Tag: finance

2/2 © Reuters. FILE PHOTO: Flags fly outside 85 Broad St., the Goldman Sachs headquarters in New York’s financial district, January 20, 2010. REUTERS/Brendan McDermid 2/2 By Caroline Valetkevitch NEW YORK (Reuters) – BofA Securities economists see roughly a 40% chance of a U.S. recession next year, with inflation remaining persistently high. They expect U.S.…

© Reuters. FILE PHOTO: An employee walks at an empty park near a financial district amid the coronavirus disease (COVID-19) pandemic in Seoul, South Korea, September 10, 2020. REUTERS/Kim Hong-Ji SEOUL (Reuters) -South Korea’s top economic and financial officials agreed at a rare meeting on Thursday to strengthen coordinated efforts to keep the markets stable,…

3/3 © Reuters. The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger 2/3 By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -The Federal Reserve on Wednesday approved its largest interest rate increase in more than a quarter of a century to stem…

© Reuters. FILE PHOTO: A worker walks pasts the logo of the Central Reserve Bank of Peru (BCRP) inside its headquarters building in Lima, Peru June 16, 2017. REUTERS/Mariana Bazo LIMA (Reuters) – Peru’s central bank raised the country’s benchmark interest rate by 50 basis points to 5.5% on Thursday, the eleventh consecutive hike, as…

With the economic sanctions by the U.S. and its allies crimping the Russian economy, you may want to avoid stocks with an exposure to Russia. Or you may want to do it simply for moral reasons, given the country’s war on Ukraine. But you may not have to do anything: U.S. companies don’t do a…

2/2 © Reuters. FILE PHOTO: Plastic letters arranged to read “Sanctions” are placed in front the flag colors of U.S. and Russia in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration 2/2 WASHINGTON/LONDON (Reuters) -The U.S. Treasury Department has advised U.S. money managers that Washington’s sanctions on Moscow bar any secondary market purchases of debt…

2/2 © Reuters. FILE PHOTO: The Maersk Line container ship Maersk Batam sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey August 10, 2018. REUTERS/Murad Sezer 2/2 By Andrea Shalal WASHINGTON (Reuters) -The World Bank on Tuesday slashed its global growth forecast by nearly a third to 2.9% for 2022,…

© Reuters. FILE PHOTO: The facade of Argentina’s Central Bank is pictured in the financial district of Buenos Aires, Argentina December 7, 2021. REUTERS/Agustin Marcarian BUENOS AIRES (Reuters) – Analysts consulted by Argentina’s central bank raised their inflation estimate for the South American country for 2022 to 72.6%, 7.5 percentage points above the previous month’s…

As you’re surely aware, stocks have hit the skids this year, with the S&P 500 dropping 14% year to date, thanks to roaring inflation, soaring bond yields and the war in Ukraine. But the jump in yields has drawn individual investors to Treasury bonds. Treasury yields have hit their highest levels since 2018. The 10-year…

© Reuters. FILE PHOTO: The Federal Reserve building is seen before the Federal Reserve board is expected to signal plans to raise interest rates in March as it focuses on fighting inflation in Washington, U.S., January 26, 2022. REUTERS/Joshua Roberts/File Phot By Mike Dolan LONDON (Reuters) – Markets may be missing the mix. As financial…