Economy

Economy News

World equities rise on bounce in U.S., European markets

By Elizabeth Dilts Marshall NEW YORK (Reuters) – Global shares rose on Friday as Wall Street rallied to end a volatile week of trading, while oil jumped 4% on the.

Read More
Economy News

Take Five: Recession talk justified? Follow the data

A deluge of data from across major economies comes at a pivotal moment in the debate over whether central banks are jacking up interest rates into a potentially sharp global.

Read More
Economy News

Inflation views tilt the Fed’s way, a bit

(Reuters) – A week that included a bevy of still-ugly inflation numbers may also have marked a turn in market views of the Federal Reserve, as inflation expectations fell, bond.

Read More
Business Economy News

Gold set for fourth weekly loss on dollar strength, Fed hike bets

By Ashitha Shivaprasad (Reuters) – Gold fell more than 1% on Friday and is set for its fourth straight weekly decline, as the dollar’s strong run with more aggressive U.S..

Read More
Business Economy News

Turkish factory activity expanded 6.5% in March

ISTANBUL (Reuters) -Turkey’s industrial production is expected to have expanded 6.5% in March, rising for a 21st consecutive month as factory activity remains strong despite rampant inflation and an ailing.

Read More
Business Economy News

Norwegian Air posts Q1 loss, flags fuel costs to impact recovery

OSLO (Reuters) -Norwegian Air posted a loss for the first quarter on Friday and said rising fuel costs will partly offset the positive effects of increased bookings for the summer.

Read More
Business Economy News

Analysis: Leveraged loans hit turbulence, but investors still see long-term outperformance

By Davide Barbuscia NEW YORK (Reuters) – U.S. loans have outperformed other debt instruments this year because of the protection they offer from rising interest rates, but a sharp deterioration.

Read More
Economy News

Analysis: Wall Street ‘fear gauge’ offers no silver lining as bear market looms

By Saqib Iqbal Ahmed NEW YORK (Reuters) – A surprising lack of panic in the U.S. stock market as measured by Wall Street’s “fear gauge” is keeping some investors from.

Read More
Economy News

California regulator rejects desalination plant despite historic drought

By Daniel Trotta COSTA MESA, Calif. (Reuters) -California regulators on Thursday rejected a $1.4 billion desalination plant on environmental grounds, dealing a setback to Governor Gavin Newsom, who had supported.

Read More
Economy News

Morgan Stanley warns 2022 global economic growth to be less than half of 2021

(Reuters) – Morgan Stanley (NYSE:MS) forecasts this year’s global economic growth to be less than half of 2021 due to risks from the Russia-Ukraine conflict and COVID-19 surge in China even as.

Read More