Economy

By Ismail Shakil OTTAWA (Reuters) – Canada’s economy added nearly quadruple the number of jobs forecasted for December and the unemployment rate surprisingly ticked down to 6.7%, data showed on…

(Reuters) – Traders on Friday bet the Federal Reserve will wait until at least June to reduce its policy rate, and end its rate-cutting cycle there after government data showed…

Investing.com — The release of strong US payrolls data has prompted traders to adjust their expectations for the next Federal Reserve rate cut, which is now projected to occur just…

WASHINGTON (Reuters) – The U.S. Senate Finance Committee on Friday said it will hold a Jan. 16 nomination hearing on President-elect Donald Trump’s nominee to lead the U.S. Treasury Department,…

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the futures options market are betting the benchmark U.S. 10-year Treasury yield is headed higher to 5% in the near term,…

By Camillus Eboh ABUJA (Reuters) -Nigeria and the United States have signed an agreement to repatriate about $52.88 million in assets forfeited by a former Nigerian oil minister and associates,…

By Echo Wang, Tatiana Bautzer and Saeed Azhar NEW YORK (Reuters) – Investment bankers are gearing up for a pickup in dealmaking activity in global equity capital markets this year,…

(Reuters) – U.S. stock index futures slipped on Friday ahead of a crucial labor market report, at a time when concerns around inflation and the incoming Trump administration’s policies have…

Investing.com – UK government bonds, known as gilts, have sold off dramatically over the last week, pushing the associated yields to their highest levels since 2008 and heaping the pressure…