Global debt edges to fresh record, populism could push it higher- IIF
By Libby George LONDON (Reuters) -Global debt edged up to a record $307.4 trillion in the third quarter, and the debt-to-output ratio in emerging
U.S. jobless claims drop to five-week low of 209,000, but the report also contains hints of trouble
The numbers: The number of Americans who applied for unemployment benefits last week fell to a five-week low of 209,000, indicating the U.S. labor
India’s currency in circulation growth slows after RBI withdraws Rs 2,000 notes
NEW DELHI – The Reserve Bank of India’s (RBI) decision to withdraw Rs 2,000 denomination banknotes from circulation has led to a significant decline
The U.K. is lifting its minimum wage to nearly double the U.S.’s hourly pay floor
Chancellor Jeremy Hunt has outlined a plan to lift what’s called the national living wage by nearly 10%, from £10.42 to £11.44 ($14.35). He
New York Fed officials call for greater data transparency
NEW YORK – Senior officials from the Federal Reserve Bank of New York emphasized the need for enhanced data transparency and understanding in the
Durable-goods orders tumble and show little sign of recovery among U.S. manufacturers
The numbers: Orders for durable or long-lasting goods sank 5.4% in October because of fewer contracts for Boeing passenger planes, but most other manufacturers also
ECB backs global rules for bonds wiped out in Credit Suisse rescue
FRANKFURT (Reuters) – The European Central Bank’s chief supervisor on Thursday supported creating global standards for convertible bonds that were wiped out as part
Consumer sentiment improves, but Americans are still worried about inflation
The numbers: Consumer sentiment improved slightly near the end of November, but Americans are more worried about the economy and think inflation is far
SBI chastised for legal action against deceased debtor
NEW DELHI – The State Bank of India (SBI) has faced criticism in a Delhi court for initiating a recovery suit against a deceased
Argentina’s Milei won his ‘war against the elite.’ Does his victory bode well for Trump in 2024?
Donald Trump struck a fatherly tone when congratulating Argentine President-elect Javier Milei on his resounding electoral victory Sunday, telling the leader in a Truth
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