Editor’s Pick

(Reuters) – The Federal Reserve’s 50-basis-point interest-rate cut last month was “timely” and was neither reactive, nor proactive, Fed Vice Chair Philip Jefferson said on Tuesday. “It was timely and…

By David Lawder WASHINGTON (Reuters) – The Congressional Budget Office estimated on Tuesday a U.S. federal deficit of $1.834 trillion for fiscal 2024, the highest in the post-COVID era, as…

By Suban Abdulla LONDON (Reuters) – British business confidence fell in the third quarter as tax worries hit investment, according to a survey of accountants that chimes with similar concerns…

(Reuters) – Federal Reserve Vice Chair Philip Jefferson on Tuesday said the U.S. central bank’s half-percentage-point interest-rate cut last month was aimed at keeping the labor market strong even as…

LONDON (Reuters) -British Finance Minister Rachel Reeves will likely free up 10 billion to 20 billion pounds’ ($13.1 billion – $26.2 billion) worth of room to borrow for capital investment…

By Alden Bentley NEW YORK (Reuters) – A look at the day ahead in Asian markets. Wall Street got back on track Tuesday, encouraged that the Fed seems confident enough…

By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Bank of Boston President Susan Collins said on Tuesday that with inflation trends growing weaker it is very probable that…

Investing.com — Investors now believe that even the Fed’s expectations to cut rates by 200 basis points over the next two years are too optimistic as stronger economic data continue…

By Doina Chiacu (Reuters) – Hurricanes Milton and Helene are putting new pressure on the federal government’s emergency response agency FEMA, which is already short of money, hit by a…