Economic

According to Coinbase CEO Brian Armstrong, the planned Department of Government Efficiency, or DOGE, offers incoming President Donald Trump a once-in-a-lifetime opportunity to reform the country's bloated bureaucracy. Armstrong…

British Chancellor Rachel Reeves played down fears of escalating protectionism in light of Donald Trump's expected new trade tariffs, stressing Britain's commitment to a strong economic relationship with the United States. In her…

The Bank of England cut interest rates by 25 basis points to 4.75%, its second cut this year as inflationary pressures begin to ease and economic data point to a slowdown in wage growth. The nine-member Monetary Policy Committee…

Article contentVANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Combined federal and provincial government debt in seven provinces exceeds the value of all goods and services produced in those provinces through 2022, dampening…

Stocks rose mostly in Asia on Monday as Chinese leaders began a major meeting expected to make new pledges to help the world's second-largest economy. Oil prices rose more than a dollar a barrel after Oil producing countries in OPEC+…

Chancellor Rachel Reeves introduced a record £40bn tax rise in her first Budget, which the Office for Budget Responsibility (OBR) warns could stifle economic growth in the long term. According to the Office for Budget…

UK retail sales rose unexpectedly in September, defying analysts' expectations of a contraction, as consumers increased their spending on technology despite looming tax rises and economic uncertainties. According to the Office for…

US Vice President Kamala Harris has pledged to support regulation of cryptocurrencies and digital assets in her new economic proposal, several new media outlets reported on Monday. This offer comes after the pro-cryptocurrency…

Written by James Pomfret HONG KONG (Reuters) - Hong Kong is expected to announce measures to boost the city's economy in its annual policy speech on Wednesday, including cutting tariffs on alcohol, as it seeks to revive the financial hub…

As traders approach another pivotal day for the financial markets on Monday, October 14, 2024, attention will be focused on key reports and speeches that could influence market dynamics. OPEC's monthly report and Federal Reserve Governor…