Economy

(Reuters) – Futures tied to the Federal Reserve’s policy rate edged down after data showed wholesale prices firmed a little more than expected last month, though not enough to suggest…

(Reuters) -Tapestry said on Thursday it was terminating its $8.5 billion bid for Michael Kors owner Capri after a legal hurdle last month, ending their effort to create a U.S.…

By Jonathan Stempel NEW YORK (Reuters) -Sotheby’s will pay $6.25 million and adopt reforms to settle New York Attorney General Letitia James’ lawsuit accusing the famed auction house of fraudulently…

By Indradip Ghosh BENGALURU (Reuters) – The euro zone economy will be hit with tariffs from the incoming U.S. Trump administration early next year, according to a majority of economists…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve governor Adriana Kugler said Thursday the central bank has made considerable progress in working to achieve its job and inflation…

(Reuters) – Futures tied to Canada’s main stock index rose on Thursday, helped by crude prices, ahead of Federal Reserve Chair Jerome Powell’s speech and U.S. economic data later in…

SAO PAULO (Reuters) – The Brazilian government must cut spending “to the bone” and there is an urgency to announce a much anticipated fiscal package, outgoing central bank chief Roberto…

By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) -Saudi Arabia has scaled back lofty ambitions for its NEOM gigaproject to prioritize completing elements essential to hosting global…

By Gergely Szakacs BUDAPEST (Reuters) – If U.S. President-elect Donald Trump delivers on a pledge to hit European imports with tariffs, Hungary will feel the effects “exponentially” because of its…