Oil falls more than 1% on weaker economic outlook

Oil falls more than 1% on weaker economic outlook

[1/2]In an illustration taken on September 4, 2022, you can see the word “oil” and a stock chart through a magnifying glass. REUTERS/Dado Ruvic/Illustration/File Photo Acquisition of licensing rights Investors are monitoring the development of the Israel-Hamas conflict US oil stocks increased more than expected – EIA Macroeconomic concerns weigh in NEW YORK, Oct 26 …

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Why a great economic report could mark the peak of ‘Bidenomics’

Why a great economic report could mark the peak of 'Bidenomics'

What economists expected It exceeded the expectations of some economists, but turned out to be worse than others. The Federal Reserve Bank of Atlanta’s GDPNow model estimated that the economy grew 5.4 percent in the third quarter. Still, data showed the economy was growing at its fastest pace in almost two years. Wells Fargo economists …

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China’s new bonds are aimed at helping economic recovery, an official says, as its budget deficit widens

China's new bonds are aimed at helping economic recovery, an official says, as its budget deficit widens

In an illustration taken on February 10, 2020, Chinese yuan banknotes can be seen behind a highlighted stock market graph. REUTERS/Dado Ruvic/Ilustracja Acquisition of licensing rights BEIJING, Oct 25 (Reuters) – China’s new government bonds will help shore up the economic recovery, China’s Vice Finance Minister Zhu Zhongming said on Wednesday, as the government’s stepped-up …

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Britain says change in pension funds needed to improve returns

Britain says change in pension funds needed to improve returns

Britain’s Chancellor of the Exchequer Jeremy Hunt leaves Downing Street in London, Britain September 13, 2023. REUTERS/Toby Melville/File photo acquire license rights LONDON, Oct 25 (Reuters) – Britain will not force pension funds to consolidate or invest in high-growth companies, but changes must be made to the sector to offer retirees better long-term returns term, …

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Most Gulf markets gain ahead of US economic data

Most Gulf markets gain ahead of US economic data

Electronic boards showing stock market information at the Dubai Stock Exchange, United Arab Emirates, November 5, 2020. REUTERS/Abdel Hadi Ramahi/File photo Acquisition of licensing rights Oct 24 (Reuters) – Most major Gulf exchanges traded higher on Tuesday as economic data is expected to provide guidance to the U.S. Federal Reserve on its next steps, although …

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Argentina goes to the polls in the face of a severe economic crisis

Argentina goes to the polls in the face of a severe economic crisis

Workers load ballot boxes and voting materials into a truck ahead of the presidential election, Buenos Aires, Argentina, October 21, 2023. REUTERS/Mariana Nedelcu/File Photo Acquire Licensing Rights BUENOS AIRES, Oct 22 (Reuters) – Argentines will go to the polls on Sunday to vote in a general election in the shadow of the South American country’s …

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China should strengthen economic recovery and limit risks, says central bank chief. By Reuters

China should strengthen economic recovery and limit risks, says central bank chief. By Reuters

Reuters. FILE PHOTO: A woman walks past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China, September 28, 2018. REUTERS/Jason Lee/File Photo SHANGHAI/BEIJING (Reuters) – China will promote a sustained economic recovery by focusing on boosting domestic demand while fending off financial risks, People’s Bank of China Governor Pan …

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