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Macroeconomics
Nov 19, 2024
South Korea pledges 45% increase in World Bank fund contribution
SEOUL (Reuters) - South Korean President Yoon Suk Yeol has pledged a 45% increase in the country's contribution to the World Bank's International Development Association fund to...
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Nov 18, 2024
Analysis-BOJ to bid farewell to stimulus era, justify rate hikes in policy review
By Leika Kihara TOKYO (Reuters) - The Bank of Japan will release next month its findings on the pros and cons of the various unconventional monetary easing tools used in its...
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Nov 18, 2024
G20 summit spotlights Global South, bracing for Trump's return
By Eduardo Baptista and Jake Spring RIO DE JANEIRO (Reuters) -Brazil's President Luiz Inacio Lula da Silva opened the summit of the Group of 20 major economies on Monday with the...
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Nov 18, 2024
Trump's search for Treasury pick widens with Warsh, Rowan among names, sources say
By Steve Holland WEST PALM BEACH, Florida (Reuters) -President-elect Donald Trump's search for a Treasury secretary is widening after it stalled over the weekend and he is looking...
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Nov 18, 2024
Biden pledges record $4 billion to World Bank fund for poorest countries
By David Lawder and Andrea Shalal WASHINGTON (Reuters) - U.S. President Joe Biden pledged a $4 billion U.S. contribution to the World Bank's International Development Association...
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Nov 18, 2024
New York to impose $9 congestion fee in Manhattan starting Jan. 5
By David Shepardson (Reuters) -New York City's Metropolitan Transportation Authority voted on Monday to implement a $9 congestion mitigation charge for driving in Manhattan...
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Nov 18, 2024
Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
(Reuters) -Chipmaker Wolfspeed (NYSE:WOLF) said on Monday that its board ousted Gregg Lowe as its CEO without cause, amid growing challenges from slowing demand for electric...
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Nov 18, 2024
US labor market still boosting inflation, San Francisco Fed economists say
SAN FRANCISCO (Reuters) - A tight U.S. labor market is still adding to inflationary pressures, though less so than it did in 2022 and 2023, according to research published on...
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Nov 18, 2024
Morgan Stanley raises base case 2025 yr-end S&P 500 target to 6,500
NEW YORK (Reuters) - Morgan Stanley (NYSE:MS) has increased its 12-month base case price target on the S&P 500 to 6,500, the firm's equity strategist Michael Wilson and other...
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Nov 18, 2024
Biden urges Congress to approve nearly $100 billion in disaster relief
WASHINGTON (Reuters) - President Joe Biden's administration called on U.S. lawmakers on Monday to quickly pass roughly $100 billion in emergency disaster relief funding in the...
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