Economy

Nov 18 (Reuters) - The way the banking system manages its cash suggests the financial system may not be as flush as many now understand, and that could have implications for how the Federal Reserve manages the size of its balance sheet, a paper from the Federal Reserve Bank of New York said Friday.That's because even though institutions like the…

(Bloomberg) -- China’s top economic planner will hold a press briefing on Tuesday to discuss a package of policies aimed at boosting economic growth, as investors look for more stimulus measures from President Xi Jinping’s government.Most Read from BloombergThe briefing, which is scheduled to start at 10 a.m., will include five senior officials…

A version of this post first appeared on TKer.coThe stock market climbed to all-time highs, with the S&P 500 setting a closing high of 5,762.48 on Monday. For the week, the S&P rose 0.2% to end at 5,751.07. The index is now up 20.6% year to date and up 60.4% from its October 12, 2022 .On Friday, we learned the U.S. economy created a…

New York CNN  —  The US job market is still piping hot. That’s raising questions about how fast inflation will continue to cool. The economy added a staggering 254,000 jobs in September, according to Friday data from the Bureau of Labor Statistics. That…

At this time last year, economists were hopeful that snarls in global shipping and manufacturing would soon clear; consumer spending would shift away from goods and back to services; and the combination would allow supply and demand to come back into balance, slowing price increases on everything from cars to couches. That has happened, but only…

The yield curve moved further toward un-inversion, but not the way it was hoped. By Wolf Richter for WOLF STREET. The Treasury yield curve un-inverted by another big step on Friday: The three-month yield has vacillated in the same range for the past 11 trading days following the drop after the monster rate cut. But longer yields surged,…

New Delhi – Nearly three years after toxic gases from a Union Carbide Corporation’s (UCC) factory killed an estimated 15,000 people and left more than half a million seriously ill in the Indian city of Bhopal, a chemical trading firm – Visa Petrochemicals Private Limited – was incorporated in Mumbai. Over the next 14 years, Visa Petrochemicals…

(Bloomberg) -- US inflation probably moderated at the end of the third quarter, reassuring a Federal Reserve that’s shifting more of its policy focus toward shielding the labor market.Most Read from BloombergThe consumer price index is seen rising 0.1% in September, its smallest gain in three months. Compared with a year earlier, the CPI…

BEIJING (Reuters) -China's home sales rose during the National Day holiday after a string of property stimulus measures to boost the country's beleaguered real estate market since late September, state media said on Saturday. Across the world's second-largest economy, policies including reductions in down-payment ratios and mortgage rates have…

Fox News Digital spoke with residents just south of Houston, Texas this week about the economy and who they trust more between Kamala Harris and Donald Trump to boost the economy as president.After shopping at Costco, local residents expressed frustration with current overall costs and the economy as a whole, both on and off camera. "All the…