Tag: Economic

The reason has to do with politically expedient, but fiscally shortsighted policies…

© Reuters. A security guard stands next to the logo of the Reserve Bank of India (RBI) inside its headquarters in Mumbai, India, February 8, 2023. REUTERS/Francis Mascarenhas   GS +0.19% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount:…

© Reuters. FILE PHOTO: JP Morgan CEO Jamie Dimon delivers a speech during the inauguration the new French headquarters of JP Morgan bank in Paris, France June 29, 2021. Michel Euler/Pool via REUTERS/File Photo   GS +0.19% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio…

The Detroit giant may not have to lower the price of the Cadillac Lyriq, which now is eligible for the new federal tax credit of $7,500…

Non-farm payrolls jumped 517,000 last month, and the unemployment rate fell to a 53-year low…

© Reuters. FILE PHOTO: A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021. REUTERS/Andrew Kelly/File Photo   US500 -1.04% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY…

© Reuters. A general view of the business district during rush hour traffic jams in Jakarta, Indonesia, August 4, 2022. REUTERS/Willy Kurniawan/Files JAKARTA (Reuters) – Indonesian President Joko Widodo said the economy is expected to record growth of 5.2%-5.3% for last year. Official 2022 gross domestic product data will be released next week. The government’s…

© Reuters. FILE PHOTO: Shoppers walk through a retail district in the wake of coronavirus disease (COVID-19) lockdown restrictions being eased in Auckland, New Zealand, November 10, 2021. REUTERS/Fiona Goodall By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s jobless rate held just above historic lows and wage inflation hit a three-decade high but there are…

2/2 © Reuters. FILE PHOTO: A worker assembles an air drill at the factory of manufacturer Katsui Kogyo in Higashiosaka, Japan June 23, 2022. REUTERS/Sakura Murakami/File Photo 2/2   TM -1.35% Add to/Remove from Watchlist Add to Watchlist Add Position Position added successfully to: Please name your holdings portfolio Type: BUY SELL Date:   Amount:…

&copy Bloomberg. Janet Yellen at the US Treasury Department in Washington, DC, on Jan. 10. (Bloomberg) — US Treasury Secretary Janet Yellen said persistently weak inflation is likely to return as a long-term challenge for the economy and policymakers once pandemic-era distortions behind the recent surge subside and prices cool. “We’re just coming through an…