By Lucia Mutikani WASHINGTON (Reuters) -U.S. retail sales fell more than expected in November, but consumer spending remains supported by a tight labor market, with the number of Americans filing for[...]
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December 15, 2022
Macron wants European response to U.S. IRA to amount to 2% of GDP
PARIS (Reuters) – French President Emmanuel Macron said on Thursday Europe needed an urgent response to the U.S. Inflation Reduction Act to ensure a future for its industry and welcomed the mand[...]
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World Bank’s private arm launches $2 billion program to help Ukrainian businesses
By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm on Thursday said it had launched a $2 billion support package for Ukraine to help build the resilience of th[...]
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U.S. dollar gains sharply across the board as recession fears mount
By Gertrude Chavez-Dreyfuss and Karen Brettell NEW YORK (Reuters) – The U.S. dollar soared on Thursday, led by strong gains against the yen, sterling, and commodity currencies, as investors fret[...]
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Marketmind: On the ropes
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. All the signs – hawkish rhetoric from the Fed and ECB, the selloff on Wall Street and dismal Chi[...]
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Argentina inflation hits nine-month low; interest rate held steady
By Walter Bianchi and Horacio Soria BUENOS AIRES (Reuters) -Argentina’s monthly inflation rate slowed to 4.9% in November, the lowest in nine months, providing a silver lining for the South Amer[...]
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Stocks slump, greenback gains as central banks continue inflation battle
By Lawrence Delevingne (Reuters) -Global shares slumped on Thursday, while the U.S. dollar gained and Treasury yields ticked down, after major central banks hiked interest rates in their final policy[...]
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Colombia to hike minimum monthly wage by 16%
BOGOTA (Reuters) – Colombia’s minimum wage will increase by 16% in 2023, President Gustavo Petro said on Thursday, higher than the previous wage hike. The minimum wage will rise to 1.16 mi[...]
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Bank of Mexico hikes rate to 10.50%, signals another increase coming
By Brendan O’Boyle and Anthony Esposito MEXICO CITY (Reuters) -The Bank of Mexico raised its key interest rate by an expected 50 basis points to a record 10.50% on Thursday, tempering its moneta[...]
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