Economy Archives | Page 7 of 17 | All about Economy stories

Fed’s Janet Yellen, in Testimony, Counsels Patience on Interest Rate Increase

YoopyaFeb 25, 2015July 8, 20230

WASHINGTON — Janet L. Yellen, the Federal Reserve chairwoman, told Congress on Tuesday that the central bank is pleased with recent economic growth but convinced

German Growth Surprise Driven by Domestic Demand

YoopyaFeb 14, 2015July 9, 20230

(Bloomberg) — German economic growth accelerated at the end of last year while France’s slowed, signaling that the euro-area recovery remained uneven as the European

European Central Bank Bets Big on Curing the Economy

YoopyaJan 24, 2015July 3, 20230

Mario Draghi has delivered — for now, at least. After more than a year of speculation, Mr. Draghi, the never-predictable head of the European Central

Standard Chartered axes equities business, retail jobs in cost cut push

YoopyaJan 8, 2015July 3, 20230

(Reuters) – Standard Chartered chief executive Peter Sands moved aggressively on Thursday to reverse the Asia-focused lender’s fortunes by closing the bulk of its global

World stocks higher on first day of 2015 trading

YoopyaJan 2, 2015June 17, 20230

World stock markets started 2015 on a positive note Friday as investors waited for cues from new economic data and central bank meetings in coming

Asia stocks, dollar up as robust U.S. GDP lifts holiday mood

YoopyaDec 24, 2014July 6, 20230

(Reuters) – Asian stocks gained and the dollar stood tall on Wednesday thanks to surprisingly robust U.S. economic growth, helping investors head into the Christmas

Russian ruble suffers steepest drop in 16 years

YoopyaDec 16, 2014July 14, 20230

(Reuters) – The ruble plunged more than 10 percent for the second day on Tuesday and recorded its worst fall since the Russian financial crisis

South Africa still in gradual policy tightening cycle – cbank’s Kganyago

YoopyaDec 6, 2014July 12, 20230

JOHANNESBURG (Reuters) – Falling oil prices and benign food prices have served to improve South Africa’s inflation outlook, but the central bank remains in a

National debt exceeds $18T, sparking renewed criticism of spending under Obama

YoopyaDec 4, 2014July 6, 20230

The national debt has passed the $18 trillion mark, sparking renewed criticism Tuesday from Republicans and other fiscal conservatives over the soaring trajectory of government

Citi Chief Economist: Bitcoin is Closest Commodity to Gold

YoopyaNov 28, 2014July 6, 20230

Gold is a commodity like bitcoin and other cryptocurrencies, Citi’s chief economist argues in a research note published yesterday, ahead of a Swiss vote that could cause