Browsing Category
Economic News
Trump suspends entry of certain foreign workers despite business opposition
By Ted HessonWASHINGTON (Reuters) - U.S. President Donald Trump suspended the entry into the United States of certain foreign workers on…
Canadian retail sales down record 26.4% in April on coronavirus shutdowns
By Kelsey JohnsonOTTAWA (Reuters) - Canadian retail sales plummeted 26.4% in April, posting a record decline for a second consecutive…
EU stimulus designed to support single market: executive chief
BRUSSELS (Reuters) - A key aim of the EU's multi-billion euro stimulus package is to prevent a widening of economic differences in bloc,…
India to launch new rural job programme for migrants
NEW DELHI (Reuters) - India will launch a new rural jobs programme on Saturday to alleviate the distress of hundreds and thousand of…
ECB struggling with weak public trust, paper shows
FRANKFURT (Reuters) - Public trust in the European Central Bank appears to have dropped by more than in other governing institutions over…
U.S. banks attract bargain hunters though hurdles to growth remain
By Sinéad Carew(Reuters) - Investors eyeing a turnaround in the U.S. economy are piling into U.S. bank stocks even as some caution that…
German Bund yields at highest since mid-April as risk appetite soars
By Dhara Ranasinghe and Abhinav RamnarayanLONDON (Reuters) - Germany's benchmark 10-year Bund yield hit its highest level since…
Rich world’s jobs crisis jolts money flows to millions
By Nelson Renteria, Drazen Jorgic and Sofia Menchu(Reuters) - Carlos Sosa, a Salvadoran waiter in New York, used to send up to $500 a…
Coronavirus depresses U.S. consumer spending in April
WASHINGTON (Reuters) - U.S. consumer spending suffered another month of record decline in April as the COVID-19 pandemic undercut demand,…
Fed’s Powell to speak as focus turns from crisis to bond-buying
By Howard SchneiderWASHINGTON (Reuters) - Federal Reserve Chair Jerome Powell will speak in a public webcast on Friday, with the details…