Today: October 22, 2024
Today: October 22, 2024

Economy

Business|Economy|Finance|Stock Markets|US

Fed needs to continue to cut rates, Daly says

San Francisco Federal Reserve Bank President Mary Daly on Monday said she has not seen anything to suggest the U.S. central bank would stop cutting interest rates, which are "absolutely"

Fed needs to continue to cut rates, Daly says
Americas|Business|Crime|Economy

Peru’s ex-president Toledo gets more than 20 years in prison in case linked to corruption scandal

Peru’s former President Alejandro Toledo has been sentenced to 20 years and six months in prison in a case involving Brazilian construction giant Odebrecht, which became synonymous with corruption across Latin America, where it paid millions of dollars in bribes to government officials and others

Peru’s ex-president Toledo gets more than 20 years in prison in case linked to corruption scandal
Economy|Election|US

US election, geopolitics and UK budget fears dent global vacancies, survey shows

Global employers reported a fall in white-collar vacancies in September, a survey showed on Tuesday citing factors including the upcoming election in the United States, uncertainty

US election, geopolitics and UK budget fears dent global vacancies, survey shows
Economy|Europe|Finance|US|World

Britain to pay $2.9 billion into G7 loan for Ukraine to buy weapons

Britain will lend Ukraine 2.26 billion pounds ($2.94 billion) as part of a much larger planned loan from the Group of Seven nations backed by frozen Russian

Britain to pay $2.9 billion into G7 loan for Ukraine to buy weapons
Business|Economy|US|World

Researcher identifies enslaved people she believes are buried at planned Louisiana plastics complex

A genealogist spent years scouring historical records to trace the lives and establish the identities of enslaved people she believes are buried on the grounds of Taiwan-based Formosa Plastics Group's $9.4 billion facility in southeast Louisiana

Researcher identifies enslaved people she believes are buried at planned Louisiana plastics complex
Business|Economy|Finance|MidEast

Palestinians met requirements for Israel to extend banking waiver, source says

Israel's requirements for the indemnification needed to allow Israeli banks to continue conducting transactions with Palestinian banks have been met by the Palestinian

Palestinians met requirements for Israel to extend banking waiver, source says
Economy|Opinion|US

Trump has promised to protect Social Security. His proposals could lead to benefit cuts in 6 years

Trump has promised to protect Social Security. His proposals could lead to benefit cuts in 6 years

Trump has promised to protect Social Security. His proposals could lead to benefit cuts in 6 years
Asia|Business|Economy|Finance

Yen-Nikkei link intensifies as US yields, dollar spike

A look at the day ahead in Asian markets. 

Yen-Nikkei link intensifies as US yields, dollar spike
Economy|Finance|US

IMF chief says higher prices are here to stay

Higher prices are here to stay, which adds to economic pain also stemming from slow growth and high debt, the International Monetary Fund's managing director,

IMF chief says higher prices are here to stay
Economy|Finance|US

Rising rents are pushing Americans out of cities. Here's why it's causing the 'donut effect.'

Section 8 Housing analyzed academic research and data from Zillow to see where home prices were going up the most.

Rising rents are pushing Americans out of cities. Here's why it's causing the 'donut effect.'
Business|Economy|Finance|US

Fed's Schmid wants cautious, gradual, deliberate rate cuts

Kansas City Federal Reserve Bank President Jeffrey Schmid said on Monday he supports a "cautious and deliberate" approach to interest rate cuts now that inflation is heading back to the

Fed's Schmid wants cautious, gradual, deliberate rate cuts
Asia|Economy|Political|World

Shadow of Ukraine war hangs over Putin's BRICS summit in Russia

Russia wants the BRICS summit to showcase the rising clout of the non-Western world, but Moscow's partners from China, India,

Shadow of Ukraine war hangs over Putin's BRICS summit in Russia
Business|Economy|Finance|US

More Americans are missing mortgage payments, though still fewer than pre-pandemic

Netspend analyzed Federal Reserve Bank of New York data on home mortgages to show how Americans are increasingly falling behind on payments.

More Americans are missing mortgage payments, though still fewer than pre-pandemic
Americas|Business|Economy|Finance

Colombian conglomerates Argos, SURA begin to study possible ownership split

Shareholders of Grupo Argos and Grupo SURA, two of Colombia's largest conglomerates, on Monday gave their boards the green light to begin studying alternative

Colombian conglomerates Argos, SURA begin to study possible ownership split
Economy|Education|US

With student loan forgiveness programs in limbo, here's how some borrowers may find relief

Learner analyzed news reports and economic research to see how the White House's student debt relief programs are affecting borrowers.

With student loan forgiveness programs in limbo, here's how some borrowers may find relief
Economy|Election|Opinion|US

Kamala Harris labels current federal minimum wage as 'poverty' pay

Vice President and Democratic presidential candidate Kamala Harris said on Monday the U.S. must raise its federal minimum wage, and

Kamala Harris labels current federal minimum wage as 'poverty' pay
Economy|Finance|US|World

Zelenskiy says US preparing aid package to finance production of Ukrainian drones

Ukrainian President Volodymyr Zelenskiy said on Monday the United States was preparing an aid package worth $800 million to finance production of Ukrainian drones.

Zelenskiy says US preparing aid package to finance production of Ukrainian drones
Asia|Business|Economy|Technology|US

Cambodian solar firms no longer cooperating with US tariff probe

Two Cambodian solar companies will no longer cooperate with a U.S. trade investigation into allegations they are flooding the market with panels priced below their cost of production,

Cambodian solar firms no longer cooperating with US tariff probe
Business|Economy|Finance|US

Fed policymakers call for 'gradual' rate cuts

A trio of Federal Reserve policymakers on Monday expressed support for gradual U.S. interest-rate cuts, citing the strength of the economy and an uncertain outlook.

Fed policymakers call for 'gradual' rate cuts
Business|Economy|Environment|Political

Supreme Court to consider if polluting industries can go court-shopping

Supreme Court to consider if polluting industries can go court-shopping

Supreme Court to consider if polluting industries can go court-shopping
Business|Economy|Sports|World

Women soccer players call on FIFA to cut ties with Saudi oil giant Aramco

Women soccer players call on FIFA to cut ties with Saudi oil giant Aramco

Women soccer players call on FIFA to cut ties with Saudi oil giant Aramco
Economy|Finance|MidEast|World

What is the Hezbollah-linked financial institution Israel is targeting in Lebanon?

The Israeli military has carried out a wave of airstrikes targeting branches of a financial institution affiliated with Lebanon’s Hezbollah, saying the quasi-banking system is being used to fund the militant group’s military wing

What is the Hezbollah-linked financial institution Israel is targeting in Lebanon?
Economy|Europe|World

The EU and Moldova share a common future, says EU chief diplomat

The European Union remains committed to continue supporting Moldova's democratic development, reforms and economic growth as well as strengthening its resilience on its path

The EU and Moldova share a common future, says EU chief diplomat
Americas|Economy|Education

Public university protests escalate in challenge to Argentina's President Milei

A series of protests are expected to intensify across Argentina this week over a veto by President Javier Milei of a law that passed last month increasing funding for public universities

Public university protests escalate in challenge to Argentina's President Milei

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