© Reuters. FILE PHOTO: A U.S. dollar note is seen in front of a stock graph in this picture illustration By Mike Dolan LONDON (Reuters) – Just as long-dormant inflation
Category: Finance
finance, world economy,
RBNZ Sees Need for Prolonged Stimulus Amid Uncertainty
© Reuters. RBNZ Sees Need for Prolonged Stimulus Amid Uncertainty (Bloomberg) — New Zealand’s central bank signaled it is in no rush to remove monetary stimulus, saying the outlook remains
Tesla data collected in China is kept in China, exec says
© Reuters. FILE PHOTO: Logo of the electric vehicle maker Tesla is seen near a shopping complex in Beijing BEIJING (Reuters) – Data collected from Tesla (NASDAQ:) Inc’s electric cars
Toshiba shares surge on imminent CEO resignation, bidding war expectations
© Reuters. FILE PHOTO: Toshiba Corp’s CEO Nobuaki Kurumatani attends a news conference in Tokyo By Makiko Yamazaki TOKYO (Reuters) – Shares in Japan’s Toshiba (OTC:) Corp surged on Wednesday,
Singapore keeps monetary policy on hold amid patchy recovery
© Reuters. FILE PHOTO: A view of the Monetary Authority of Singapore’s headquarters in Singapore By Aradhana Aravindan SINGAPORE (Reuters) – Singapore’s central bank kept monetary settings unchanged on Wednesday
Toshiba to discuss exec appointments as CEO seen stepping down
© Reuters. FILE PHOTO: Toshiba Corp’s CEO Nobuaki Kurumatani attends a news conference in Tokyo TOKYO (Reuters) -Japanese conglomerate Toshiba (OTC:) Corp said its board would meet on Wednesday to
U.S. trade czar meets unions, companies as pressure mounts for IP waiver to boost vaccinations
© Reuters. FILE PHOTO: Katherine C. Tai addresses the Senate Finance committee hearings to examine her nomination to be United States Trade Representative, with the rank of Ambassador, in Washington,
Champagne sales pop as people take to celebrating again
Champagne sales are starting to bubble up again as more people get vaccinated, freeing them up to clink glasses at weddings, bar mitzvahs and other festive occasions. During the four
‘Wolf of Wall Street’ Jordan Belfort has investing advice for the Reddit crowd
Jordan Belfort, the infamous stockbroker who inspired the hit 2013 film “The Wolf of Wall Street,” is hosting a new documentary for the Discovery+ streaming service about the wild rise and
Five signs of a rebounding economy from U.S. CPI
© Reuters. FILE PHOTO: People shop on 5th Avenue in New York (Reuters) – U.S. consumers footed notably higher prices in March with headline inflation accelerating by the fastest in
Toilet paper sales reportedly drop after a year of panic buying
Americans are still working through the stockpiles of toilet paper they began hoarding at the onset of the pandemic — and now sales are tanking, a new report says. Toilet
Taco Bell opens ‘digital only’ restaurant in Times Square that serves booze
Taco Bell has opened a “digital only” fast-food joint and bar in Times Square that uses automated kiosks to take food orders — but it will still serve booze the
Egypt seizes Ever Given, demands $900M for Suez Canal blockage
Egypt has impounded the Ever Given — the massive container ship that blocked the Suez Canal and disrupted global commerce for days — while officials negotiate a hefty compensation payment
Fed’s Harker says central bank will ‘hold steady’ for now
© Reuters. FILE PHOTO: The Federal Reserve building is pictured in Washington, DC By Jonnelle Marte (Reuters) – The U.S. economy could grow by around 5% to 6% this year,
Bitcoin hits record high above $63,000 ahead of Coinbase IPO
The price of bitcoin climbed to a new record high above $63,000 Tuesday as the cryptocurrency exchange Coinbase prepares to go public this week. The world’s largest and oldest digital
U.S. issues subpoena to Chinese company as part of supply chain review
© Reuters. FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing WASHINGTON (Reuters) – The U.S. Commerce Department on Tuesday issued a subpoena
EU must implement its joint recovery plan before mulling more: Gentiloni
© Reuters. EU Parliament plenary session in Brussels BRUSSELS (Reuters) – The European Union should first implement its already agreed 750 billion euro post-pandemic recovery scheme before thinking of expanding
U.S. consumer prices post biggest gain in 8-1/2 years as economy reopens
© Reuters. Shoppers wearing protective masks are seen at Hudson Yards amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City By Lucia Mutikani WASHINGTON (Reuters)
Bank of England’s outspoken, inflation-wary chief economist to quit
© Reuters. The Chief Economist of the Bank of England, Andy Haldane, listens from the audience at an event at the Bank of England in the City of London By
EU Commission could raise 2021 euro zone growth forecast in May
© Reuters. FILE PHOTO: Eurozone finance ministers meeting in Brussels BRUSSELS (Reuters) – The European Commission may increase its growth forecast for the euro zone for 2021 when it issues
Mike Lindell says Costco has stopped selling My Pillow products
Costco became the latest retailer to drop My Pillow’s products — and CEO Mike Lindell blamed “cancel culture” for the move. The wholesale chain is among more than 20 companies
IMF says Japan’s economy can weather Olympics cancellation
© Reuters. FILE PHOTO: Coronavirus disease (COVID-19) outbreak in Tokyo By Leika Kihara TOKYO (Reuters) – Cancelling or postponing the Tokyo Olympics Games probably will not hurt Japan’s economy much,
IMF chief economist: higher rates offset by positive U.S. spillovers
© Reuters. FILE PHOTO: IMF Chief Economist Gita Gopinath WASHINGTON (Reuters) – International Monetary Fund chief economist Gita Gopinath said on Tuesday that a stronger growth outlook in the United
U.S. consumer prices post biggest gain in over 8-1/2 years
© Reuters. Shoppers wearing protective masks are seen at Hudson Yards amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City By Lucia Mutikani WASHINGTON (Reuters)
Bank of England’s chief economist Haldane to quit
© Reuters. The Chief Economist of the Bank of England, Andy Haldane, listens from the audience at an event at the Bank of England in the City of London By
France to raise agriculture catastrophe fund to compensate frost damage: PM
© Reuters. A farmer spreads nitrogen fertilizer in his wheat field in Blecourt PARIS (Reuters) – The French government will lift upper limits on its agriculture catastrophe fund to compensate
IMF offers rosier view on Asia, warns of Fed fallout on markets
© Reuters. FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua By Leika Kihara TOKYO
Consumer Prices Jump in March After Stimulus as Economies Reopen
By Dhirendra Tripathi Investing.com – in the U.S. jumped 0.6% in March from a month earlier, just a tad more than the expectations of a 0.5% gain as consumers, armed
U.S. consumer prices increase solidly in March
© Reuters. Shoppers wearing protective masks are seen at Hudson Yards amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City WASHINGTON (Reuters) – U.S. consumer
German investor morale falls in April on lockdown fears, ZEW says
© Reuters. Frankfurt’s skyline photographed during sunset BERLIN (Reuters) – Investor sentiment in Germany fell unexpectedly in April, the ZEW economic research institute said on Tuesday, citing rising fears that