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Macroeconomics
Nov 01, 2024
Elon Musk loses bid to move case over $1 million voter prizes
By Luc Cohen (Reuters) - A U.S. judge on Friday denied Elon Musk's bid to move a Pennsylvania lawsuit over his $1 million voter prizes to federal court, moving the case back to...
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Nov 01, 2024
October's jobs report big miss dispels Fed pause concerns, restoring bets on cuts
The big miss on the October jobs report put bets on the Federal Reserve rate cuts in the upcoming two meetings firmly back on the table, dispelling concerns that...
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Nov 01, 2024
Argentina cuts interest rate to 35% as inflation outlook eases
By Jorge Otaola BUENOS AIRES (Reuters) -Argentina's central bank cut its benchmark interest rate to 35% in a surprise move on Friday, boosting local markets and signaling growing...
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Nov 01, 2024
US labor market staggers after blow from hurricanes, strikes
By Lucia Mutikani WASHINGTON (Reuters) -U.S. job growth almost stalled in October as strikes in the aerospace industry depressed manufacturing employment while hurricanes...
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Nov 01, 2024
IMF sees Mexico's economic growth slowing to 1.5% this year
MEXICO CITY (Reuters) - The International Monetary Fund (IMF) estimates that Mexico's economic growth will slow to around 1.5% this year before dipping to just 1.3% in 2025,...
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Nov 01, 2024
Recent data has kept Fed rate view, soft landing, intact
By Howard Schneider WASHINGTON (Reuters) - A data-heavy week has kept the U.S. Federal Reserve's core view intact of an economy where price pressures continue to ease and the job...
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Nov 01, 2024
Bank of Canada begins registration of payment service providers
OTTAWA (Reuters) -The Bank of Canada on Friday started registering payment service providers as part of a plan to bring them under its regulation and promote secure and reliable...
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Nov 01, 2024
Fed seen on track for 25-basis-point rate cuts next week and in December 
By Ann Saphir (Reuters) -Federal Reserve policymakers look all but certain to reduce short-term borrowing costs by a modest quarter of a percentage point at their policy meeting...
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Nov 01, 2024
Czech central bank likely to continue rate cuts, analysts say: Reuters poll
By Jason Hovet PRAGUE (Reuters) - The Czech National Bank (CNB) is likely to deliver an eighth straight interest rate cut next week as economic growth is expected to stay weak and...
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Nov 01, 2024
US manufacturing drops to 15-month low in October
WASHINGTON (Reuters) - U.S. manufacturing activity slumped to a 15-month low in October and factories faced higher prices for inputs. The Institute for Supply Management (ISM)...
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