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Macroeconomics

Yellen says Trump's plan for new revenue agency won't save money for taxpayers

By Andrea Shalal NEW YORK (Reuters) - U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government agency to collect...

Canada could slap tariffs on C$150 billion worth of US imports, source says

OTTAWA (Reuters) - Canada could impose countermeasures on up to C$150 billion worth of U.S. imports if President-elect Donald Trump puts tariffs on Canadian goods and services, a...

Japan firms face serious labour crunch from aging population, survey shows

TOKYO (Reuters) - Two-thirds of Japanese companies are experiencing a serious business impact from a shortage of workers, a Reuters survey showed on Thursday, as the country's...

Venezuela inflation was 48% year-on-year in 2024, Maduro tells lawmakers

CARACAS (Reuters) - Venezuela inflation was 48% annually in 2024, the lowest in 12 years, Venezuelan President Nicolas Maduro told lawmakers in an annual address to the national...

Drake sues longtime label UMG for defamation over Kendrick Lamar's 'Not Like Us'

By Jonathan Stempel NEW YORK (Reuters) -Drake sued his longtime label on Wednesday, accusing Universal Music Group (AS:UMG) of defamation for promoting Kendrick Lamar's "Not Like...

Morning Bid: Global inflation relief lifts bond yield gloom

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. At last, some breathing room for investors after U.S. and UK inflation figures on Wednesday eased the...

Analysis-Inflation revival persists as market risk despite CPI-fueled rally

By Suzanne McGee and Saqib Iqbal Ahmed (Reuters) - A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday,...

US businesses wary of Trump policy impacts, Fed survey shows

By Ann Saphir (Reuters) -The U.S. economy ended 2024 with a slight to moderate increase in activity and a tick upward in employment, the Federal Reserve said on Wednesday, but...

Irish parties pledge increased investment after coalition deal

By Padraic Halpin and Conor Humphries DUBLIN (Reuters) - Ireland's two major centre-right parties finalised a coalition deal with independent lawmakers on Wednesday that will...

Drake sues longtime label UMG for defamation over Kendrick Lamar's 'Not Like Us'

By Jonathan Stempel NEW YORK (Reuters) - Drake sued his longtime label on Wednesday, accusing Universal Music Group (AS:UMG) of defamation for promoting Kendrick Lamar's "Not Like...

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