Economy

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.

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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.

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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..

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Business Economy News

U.S. consumer sentiment approaches 11-year low, monthly import prices unchanged

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer sentiment slumped to its lowest level in nearly 11 years in early May as worries about inflation persisted, but household spending remains.

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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.

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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.

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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.

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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.

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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.

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Economy News

U.S. inflation simmers, worst of price gains likely behind

By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer price growth slowed sharply in April as gasoline eased off record highs, suggesting inflation has probably peaked, though it is likely to.

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