By Nelson Acosta HAVANA (Reuters) - Cuba is unlikely to see any growth in 2024, Economy Minister Joaquin Alonso said on Thursday, as its already sputtering state-run economy...
By Brendan O'Boyle MEXICO CITY (Reuters) -The Bank of Mexico on Thursday lowered its benchmark interest rate by 25 basis points for a third straight meeting, underscoring progress...
By David Shepardson WASHINGTON (Reuters) -The U.S. Postal Service said on Thursday it must continue to cut costs and boost revenue or risks requiring a government bailout to help...
By David Lawder WASHINGTON (Reuters) -No major U.S. trading partner manipulated its currency in the year to June 30, the Treasury Department said on Thursday in the Biden...
By Alden Bentley (Reuters) - A look at the day ahead in Asian markets. A warm reading on U.S. producer price inflation in October and hawkish comments by Federal Reserve chair...
(Reuters) -Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates...
Federal Reserve Chairman Jerome Powell said Thursday that economy isn't signalling a need for speed on rate cuts as the recent strength allows the Fed to take a...
U.S. stocks slipped as the market's big burst following Donald Trump's election continued to cool. The S&P 500 dipped 0.6% Thursday. The Dow Jones Industrial Average dropped 0.5%, and the Nasdaq composite sank 0.6%.
FRANKFURT (Reuters) - Interest rate changes should remain the European Central Bank's primary policy instrument and bond purchases, along with forward guidance, need to be used...
On a generally gloomy Thursday for the stock market, Tencent Holdings (OTC: TCEHY) was something of a standout. Tencent reported its third-quarter results after market hours on Wednesday, revealing that it managed to grow revenue by 8% year over year in the period to over 167 billion yuan ($23.1 billion). International Financial Reporting Standards (IFRS) net income saw a more impressive leap, rising by 47% to 53.2 billion yuan ($7.4 billion).