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Macroeconomics
Oct 31, 2024
Argentina tax amnesty scheme lures $18 billion in bank deposits
By Jorge Otaola and Lucinda Elliott BUENOS AIRES (Reuters) -A tax amnesty program in Argentina encouraging residents to deposit foreign currency previously stuffed under...
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Oct 31, 2024
Low US weekly jobless claims, solid consumer spending showcase economy's strength
By Lucia Mutikani WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending...
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Oct 31, 2024
Brazil's strong labor market fuels inflation fears ahead of expected rate hike
By Luana Maria Benedito SAO PAULO (Reuters) -Brazil's labor market is posting blockbuster numbers ahead of a central bank rate decision next week, amid bets that the country's...
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Oct 31, 2024
Natural gas storage data shows slight drop, defying forecasts
In the latest Energy Information Administration (EIA) report, the U.S. natural gas storage saw a slight decrease, reflecting a potential shift in the energy sector's demand and...
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Oct 31, 2024
Canada's economy stalls in August; central bank's Q3 growth forecast in doubt
By Promit Mukherjee, Ismail Shakil OTTAWA (Reuters) -Canada's economy is likely to miss the Bank of Canada's revised third-quarter forecast after a slew of temporary factors...
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Oct 31, 2024
Chicago PMI sees unexpected contraction, underperforms forecasts
The Chicago Purchasing Managers' Index (PMI), a critical barometer of the economic health of the manufacturing sector in the Chicago region, has reported a decline, falling...
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Oct 31, 2024
US third-quarter labor costs growth smallest in more than three years
WASHINGTON (Reuters) - U.S. labor costs recorded their smallest increase in more than three years in the third quarter amid cooling wage growth, indicating that inflation was...
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Oct 31, 2024
September US PCE inflation ticks up, as expected
(Reuters) - The Commerce Department's personal consumption expenditures (PCE) price index, closely watched by the Federal Reserve, increased 0.2% in September after an unrevised...
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Oct 31, 2024
Inflation gauge closely watched by the Federal Reserve slows as expected to 2.1%
 An inflation metric closely monitored by the Federal Reserve slowed as expected in the year to September, potentially bolstering the case for the central bank to...
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Oct 31, 2024
US consumer spending beats expectations in September
WASHINGTON (Reuters) - U.S. consumer spending increased slightly more than expected in September, putting it and the economy on a higher growth trajectory heading into the final...
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