Tag: Economic

An apartment building is seen behind an Edenor electric company power distribution plant in Buenos Aires, Argentina, January 30, 2017. REUTERS/Marcos Brindicci/File PhotoArgentina’s major power distribution firms Edenor and Edesur will hike electricity prices by 9% in and around the city of Buenos Aires, the national regulator said on Saturday, the first rise since a…

Please try another search EconomyMay 01, 2021 06:00PM ET © Reuters. FILE PHOTO: A man counts Venezuelan bolivar notes in downtown Caracas CARACAS (Reuters) – The Venezuelan government increased the monthly minimum wage by 289%, an official said on Saturday, moving from the equivalent of 64 U.S. cents to about $2.40 at the exchange rate…

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective.Here are the best personal loans right now:Rates in this post are current as of 05/03/2021.Credit…

NEW YORK, May 3 (Reuters) – Fiscal support, along with vaccinations, is helping the U.S. economy to recover, but it is unlikely that the boom will lead to inflation that is unsustainably high, New York Federal Reserve Bank President John Williams said on Monday.The Fed’s goal is to anchor inflation expectations at 2%, and the…

Please try another search Economy13 hours ago (May 01, 2021 06:00PM ET) © Reuters. FILE PHOTO: A man counts Venezuelan bolivar notes in downtown Caracas CARACAS (Reuters) – The Venezuelan government increased the monthly minimum wage by 289%, an official said on Saturday, moving from the equivalent of 64 U.S. cents to about $2.40 at…

ISLAMABAD, May 1 (Reuters) – Pakistan’s annual consumer price inflation (CPI) rate rose to 11.10% y/y in April, the country’s statistics bureau said on Saturday, up from 9.05% in the previous month.Prime Minister Imran Khan has made several changes to his economic team in the past last month, aiming to bring in policies to control…

Antonio Horta-Osorio CEO of Lloyds Banking Group leaves Downing Street in London, Britain, September 2, 2019. REUTERS/Simon DawsonAntonio Horta-Osorio will need to draw deeply on the lessons he learned in turning around British bank Lloyds (LLOY.L) when he joins Credit Suisse (CSGN.S) as its new chairman on Friday.As one of Europe’s longest-serving bank CEOs, he…

Please try another search Economy1 hour ago (Apr 27, 2021 03:54PM ET) © Reuters. Inflation Expectations Hit Eight-Year High Amid Reopening Cheer (Bloomberg) — A bond-market gauge of U.S. inflation expectations soared to the highest level in almost eight years as oil rose and data painted a picture of a strengthening economic recovery from the…

2/2 © Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) continues in Frankfurt 2/2 By Michael Nienaber BERLIN (Reuters) -The German government raised its growth forecast for Europe’s largest economy to 3.5% from a previous estimate of 3% as it expects household spending to support the recovery once COVID-19 restrictions are lifted, the…

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