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Macroeconomics
Jan 17, 2025
US imposes sanctions on Yemeni financial institution in action against Houthis
WASHINGTON (Reuters) - The U.S. on Friday imposed sanctions on a Yemen-based financial institution that Washington accused of financially supporting the Houthis, as President Joe...
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Jan 17, 2025
IRS commissioner to quit as Trump takes office, WSJ reports
(Reuters) - US Internal Revenue Service Commissioner Danny Werfel said he would resign with nearly three years left in his term, The Wall Street Journal reported on Friday. "I...
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Jan 17, 2025
Factbox-Potential contenders to replace Justin Trudeau as Canadian prime minister
By David Ljunggren (Reuters) - Canada's ruling Liberal Party is looking for a new leader to replace Prime Minister Justin Trudeau, who announced on Jan. 6 he intended to step...
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Jan 17, 2025
IMF says China's economic growth of 5% in 2024 was 'positive surprise'
By Andrea Shalal WASHINGTON (Reuters) - China notified the International Monetary Fund on Thursday that its economy grew by 5% in 2024, IMF Chief Economist Pierre-Olivier...
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Jan 17, 2025
IMF lifts US outlook, warns countries against protectionism, subsidies
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund on Friday raised its forecast for global growth in 2025 by one-tenth of a percentage point, with...
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Jan 17, 2025
Trump, China's Xi hold call on TikTok, trade, Taiwan
By Doina Chiacu and Yukun Zhang WASHINGTON (Reuters) -U.S. President-elect Donald Trump and Chinese President Xi Jinping discussed issues including TikTok, trade and Taiwan in a...
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Jan 17, 2025
IMF raises forecast for 2025 US economic growth
- The International Monetary Fund has hiked its growth forecast for the US this year, helping offset downward revisions in several other major economies. In its...
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Jan 17, 2025
Trump's tariff plan could be gambit to win leverage, strategists say
By Ankika Biswas (Reuters) - As investors the world over brace for a global trade war with U.S. President-elect Donald Trump returning to the White House next week, several...
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Jan 17, 2025
US mid-sized banks ride industry upswing on robust fee income
By Manya Saini and Niket Nishant (Reuters) - A raft of U.S. banks reported higher fourth-quarter profits on Friday, extending a winning streak for the industry as an upswing in...
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Jan 17, 2025
Wall St set for weekly advances in countdown to Trump presidency
By Johann M Cherian and Sukriti Gupta (Reuters) - Wall Street's main indexes rose on Friday, with the S&P 500 and the Dow on track to log their biggest weekly gains since...
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