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Economy

Economy

Why inflation may not stop tariffs

Investing.com — Despite increased inflation concerns, tariffs are likely to persist in the U.S., as outlined by UBS Chief Economist Paul Donovan. …
Economy

Sterling heads for worst weekly performance since January

By Amanda Cooper LONDON (Reuters) – The pound headed for its biggest weekly loss since January on Friday, under pressure from weak…
Economy

Nigeria inflation rises for second month in October

ABUJA (Reuters) – Nigeria’s inflation rate rose for the second straight month in October, advancing to 33.88% in annual terms from 32.70%…
Economy

Futures drop as Powell signals no hurry on rate cuts

(Reuters) – U.S. stock index futures fell on Friday after Federal Reserve Chair Jerome Powell said there was no need to reduce…
Economy

Head of Germany’s SPD sees ‘good starting point’ for reforming debt brake

BERLIN (Reuters) – The leader of Germany’s Social Democratic Party (SPD) sees a “good starting point” for reforming the nation’s spending cap,…
Economy

US protectionism would be extremely harmful to US and Europe, says EU Commission

BRUSSELS (Reuters) – Increased protectionism of U.S. trade policy would be extremely harmful to both the United States and to Europe, European…
Economy

TSX futures inch up ahead of Powell’s speech, US data

(Reuters) – Futures tied to Canada’s main stock index rose on Thursday, helped by crude prices, ahead of Federal Reserve Chair Jerome…
Economy

Brazil’s outgoing central bank chief says there is urgency to announce spending cuts

SAO PAULO (Reuters) – The Brazilian government must cut spending “to the bone” and there is an urgency to announce a much…
Economy

Morning bid: A twist in the U.S.’s inflation tale?

(Reuters) – A look at the day ahead in U.S. and global markets by Amanda Cooper. The dollar is forging ahead again,…
Economy

Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say

By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject…
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