Economy

SYDNEY (Reuters) – Australia’s consumer price inflation rate stayed at a three-year low in October as government rebates drove electricity...

Economy

Morning Bid: Trump tariff pledge roils currencies

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By Lewis (JO:LEWJ) Krauskopf (Reuters) – A look at the day ahead in Asian markets. Donald Trump’s vow of hefty...

Economy

BoE’s Lombardelli says US trade tariffs would pose risk to economic growth, FT reports

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(Reuters) – Bank of England’s Clare Lombardelli said U.S. President-elect Donald Trump’s proposed tariffs would pose a risk to economic...

Economy

Some Fed policymakers open to lowering the overnight repo rate

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SAN FRANCISCO (Reuters) – Some Federal Reserve policymakers believe it may soon be time to lower the rate on funds...

Economy

Nordstrom beats quarterly estimates, breaking weak demand trend at department stores

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(Reuters) -Nordstrom beat third-quarter revenue and profit estimates on Tuesday, helped by rising demand for popular brands including On Running,...

Economy

Fed cites economic volatility, uncertainty as reasons to go slow on rate cuts

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By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials appeared divided at their meeting earlier this month over how much farther...

Economy

Former hedge fund manager Tilson enters race for New York City mayor

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By Svea Herbst-Bayliss NEW YORK (Reuters) – Investor Whitney Tilson, who often pushed corporations to perform better for shareholders and...

Economy

Fed members back gradual rate cuts should economy evolve as expected: Fed Minutes

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