Economy

WASHINGTON (Reuters) – U.S. labor costs recorded their smallest increase in more than three years in the third quarter amid cooling wage growth, indicating that inflation was firmly on a…

By Jamie McGeever ORLANDO, Florida (Reuters) – As if financial markets needed another factor to complicate the near-term outlook for Federal Reserve policy, the U.S. economy and asset prices, investors…

(Reuters) -ConocoPhillips exceeded Wall Street’s third-quarter profit estimates on Thursday as the Texas-based oil and gas producer reaped the benefits of higher production, sending its shares rising 2.6% at $105.5…

By Ross Kerber (Reuters) – Many U.S. companies have stepped up reporting on environmental and social matters in recent years even with sustained pressure from conservative politicians, data reviewed by…

By Devayani Sathyan BENGALURU (Reuters) – Most Asian central banks will cut interest rates slower than the U.S. Federal Reserve over the coming year, Reuters polls showed, as solid growth…

By Jack Queen PHILADELPHIA (Reuters) – Elon Musk has been ordered to attend a Thursday hearing in a prosecutor’s lawsuit to block the billionaire’s $1 million-a-day giveaway to registered swing…

By Hari Kishan BENGALURU (Reuters) – Global economic growth will maintain its robust pace next year as major central banks implement a series of interest rate cuts against the backdrop…

ROME (Reuters) – The European Central Bank must avoid the risk of cutting interest rates too slowly and lowering inflation excessively, Governing Council Member Fabio Panetta said on Thursday. In…

SHANGHAI (Reuters) – China’s central bank said on Thursday it conducted 500 billion yuan ($70.24 billion) of outright reverse repurchase agreements in October. The tenor of the reverse repos was…