Tag: finance

© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas By Andrea Shalal WASHINGTON (Reuters) – Sharply higher global food and energy prices due to the war in Ukraine are hitting poor countries, and better mechanisms for dealing with sovereign debt…

Updated at 9:05 am EST U.S. equity futures edged lower Monday, while Treasury bond yields and the dollar continued to test multi-year highs, as investors shift focus from the ongoing war in Ukraine to a busy slate of earnings and data releases in a holiday-shortened trading week. Inflation remains the key driver in terms of…

Here are five things you must know for Monday, April 11: 1. — Stock Futures Edge Lower, Oil Prices Slide U.S. equity futures edged lower Monday, while Treasury bond yields and the dollar continued to test multi-year highs, as investors shift focus from the ongoing war in Ukraine to a busy slate of earnings and data…

© Reuters. FILE PHOTO: Russian Finance Minister Anton Siluanov attends a meeting with members of the government in Moscow, Russia March 12, 2020. Sputnik/Dmitry Astakhov/Pool via REUTERS (Reuters) -Russia will take legal action if the West tries to force it to default on its sovereign debt, Finance Minister Anton Siluanov told the pro-Kremlin Izvestia newspaper…

Consumers are looking for every possible way to save money after facing increased inflation and higher costs, as companies grapple with a rise in labor expenses and supply chain bottlenecks. Shoppers are also looking for ways to cut costs as their bills for groceries and gasoline have been rising steadily for several months. “Consumer discretionary…

© Reuters. FILE PHOTO: A brass plaque of the State Bank of Pakistan is seen outside of its wall in Karachi, Pakistan December 5, 2018. REUTERS/Akhtar Soomro/File Photo By Gibran Naiyyar Peshimam and Asif Shahzad ISLAMABAD (Reuters) -Pakistan’s central bank raised its policy rate by 250 basis points to 12.25% in an emergency meeting on…

© Reuters. U.S. Secretary of State Antony Blinken meets Australian Foreign Minister Marise Payne, next to Australian advisor Mikaela James, U.S. State Department Counselor Derek Chollet and U.S. State Department spokesperson Ned Price, at The Hotel Brussels, in Brus By David Lawder WASHINGTON (Reuters) – As the world’s wealthy democratic powers roll out a new…

2/2 © Reuters. FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada, May 23, 2017. REUTERS/Chris Wattie 2/2 By Julie Gordon OTTAWA (Reuters) – A record number of Canadian businesses are facing capacity pressures amid intense labor shortages and ongoing supply chain difficulties, with many expecting significant wage…

© Reuters. FILE PHOTO: John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, U.S., November 6, 2019. REUTERS/Carlo Allegri/File Photo By Howard Schneider PRINCETON, N.J. (Reuters) -The Federal Reserve needs to move monetary policy towards a more neutral stance, but the pace at which…

© Reuters. FILE PHOTO: John Williams, chief executive officer of the Federal Reserve Bank of New York, speaks at an event in New York, U.S., November 6, 2019. REUTERS/Carlo Allegri/File Photo WASHINGTON (Reuters) – The Federal Reserve will need to keep a careful eye on how the economy reacts as it raises interest rates, and…