Economy

(Reuters) – Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently “modestly restrictive,” with short-term borrowing costs continuing to slow inflation and the economy,…

Investing.com — Federal Reserve chair Jerome Powell has made it clear that he is willing to remain in place even if President-elect Donald Trump demands his resignation, but could Trump appoint…

By Nayera Abdallah and Pesha Magid DUBAI/RIYADH (Reuters) -Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia’s drive to diversify away…

(Reuters) – U.S. banks saw weaker demand for a key category of business loans during the third quarter, while the demand picture for consumer credit card and auto loans also…

By Svea Herbst-Bayliss (Reuters) -Activist investor Elliott Investment Management said Honeywell (NASDAQ:HON) should split into two separate businesses on Tuesday, following in the footsteps of other industrial conglomerates that have…

By Jesús Aguado MADRID (Reuters) – BBVA (BME:BBVA)’s long pursuit of Sabadell is becoming even longer, with Spanish regulators launching an in-depth review of its bid, which fell further in…

WARSAW (Reuters) – The EU Commission has approved Poland’s application for further installments of European Union pandemic recovery funds worth 9.4 billion euros ($9.96 billion), the Commission said in a…

(Reuters) – U.S. consumers in October grew more confident about inflation continuing to ease and in the health of the job market, and for the first time in five months…

NEW YORK (Reuters) – Federal Reserve Governor Christopher Waller said Tuesday stablecoins are effectively “synthetic” dollars that can bring benefits to the financial system. Waller said these digital assets linked…