Economy

(Reuters) – The International Monetary Fund on Friday approved measures to reduce its members’ borrowing costs by about $1.2 billion annually, the fund’s Managing Director Kristalina Georgieva said. “The approved…

By Moira Warburton WASHINGTON (Reuters) – Republican presidential candidate Donald Trump and members of his party running for the U.S. Senate are blaming immigrants for the rising cost of housing,…

By Davide Barbuscia and Shankar Ramakrishnan NEW YORK (Reuters) – U.S. corporate credit spreads hit fresh multi-year lows in recent days in a sign of growing investor confidence, although some…

By Lewis Krauskopf and Suzanne McGee NEW YORK (Reuters) – The health of the U.S. consumer moves into the spotlight next week, with investors watching corporate earnings reports and retail…

NEW YORK (Reuters) – U.S. consumers remain resilient with solid spending in the third quarter, two of the country’s biggest lenders said on Friday, although there are signs higher inflation…

WASHINGTON (Reuters) – The United States on Friday expanded sanctions against Iran’s petroleum and petrochemical sectors in response to Iran’s missile attack on Israel, the Treasury Department said. “This action…

By Ernest Scheyder and Clara Denina (Reuters) -Rio Tinto’s $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the…

By John O’Donnell and Francesco Canepa LONDON/FRANKFURT (Reuters) -Germany is working to frustrate a possible takeover of one of its biggest banks by an Italian rival, a stance that pits…

By David Lawder WASHINGTON (Reuters) -The U.S. Treasury’s top economic diplomat on Friday called on the International Monetary Fund and multilateral development banks to work on new ways to provide…