Economic

There’s a good reason why investors are amazed that something hasn’t broken in the economy yet: The last time US government bond yields climbed so far, so fast, the nation plunged into back-to-back recessions. The 10-year Treasury yield…

© Reuters. U.S. Dollar banknote is seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration/File photo By Harry Robertson LONDON (Reuters) - The dollar rose on Tuesday after briefly falling to a one-month low on…

© Reuters. FILE PHOTO: Workers load ballot boxes and voting material into a truck, ahead of the presidential election, in Buenos Aires, Argentina October 21, 2023. REUTERS/Mariana Nedelcu/File Photo By Nicolás Misculin and Jorge Otaola…

© Reuters. FILE PHOTO: A woman walks past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo SHANGHAI/BEIJING (Reuters) - China will promote a…

Breadcrumb Trail LinksPMN BusinessThe world’s largest economy probably expanded at the quickest pace in nearly two years during the third quarter on the back of a steadfast US consumer, a challenge for Federal Reserve officials who are…

© Reuters. In a recent twist of events, Philadelphia Reserve Bank President Patrick Harker is advocating for the Federal Reserve to maintain steady interest rates, even in light of faster-than-anticipated economic growth. The…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

© Reuters. Investing.com-- Most Asian currencies fell slightly on Tuesday as demand for the dollar remained steady before several major U.S. economic readings this week, while sentiment also remained on edge over the Israel-Hamas…

In the face of economic turbulence, Latin American countries are increasingly turning to cryptocurrency as a perceived lifeline. South American nations are leading the charge in crypto adoption per capita, leaving behind many larger…

The People's Bank of China will be setting its Medium-term Lending Facility (MLF) rate today. Watch for this just after 0115 GMT (2115 US Eastern time). The Bank is expected to keep borrowing costs via the MLF unchanged this month at 2.5%.…