Economy

By Nelson Acosta HAVANA (Reuters) – Cuba is unlikely to see any growth in 2024, Economy Minister Joaquin Alonso said on Thursday, as its already sputtering state-run economy struggles to…

By Ann Saphir and Howard Schneider DALLAS (Reuters) -Ongoing economic growth, a solid job market, and inflation that remains above the 2% target mean the U.S. central bank does not…

Investing.com — Federal Reserve Chairman Jerome Powell said Thursday that economy isn’t signalling a need for speed on rate cuts as the recent strength allows the Fed to take a…

By David Lawder WASHINGTON (Reuters) – No major U.S. trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden administration’s…

By Sinead Cruise LONDON (Reuters) – Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain’s “crown jewel” financial industry which she said has shackled the City’s…

MEXICO CITY (Reuters) – The Bank of Mexico lowered its benchmark interest rate by 25 basis points to 10.25% in a unanimous decision, it said on Thursday, its third consecutive…

By Andy Bruce (Reuters) – Britain should stand up for free trade and rebuild ties with the European Union as the global economy fragments, Bank of England Governor Andrew Bailey…

DENVER (Reuters) -Exxon Mobil will cut nearly 400 jobs in Texas following its purchase of shale producer Pioneer Natural Resources (NYSE:PXD), according to a regulatory filing. The company will cut…

WASHINGTON (Reuters) – High union wage settlements and the possibility of coming tariff increases are among the uncertainties that could make U.S. Federal Reserve officials more cautious about thinking they…