Editor’s Pick

By Michael S. Derby NEW YORK (Reuters) – U.S. Federal Reserve losses crossed the $200 billion point this week, according to data released on Thursday by the central bank. The…

MEXICO CITY (Reuters) -Mexican President Claudia Sheinbaum hopes to increase the country’s minimum wage by around 12% starting next year and for every year after that, she said on Thursday.…

By Mark John (Reuters) – Rising tensions in the Middle East add new uncertainties for the global economy even as policymakers start to congratulate themselves on having steered it out…

(Reuters) – Chicago Federal Reserve President Austan Goolsbee on Thursday said retailers and manufacturers had stockpiled about two weeks worth of items in anticipation of the U.S. dockworkers’ strike, but…

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Thursday that the Bank of Japan should stay data-dependent and continue to gradually raise policy rates in line…

COLOMBO (Reuters) – Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the International Monetary Fund, the new government said…

By David Lawder WASHINGTON (Reuters) – The International Monetary Fund said on Thursday an escalation of the conflict in the Middle East could have significant economic ramifications for the region…

By Jamie McGeever ORLANDO, Florida (Reuters) – In today’s digital and services-dominated economy, one might be forgiven for buying into the narrative that oil no longer has any real bearing…

(Reuters) -U.S. companies from Target and Macy’s (NYSE:M) to package delivery firm UPS plan to hire thousands of seasonal workers ahead of the crucial holiday season. Retailers are expected to…