Economy

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said Thursday inflation pressures have been easing but still have yet to return to…

WASHINGTON (Reuters) -Bank of England interest rate-setter Catherine Mann welcomed a recent fall in inflation in Britain but said the cooling of price growth still had “a long way to…

(Reuters) -U.S. railroad operator Union Pacific (NYSE:UNP) missed Wall Street estimates for quarterly revenue and profit on Thursday, as an unfavorable business mix and reduced fuel surcharge revenue offset gains…

By Pritam Biswas and Laura Matthews (Reuters) -Nasdaq reported a rise in third-quarter profit on Thursday, helped by strong demand in its solutions business that houses the exchange operator’s financial…

(Reuters) -American Airlines lifted its annual profit forecast on Thursday, on improved pricing power and a recovery from the missteps in its sales strategy that led to an exodus of…

(Reuters) – International Monetary Fund Managing Director Kristalina Georgieva on Thursday warned that China’s annual economic growth could drop to “way below” 4% unless it executes reforms to lift domestic…

WASHINGTON (Reuters) – Pakistan is targeting around $1 billion in a formal request for funding from the IMF facility that helps lows and middle income countries manage external shocks, its…

SAO PAULO (Reuters) – Inflation in Brazil accelerated in the month to mid-October, as higher electricity costs pushed consumer prices up in Latin America’s largest economy. Prices as measured by…

(Reuters) – Russia this week hosted the first summit of the newly expanded BRICS club of emerging economies, with leaders agreeing a set of common projects ranging from a grain…