Economy

By Jack Queen PHILADELPHIA (Reuters) – Elon Musk has been ordered to attend a Thursday hearing in a prosecutor’s lawsuit to block the billionaire’s $1 million-a-day giveaway to registered swing…

By Hari Kishan BENGALURU (Reuters) – Global economic growth will maintain its robust pace next year as major central banks implement a series of interest rate cuts against the backdrop…

ROME (Reuters) – The European Central Bank must avoid the risk of cutting interest rates too slowly and lowering inflation excessively, Governing Council Member Fabio Panetta said on Thursday. In…

SHANGHAI (Reuters) – China’s central bank said on Thursday it conducted 500 billion yuan ($70.24 billion) of outright reverse repurchase agreements in October. The tenor of the reverse repos was…

(Reuters) – The Biden administration on Thursday announced that it would invest about $825 million in a new semiconductor research and development (R&D) facility in Albany, New York. The New…

Investing.com — US stock futures edge lower as traders gauge quarterly reports from major technology groups. Both Microsoft (NASDAQ:MSFT) and Meta Platforms (NASDAQ:META) post higher-than-expected revenue and net profit, but worries…

(Reuters) -The Bank of Japan maintained ultra-low interest rates on Thursday and signalled the need to scrutinise global economic developments, highlighting its focus on risks to a fragile domestic recovery…

By Darya Korsunskaya MOSCOW (Reuters) – Russia will need to raise taxes further to fund its war in Ukraine, according to economists who say revenue-raising measures already announced will not…

By Rachna Uppal DUBAI (Reuters) – Growth in the Middle East and North Africa region is expected to rebound to 4% next year, but will hinge on a phase out…