U.S. consumer sentiment tumbled in early January to its lowest level since President Donald Trump was elected more than two years ago amid fears an ongoing partial shutdown of the federal government and financial market volatility would slow the economy.U.S.
Amid the stalemate in Washington, credit unions have some of the more generous offers for government employees.CNBC
Bulgaria will need to wait at least until mid-2022 to join the euro, the EU commissioner in charge of the common currency said on Friday.U.S.
U.S. government debt prices were lower on Friday morning, as investors monitored political developments and trade negotiations with China.CNBC
A series of vote-catching measures planned by Indian Prime Minister Narendra Modi as he braces for a difficult general election may cost more than 1 trillion rupees ($14 billion), two sources with direct knowledge of the matter said.U.S.
Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen cooperation to broaden economic ties.in.reuters.com
Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen their pragmatic cooperation to broaden economic ties.IN
Germany and China on Friday signed agreements to strengthen coordination in banking, finance and capital markets, and pledged to further open market access and deepen their pragmatic cooperation to broaden economic ties.U.S.
President Donald Trump's move to appoint the Carnegie Mellon economist as a central banker ran into a dead end last year when the nomination died in the Senate.CNBC
Jamaica's central bank has released a series of videos on Twitter addressing inflation and monetary policy. The Caribbean nation has dealt with extremely high levels of debt in recent years. The campaign's videos — which are reportedly a product of Tony Morrison, the bank's public relations director — are educational, whimsical, and sound delightful. "Low and stable inflation is to the economy what the bass line is to reggae music." "Inflation's not the enemy if we control it. If it's too...markets.businessinsider.com
Euro zone finance ministers will invite applications on Monday for the job of European Central Bank Chief Economist, replacing Peter Praet whose term ends on May 31, a senior euro zone official said on Thursday.IN
Any new referendum on Britain's membership of the European Union cannot simply be a re-run of the 2016 vote, British opposition Labour leader Jeremy Corbyn said on Thursday, adding that Labour policy on a new referendum would not be set by him alone.U.S.
The ongoing federal government shutdown is impeding efforts to advance several rule changes that aim to make life easier for financial institutions.U.S.
Japanese Finance Minister Taro Aso on Thursday urged the Group of 20 major economies to renew their commitment to sustaining the international order based on cooperation and openness that has come under threat from protectionism.IN
China's economy is expected to cool further this year as domestic demand weakens and exports are hit by U.S. tariffs, a Reuters poll showed on Thursday, reinforcing views Beijing will need to roll out more stimulus measures.U.S.
Lowering interest rates in India could lead to higher expectations of inflation and an increased risk of actual inflation, meaning it would be a "policy mistake" for the Reserve Bank of India (RBI), according to an economist.CNBC
Labor markets tightened across the United States as businesses struggled to find workers at any skill level and wages generally grew moderately, the Federal Reserve said on Wednesday in its latest report on the economy.U.S.
Britain is due to leave the European Union in 10 weeks' time but it still has no clear way out of the bloc, raising the prospect of no transition period to smooth the shock for the world's fifth-biggest economy.U.S.
Brazil's far-right President Jair Bolsonaro and Argentina's President Mauricio Macri said after their first meeting on Wednesday that they agreed on their opposition to Venezuela's authoritarian government, with Macri calling Venezuelan President Nicolas Maduro a "dictator."U.S.
Bank of England Governor Mark Carney said sterling's rise after Prime Minister Theresa May's Brexit plan was defeated in parliament suggested investors felt the risk of a no-deal Brexit had diminished, or that the process would be extended.CNBC
The financial sector is prepared to cope with the possible fallout if Britain fails to reach an agreement on its departure from the European Union, the Bank of France governor said on Wednesday.U.S.
The People's Bank of China on Wednesday pumped the most money ever into the banking system in one day, highlighting the stress the economy is facing.CNBC
China's central bank injected a record $83 billion into the country's financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy.U.S.
Indian Prime Minister Narendra Modi's ruling party is in favor of an expansionary economic policy and does not consider the government's plan to keep the fiscal deficit to 3.3 percent of GDP as "sacrosanct", a party spokesman told Reuters.U.S.