Economic News

By Stephen Culp NEW YORK (Reuters) - Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into...

By Herbert Lash and Sujata Rao NEW YORK/LONDON (Reuters) - The dollar rose to a two-week high on Monday against a basket of currencies, lifted by rising geopolitical risk over...

(Reuters) - The prospect of a Russian attack on Ukraine and worries about the Federal Reserve moving aggressively to tighten policy sent Wall Street into a tailspin on Monday,...

(Bloomberg) -- President Joe Biden will on Monday highlight his administration’s efforts to combat inflation as the fastest price increases in four decades endangered Democrats’...

By Anisha Sircar and Medha Singh (Reuters) - Meme stocks GameStop Corp (NYSE:GME) and AMC Entertainment continued to fall out of favor for investors as fears of a faster rise in...

By Arunima Kumar and Liz Hampton (Reuters) -Halliburton Co's fourth-quarter adjusted profit doubled from a year earlier, it said on Monday, beating analysts' forecasts and...

(Bloomberg) -- U.S. business activity came close to stalling in early January, depressed by lingering capacity constraints and a wave of coronavirus infections that deflated...

By David Milliken LONDON (Reuters) - Britain's central bank looks on course to raise interest rates next week for the second time in less than two months, reversing more of its...

By Geoffrey Smith  Investing.com -- Bitcoin and other cryptocurrencies lead risk assets lower as concerns about war in Ukraine trigger a broad selloff. That's stopping U.S. futures...

(Reuters) - Inflation is front and centre: Markets will look to the U.S. Federal Reserve for hints on when and how much it may tighten policy to combat inflation at 40-year highs,...

A look at the day ahead from Julien Ponthus With a 14% fall from its November peak, not only is the Nasdaq deep in correction territory, it is also now within striking distance of...

(Bloomberg) -- Looser monetary policy in China won’t be sufficient to stabilize the economy and a faster increase in government spending is needed, according to a former adviser to...

BERLIN (Reuters) - The drivers of inflation in the euro zone will subside over the course of the year and inflation will hover around the European Central Bank's price stability...

By Noreen Burke Investing.com -- It’s set to be a major week for markets, between the Federal Reserve meeting and an avalanche of big-name earnings. Fed Chair Jerome Powell is...

(Bloomberg) -- Goldman Sachs Group Inc. (NYSE:GS) economists said they see a risk the Federal Reserve will tighten monetary policy at every policy meeting from March, a more...

By Herbert Lash and Tommy Wilkes NEW YORK/LONDON (Reuters) -Risk aversion dominated markets on Friday as stocks slumped on Wall Street and in Europe, oil prices fell from...

By Caroline Valetkevitch NEW YORK (Reuters) - The dollar declined on Friday, along with U.S. Treasury yields, while investors looked ahead to next week's Federal Reserve meeting...

By Aleksandar Vasovic BELGRADE (Reuters) - Serbian politicians on Friday blasted environmentalists for forcing them to scuttle Rio Tinto (LON:RIO) Plc's proposed $2.4 billion...

(Bloomberg) -- U.S. Treasury Secretary Janet Yellen delivered a rosy outlook for the U.S. economy, of fading inflation and the potential for higher long-term growth. While...

(Bloomberg) -- The annual Davos gathering of political leaders, top executives and celebrities has set new dates for an in-person event, forsaking the ski season for a balmier week...

By Fabian Cambero and Natalia A. Ramos Miranda SANTIAGO (Reuters) -Chile's leftist President-elect Gabriel Boric unveiled his Cabinet on Friday, throwing markets and investors a...

By Medha Singh (Reuters) - Single stock options totaling about $1.28 trillion were set to expire on Friday, potentially driving sharp market movements as Wall Street rounds out a...

(Reuters) - U.S. equity funds faced outflows in the week to Jan. 19 on concerns over a rise in U.S. Treasury yields and a feeble start to the fourth-quarter earnings season....

By Geoffrey Smith  Investing.com -- Netflix's (NASDAQ:NFLX)'s profit warning issues the clearest challenge yet to growth stock valuations, while Peloton (NASDAQ:PTON) and wind...

(Reuters) - Inflation is front and centre: Markets will look to the U.S. Federal Reserve for hints on when and how much it may tighten policy to combat inflation at 40-year highs,...

By Tim Kelly and Shinji Kitamura TOKYO (Reuters) -Sony Group will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to...

(Bloomberg) -- China’s central bank will further ease monetary policy in the first half of 2022 to stave off headwinds and ensure economic stability, according to a Bloomberg...

By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) - A rebound on Wall Street fizzled on Thursday as investors lost conviction that an early rally had legs, with the Nasdaq...

By Arunima Kumar and Liz Hampton (Reuters) - Shares of Baker Hughes (O:BKR) rose sharply on Thursday after the company reported an adjusted quarterly profit and topped analysts'...

(Bloomberg) -- Immigration, which slowed during the pandemic, could help ease a shortage of workers in the U.S. that’s pushed job vacancies to an all-time high, according to policy...

By Geoffrey Smith  Investing.com -- Joe Biden admits that his economic reform agenda is stalled, but said he supports the Federal Reserve's intentions to get inflation down. He was...

By Dhara Ranasinghe LONDON (Reuters) -Already less transitory than forecast, central bankers' inflation headache may be about to become more acute as they face the prospect of...

By Alun John HONG KONG (Reuters) - Higher commodity prices were supporting the Canadian and Australian dollars on Thursday, while a pause in this week's rally in U.S. Treasury...

(Bloomberg) -- Chinese lenders lowered borrowing costs for a second straight month after the central bank cut policy loan rates and pledged more easing to stabilize the...

By Herbert Lash and Lawrence White NEW YORK/LONDON (Reuters) - Strong U.S. and European corporate results could not stop a slide on Wall Street, where the Nasdaq entered a...