-and-desist’ letter following Threads debut; Levi Strauss slumps after mixed Q2 earnings, softer profit outlook and Costco slips lower following muted June sales update…

3/3 © Reuters. FILE PHOTO: A view shows placards as longshoremen with the International Longshore and Warehouse Union Canada (ILWU) strike outside the Port of Vancouver’s Neptune Bulk Terminals in North Vancouver, British Columbia, Canada July 5, 2023. REUTERS/Chris He 2/3 By Fergal Smith TORONTO (Reuters) -The Canadian dock workers strike is another factor for…

© Reuters. FILE PHOTO: A logo of Turkey’s Central Bank is pictured at the entrance of its headquarters in Ankara, Turkey October 15, 2021. REUTERS/Cagla Gurdogan/File Photo By Orhan Coskun, Ezgi Erkoyun and Huseyin Hayatsever ANKARA (Reuters) – Turkey will continue its monetary policy U-turn, which began with a sharp post-election rate hike last month,…

© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a joint press conference with Kristalina Georgieva, Managing Director of the International Monetary Fund, William Ruto, President of Kenya, French President Emmanuel Macron, and World Bank Pre By David Lawder (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that the U.S. economy is…