Walmart staffed up for holidays; US retailers cautious about economy
An employee checks on a Christmas display at a Walmart store in Chicago, Illinois, U.S. November 23, 2016. REUTERS/Kamil Krzaczynski/File...
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Shekel hits 4 per USD for first time since 2015 amid Israel-Hamas war
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsJERUSALEM/NEW YORK, Oct...
Insight: As global debt worries mount, is another crisis brewing?
Higher rates feed developed economy debt worriesHuge spending needs, interest payments to keep debt highU.S., Italy, Britain most concerningCredible spending plans, tax hikes, higher growth neededLONDON, Oct 16 (Reuters) - Record debts, high interest rates, the costs of climate change, health and pension spending as populations age and fractious politics are stoking fears of a financial market crisis in big developed economies.A surge in government borrowing costs has put high debt in the spotlight, with investors demanding increased compensation to hold long-term bonds and policymakers urging caution on public finances.Over...
China ramps up liquidity support to banking system
Paramilitary police officers stand guard in front of the headquarters of the People's Bank of China, the central bank (PBOC),...
Key takeaways from the IMF/World Bank meetings
World Bank President Ajay Banga, World Bank Secretary Mercy Tembon, Ukraine Minister of Finance Serhiy Marchenko, International Monetary Fund (IMF)...
US consumer sentiment sours; dollar aiding inflation fight
Vegetables are pictured at a produce shop at Reading Terminal Market after the inflation rate hit a 40-year high in...
S&P 500, Nasdaq fall with data, geopolitics offsets strong results
JPMorgan and Wells Fargo, rise on Q3 profit beatS&P 500, Dow notch weekly gains, U.S. crude prices rallyU Mich's preliminary...
Major US banks show profit boost, but some caution from consumers
The entrance to JPMorgan Chase's international headquarters on Park Avenue is seen in New York October 2, 2012. REUTERS/Shannon Stapleton/File...
Yellen says US-backed IMF funding increase is ‘pretty likely’
U.S. Treasury Secretary Janet Yellen addresses a news conference during a G20 finance ministers' and Central Bank governors' meeting at...
Dollar up after inflation data boost
The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023. REUTERS/Jose Luis...
