Tag: Economic

The Bank of Japan is set to predict for the first time that inflation will remain well short of its 2% target beyond Governor Haruhiko Kuroda’s term through early 2023, say sources familiar with its thinking.The central bank is also expected to trim this fiscal year’s inflation forecast reflecting cuts in cellphone charges, the sources…

Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until June 15, 2021 to file lead plaintiff applications in a securities class action lawsuit against Credit Suisse Group AG (CS) – Get Report, if they purchased the Company’s American Depositary Receipts…

Spanish bullfighter Octavio Chacon performs a pass to a bull during the last bullfight of the San Fermin festival in Pamplona, Spain, July 14, 2019. REUTERS/Susana Vera/File PhotoCrowds will return to Madrid’s Las Ventas bullring for the first time since the start of the coronavirus pandemic next month for a charity bullfight to raise money…

© 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…

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…

Goldman Sachs plans to hire 200 to 300 engineers in its consumer business this year. It signed a contract this month to bring on 14 cloud engineers, a spokesman told Insider.  The plans come after a year when a surge in staff exits and senior manager turnover hit the consumer unit. See more stories on…

FILE PHOTO: The logo of Swiss bank Credit Suisse is seen at a branch office in Bern, Switzerland October 28, 2020. REUTERS/Arnd Wiegmann/File Photo(Reuters) – The U.S. brokerage subsidiary of Credit Suisse Group AG has disclosed that former employees’ personal data was leaked last month and that it had filed a lawsuit over the matter,…

BRUSSELS, April 9 (Reuters) – Greece on Friday secured approval from EU competition regulators to extend its “Hercules” bad loan reduction scheme to help banks reduce the mountain of impaired credit burdening their balance sheets.The scheme was launched in October 2019 to help the country’s banks offload up to 30 billion euros of bad loans…

No results matched your search Economy8 hours ago (Apr 08, 2021 04:55PM ET) © Reuters. FILE PHOTO: Senate Banking Committee hearing on Capitol Hill, Washington By Ann Saphir and Howard Schneider (Reuters) -The U.S. Federal Reserve plans to keep its super-easy policy in place even as data shows the economy kicking into higher gear, with…

Manchin suggested he may thwart Democratic attempts to bypass Republicans in Congress more than once. “I simply do not believe budget reconciliation should replace regular order in the Senate,” Manchin wrote in a Post op-ed. It comes as the White House weighs the path ahead for a massive infrastructure plan. See more stories on Insider’s…