Editor’s Pick

By Michael S. Derby (Reuters) – Federal Reserve Chair Jerome Powell said on Thursday the U.S. central bank has time before it needs to adapt its policymaking thinking due 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…

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 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…

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 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…